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Leonard P. Stark

Leonard P. Stark

U.S. District Judge, District of Delaware

Appears in 1 story

Notable Quotes

"The Amber Bid offers the best overall combination of price and certainty of closing of any bid submitted," Judge Leonard Stark wrote (Reuters, Nov. 25, 2025).

Stories

The sanctions switch flips: PDVSA 2020 bond trades reopen, and CITGO’s collateral lock starts to loosen

Rule Changes

Overseeing the CITGO parent-company auction and approving the leading bid structure.

CITGO has been the prize everyone can see, but almost nobody can touch. For years, a single U.S. sanctions lever has decided whether the PDVSA 2020 bond's "CITGO shares" collateral is a real hammer—or just a threat on paper.

Updated Yesterday