Albion Sues Heritage Oil Over $6.4M Unpaid Debt

Law360, London (March 24, 2021, 6:50 PM GMT) -- U.K.-based energy company Albion Resource is suing Energy Investments, a company belonging to a former Qatari prime minister, for just over $6.4 million in unpaid debts over a 2015 loan, the latest dispute between the two former investment partners.

Albion Resources Ltd. asked the High Court in its March 3 claim just made public to order Heritage Oil Ltd. and its parent company Energy Investments Global to pay its debt under a 2015 agreement for a total of $9.2 million. Energy Investments has paid off $7.7 million of the loan and the remaining debt plus interest accrued over the past six...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!