This is the most outstanding case study of a stretched-out litigation process in legal history. It includes hundreds of participants, judges, lawyers, clerks, witnesses, etc. notwithstanding thousands of pages and millions of words, costing millions of dollars, involving billions of dollars. Including three countries; Canada, United States of America and Venezuela. It will be a topic in law classrooms forever.

In Part A. You have the actual court's proceedings taking place, both in Canada and the United States. For over 10 years, battles went on between Crystallex and the government of Venezuela with charge after charge followed by appeal after appeal.  Judge Stark was very careful to follow the law exactly, so there was no possibility of an appeal by Venezuela after the final judgment is ordered. I HEREBY ORDER...  He did a great job.  Throughout the process Judge Stark gave Venezuela every opportunity to present their defense (appeal). Out of all of this, one phrase stands out Alter Ego.  

In Part B. Parallel to the cases in the courts is Venezuela, fighting back, and recently trying to negotiate with creditors for a deal, to save their crown jewel company, called Citgo. The major participants are Madero and Guaido. There have been imprisonments, hostages, and some driven to exile over this case. Corruption galore. Have any been thrown out of windows? What a story!

In Part C. The Treasury Department has played a big role in this fiasco.  They have stonewalled the legal outcome of this case right up to today against the American business investor, causing delays in settlement for only political reasons. Not a thing to do with business. Politics, Business, Money, Murder.

In Part D. We still have the Canadian courts to deal with after Part A is finished. In this case, it is Tenor against the shareholders. Canadian courts have never been kind to the common ordinary business investor. So, we shall see just how we make out here.  Gowling tried but failed. The court ruled in favor of Tenor.

This would be an epic story of interest to many, which I give the title, CORPORATE GREED by William Nisol. Subtitle: The Demise of a World Class Gold Mining Company. Inspired by true events.

The movie: This has all the ingredients of a great movie.  CORPORATE GREED starring Di Niro (Fung), Craig, Seydoux.  

Good luck everyone.

W.N.