Posts Tagged ‘parties’

BP, AAR agree to drop legal wrangles

by on November 13, 2012 12:04 pm BST
British supermajor BP and the Alfa Access-Renova consortium have agreed to resolve all outstanding legal disputes between them and to push ahead with October’s large-scale deal to sell their joint venture TNK-BP to Russian state outfit Rosneft.BP said that Tuesday’s settlement “includes an immediate waiver of

BP and AAR settle all outstanding disputes

by on November 13, 2012 9:36 am BST
BP and AAR settle all outstanding disputesHOUSTON -- BP and AAR, joint shareholders in TNK-BP, announced that they have reached a comprehensive agreement to settle all outstanding disputes between them, including the current arbitrations brought by each against the other.The agreement includes an immediate waiver of the new opportunities

ZaZa closes Hess transaction in Paris basin

by on October 4, 2012 9:33 am BST
ZaZa closes Hess transaction in Paris basinHOUSTON -- ZaZa Energy Corp. announced that it recently received initial approval from the French government regarding the terms of ZaZa’s transaction with Hess Corp., announced June 11, 2012. This initial approval enabled the Parties to complete the termination of their 2010 agreements on October 1, 2012. As part of

Hope for Bents’ Reserve Fund to avoid U.S. trial-lawyer

by on September 12, 2012 11:30 pm BST
Wed Sep 12, 2012 7:30pm EDT * Bents, SEC have not had settlement talks - SEC lawyer * Jury could hear Bents testify at October trialBy Grant McCoolNEW YORK, Sept 12 (Reuters) - Money market pioneer Bruce Bent and his son, charged with misleading investors just after the collapse of Lehman Brothers, have a slim