Carpatsky Cleared To Gather Asset Info Over $147M Award
By Shayna Posses (July 17, 2019, 7:09 PM EDT) -- A Ukrainian company's efforts to nix requests for information about its assets at home failed Wednesday, with a Texas federal judge saying U.S.-based Carpatsky Petroleum Corp. is entitled to round up the details necessary to decide the best way to collect a $147 million arbitral award.
Senior U.S. District Judge Gray H. Miller rejected OJSC Ukrnafta's motion to quash subpoenas issued to third parties like oilfield services companies Halliburton Co. and Schlumberger Ltd., concluding that Carpatsky's requests are reasonably tailored to help the company get what it's owed under a favorable judgment.
"The court has considered all of these arguments and...
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