action has long had great allure for bankruptcy courts, whose regular work includes liquidation and reorganization of debtor estates for the benefit of creditors.
name, the revocatory
action title authorized a narrowly tailored claim
The CNE also approved the wording of the plebiscite question to appear on the ballot, leaving out the term "revocatory
" and the verb "revoke." Opposition groups expressed concern about the wording of the question, but said they were still optimistic.
10, a spokesperson for Ortega said he would return to Caracas to "support the revocatory
referendum" against Chavez.
In Chavez's case, 2.4 million signatures in support of the revocatory
referendum are needed, and, if a referendum is then held, at least 3.8 million people must vote in favor of his removal.
The administration of Venezuelan President Hugo Chavez signed an agreement with the opposition umbrella group Coordinadora Democratica (CD) that could lead to a revocatory
referendum on Chavez continuing as president.
The Organization of American States (OAS)-backed negotiations between the Chavez government and the opposition, which have taken place sporadically since November 2002, have also begun to bear fruit with a recent agreement regarding a revocatory
referendum for sometime after August.
"It is an attempt to go around the option of the revocatory
referendum," the alternative outlined by the Constitution and favored by the Chavez administration, but which cannot take place until August 2003, the halfway mark of the president's six-year term.