Goldman Says Icahn's CVR Energy Owes $18.5M Tab

Law360, New York (June 21, 2012, 9:56 PM EDT) -- Goldman Sachs & Co. launched a suit in New York state court Thursday claiming Carl Icahn-controlled oil refiner CVR Energy Inc. is refusing to pay $18.5 million it allegedly owes for financial advice on the direct order of the billionaire investor himself.

Goldman accuses CVR of reneging on the terms of an engagement letter hiring Goldman for services which included advising CVR on the very tender offer that gave Icahn control of the company.

Icahn succeeded in taking over the Texas-based petroleum company May 4 after...
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