Posts Tagged ‘district’

Peregrine Financial ex-CEO’s sentencing likely in early 2013

by on November 5, 2012 6:32 pm BST
CHICAGO | Mon Nov 5, 2012 1:32pm EST CHICAGO Nov 5 (Reuters) - Peregrine Financial Group's former chief executive, who confessed to bilking customers of his futures brokerage out of more than $100 million, will likely be sentenced in the first part of next year, the U.S. Attorney's Office said on Monday. Peregrine

Court rules for KBR in tax dispute

by on October 23, 2012 8:56 pm BST
The world's second largest oilfield services contractor had requested the appointment of an arbitrator to find that KBR owed it $256 million under the tax-sharing agreement, Reuters reported. KBR denied it owed anything and argued Halliburton actually owed it money. In addition, KBR said the dispute should be settled

ConocoPhillips to quit Peru block pair

by on October 5, 2012 1:37 pm BST
US supermajor ConocoPhillips has decided to quit two blocks in Peru’s Maranon Basin where conservation areas were declared over part of the acreage after the licences were awarded.The move comes just weeks after Canada’s Talisman Energy said it would quit the same blocks and two others in a move

Judge dismisses NY anti-drilling suit

by on September 27, 2012 6:31 pm BST
US District Judge Nicholas Garaufis threw out the action on procedural grounds, saying there was no basis for the lawsuit since the regulations it sought to halt had not yet been finalised, Reuters reported."The court concludes that this dispute is not currently fit for judicial review," Garaufis wrote.