May 11, 2020
A New York federal judge has thrown out a racketeering claim brought by funds managed by EIG Global Energy Partners that sought $663 million from Keppel Offshore & Marine Ltd. over its alleged role in a Brazilian bribery scheme, although an aiding and abetting fraud claim will move forward.
February 08, 2018
Funds managed by EIG Global Energy Partners have launched a $660 million racketeering suit in New York federal court against Keppel Offshore & Marine Ltd. over its role in a Brazilian bribery scheme connected to a failed drill ship venture, for which Keppel recently reached a $422 million criminal settlement with U.S. prosecutors.