Supreme Court Turns Down Tycoon's Tar Sands Rights Suit

Law360, New York (January 14, 2013, 7:21 PM EST) -- The U.S. Supreme Court on Monday refused to hear oil tycoon Jack Grynberg's appeal of the Tenth Circuit's decision not to reinstate a suit claiming Ivanhoe Energy Inc. stole confidential information and used it to gain Ecuadorean tar sand development rights that had previously belonged to Grynberg's companies.

Grynberg, Archidona Minerales SA, Cotundo Minerales SA and RSM Production Corp. filed their petition for a writ of certiorari with the high court in November, after the Tenth Circuit in July upheld a Colorado magistrate judge's decision to...
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