Judge Forces Kazakh-Oil Dispute Into Arbitration

Law360, New York (November 13, 2008, 12:00 AM EST) -- An independent oil and gas company that alleges BP PLC and several of its top executives bribed officials in Kazakhstan during negotiations of a development deal will head to binding arbitration with the oil giant, a federal judge has ruled.

Judge John D. Bates of the U.S. District Court for the District of Columbia ruled Wednesday that the terms of a 1999 settlement agreement between Jack Grynberg and his company Grynberg Production Corp. and BP were clear, and that an arbitrator should decide how much money...
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