Gold Reserve: Judge Denies Motion to Strike Notice in Citgo Case

Gold Reserve says a US judge denied its motion to strike the Special Master’s notice of superior proposal, according to a statement distributed by Business Wire.

• Judge Leonard Stark of the US District Court for the District of Delaware also granted the special master’s request to terminate Gold Reserve’s Dalinar Energy SPA and sign Elliott’s Amber Energy SPA
  • Stark said he was not making a decision on the merits of the ultimate question of what bid he would approve
• Gold Reserve expects a written opinion and order to be issued shortly
• NOTE: In Aug., Gold Reserve Says Delivered Improved Proposal ...