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Judge Says Venezuelan Case Okay In Ohio

A federal judge has ruled Ohio is the appropriate forum for an investors' lawsuit seeking to collect 100 million dollars on three-decade-old Venezuelan promissory notes.Ed Sargus says it's more efficient to keep the case in Ohio and issues involving document translation and witness transportation can be overcome. Columbus-based Skye Ventures filed suit seeking payment on the notes from a defunct government-sponsored bank in Venezuela. Attorneys for Venezuela argued it made more sense to hear the case in that country, especially because so many case documents are located there.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.