Leonard P. Stark

U.S. District Judge, District of Delaware

Appears in 1 story

Office: Judge of the United States Court of Appeals for the Federal Circuit

Born: July 5, 1969, Detroit

Education: University of Delaware, Magdalen College, Yale Law School

Last updated Nov 2, 2026

Stories

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

Rule Changes

As of May 2026: 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 May 15