Law360, New York (December 15, 2011, 6:31 PM ET) -- BP PLC, Russian billionaires and others accused of conspiring to seize Norex Petroleum Ltd.'s $500 million controlling interest in Russian oil company ZAO Yugraneft Corp. asked a New York state judge during a hearing Thursday to end the long-running dispute.
Alberta, Canada-based Norex has alleged that a complex web of Russian billionaires and the energy companies and industrial conglomerates they control plotted with BP to seize Yugraneft from Norex through a corrupt Siberian court proceeding in 2001 and have withheld Yugraneft profits and dividends from Norex...
Norex Suit Over Oil Co. Takeover Too Late: Attys
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