ALBANY – A billion dollar international lawsuit involving dramatic allegations of strong arm tactics, corrupt foreign courts and a complicated scheme to steal a Siberian oil field is headed for trial in Manhattan after the state’s highest court reinstated the action in a key statute-of-limitations decision.
The Court of Appeals’ holding in Norex Petroleum v. Blavatnik, 121, gives a Canadian oil company a chance to civilly pursue two Russian nationals living in New York, and several foreign corporations allegedly under their control, in a long-running battle over a lucrative oil field in western Siberia.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
