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Robert Pincus

Robert Pincus

Court-appointed special master / court officer in the sale process

Appears in 1 story

Stories

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

Rule Changes

Evaluates bids and recommends a winner in the Delaware auction process.

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 Dec 20, 2025