TNK-BP Holding OAO's Minority Shareholders Notify Court of Rejection of RUB 100 Billion Lawsuit Against BP Plc-Interfax


Monday, 3 Dec 2012 12:54am EST 

Interfax reported that minority shareholders notify court of rejection of RUB 100 bi lion lawsuit against BP reported that the minority shareholders in TNK-BP Holding OAO have sent the court a notice that they are rejecting their lawsuit against BP Plc for RUB 100 billion. The court should consider this notice on December 14, 2102 the source said. The Chief of Staff and Administrator of the Eighth Arbitration Appeals Court, Olga Kurekova confirmed that the notice to drop the lawsuit was submitted on December 3, 2012 for the court's consideration. The notice will be considered at a court hearing on December 14, 2102. BP Plc's lawyer Konstantin Lukoyanov told Interfax that, there is no longer any point for the initiators of this lawsuit to pursue the court case. 

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