UK Energy Co. Seeks Arbitration In Dispute With Ex-Partner

Law360 (October 23, 2020, 10:10 PM EDT) -- A British Isles energy company has filed an arbitration request with the International Court of Arbitration against its former joint venture partner, saying the move comes amid a dispute over a failure to pay nearly $1 million of the share of costs in a Romanian oil-and-gas field project.

Serinus Energy PLC, based on Jersey in the Channel Islands, said Thursday that it lodged its request for arbitration in the International Chamber of Commerce's court against its defaulted former partner, Romanian company Oilfield Exploration Business Solutions SA, as Serinus seeks to affirm its claim of a 40% ownership interest in the massive...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!