Ex-Oil Co. Employee Must Face Kickbacks Suit In London
Law360, London (May 16, 2019, 5:21 PM BST) -- A London appeals court ruled that a former Yukos employee must face the energy giant's claims that he took kickbacks from financial institutions in the English courts instead of in the Netherlands, holding that an earlier settlement giving Dutch courts jurisdiction did not apply.
In a 24-page order handed down Wednesday, the Court of Appeal said that Yukos International UK BV could force Dmitri Merinson to face the claims in the English courts. The company has accused him of accepting illicit payments from banks and lenders while employed at the now-defunct oil company, but Merinson sought to argue that an earlier severance...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!