Gold Reserve moves to disqualify judge, advisers in Citgo parent auction
10/10/2025 13:46
HOUSTON, Oct 10 (Reuters) - Toronto-listed Gold Reserve GRZ.V has filed motions to disqualify two firms advising a Delaware court in an auction of shares in the parent of Venezuela-owned Citgo Petroleum, as well as a court officer and the judge overseeing the process. The miner, one of 15 creditors lining up to cash proceeds from the auction, said on Friday it had also requested a temporary stay of all decisions concerning any bids submitted in the sale process pending resolution of its disqualification motion. "Gold Reserve is seeking full transparency on these issues for its shareholders," it said in a release. (Reporting by Marianna Parraga Editing by Mark Potter) ((marianna.parraga@thomsonreuters.com; +1 713 371 7559; Reuters Messaging: @mariannaparraga))
Recent news on Gold Reserve
See all newsFactbox: Long fight over refiner Citgo progresses at US appeals court
Brief: Gold Reserve Files Response In Citgo Appeal, Supporting Venezuela's Request For Abeyance, Subject To Support Of United States
Brief: Gold Reserve Announces Intention To Commence Normal Course Issuer Bid
Brief: Gold Reserve Overcomes Rusoro Motion To Dismiss In Court Of Chancery
Brief: Gold Reserve Announces Intention To Make Further CVR/Bonus Settlement Offers, To Make Offers To Optionholders, And To Amend Equity Incentive Plan