March 04, 2014
A Ninth Circuit panel tossed a hedge fund's suit seeking to collect on oil concessions a Unocal Corp. subsidiary had paid to the Democratic Republic of Congo, ruling Tuesday that the future oil tax revenues could not be executed in U.S. courts.
February 10, 2014
Gas company Unocal Corp. on Monday urged the Ninth Circuit to toss a hedge fund's suit seeking to collect on oil concessions a Unocal subsidiary paid to the Democratic Republic of Congo, saying the foreign assets can't be executed on in U.S. courts.