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Gramercy Distressed Opportunity FundReuters
•81% Informative
A U.S. federal court officer overseeing an auction of shares in the parent of Venezuela -owned refiner Citgo Petroleum asked the judge in the case to prevent additional lawsuits that could derail the sales process.
Three creditors that had registered claims with the court but are unlikely to receive auction proceeds have filed separate lawsuits this year seeking to recoup billions of dollars from defaulted Venezuelan bonds.
The parallel lawsuits have complicated the auction of Citgo 's parent, PDV Holding .
VR Score
92
Informative language
97
Neutral language
86
Article tone
formal
Language
English
Language complexity
58
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not hateful
Attention-grabbing headline
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Known propaganda techniques
not detected
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short-lived
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