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   
BING NEWS:
  • Siberian court orders BP to pay TNK-BP $3bn in damages
    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.
    07/27/2012 - 2:20 am | View Link
  • Siberian Court Orders BP To Pay $3.1 Billion
    An arbitration court in Siberia has ... joint venture partner TNK-BP over the British company's attempt to form an alliance with rival Russian state-controlled oil company Rosneft. The verdict comes in response to a lawsuit launched last year by Andrei ...
    07/26/2012 - 1:00 pm | View Link
  • Siberian Court Rejects $16B Claims Against BP
    ... voted against a request by the minority shareholders to join the Tyumen lawsuit against BP. However, that vote is now being questioned in court by the plaintiffs, who say two BP-nominated directors charged in the initial lawsuit took part in the vote.
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