Siberian Court Orders Bp Lawsuit Trial

A Siberian court has ordered a new trial in a $12.15 billion lawsuit against BP brought last year by a minority shareholder in its conflict-plagued Russian venture, TNK-BP Ltd., a BP lawyer and the state news agency reported.

Topics:  siberian   russian   tnk-bp ltd   bp   lawsuit   trial   
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    The lawsuit comes as TNK-BP released results showing profit had fallen to $808m from $2.2bn in the second quarter. The result was down to changes in export taxes. On the legal decision a spokesman for BP said: “We consider the Court decision as unjustified.
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