Venezuela gets another arbitration complaint

Reuters already has the news:

CARACAS, July 19 (Reuters) – The World Bank will hear an arbitration case requested by U.S. company Koch Industries after Venezuela’s President Hugo Chavez nationalized a fertilizer plant it owned with the OPEC nation’s state oil firm.

On Tuesday, The World Bank’s investment dispute body ICSID said on its website it will form a tribunal to hear the complaint by two subsidiaries of Koch, one of the world’s largest privately owned companies.

That makes 18 pending cases against the Bolivarian Republic, for those keeping count at home.

My prior article about how Venezuela subsidized these famous Tea Party stalwarts.