Dana Gas PJSC, a United Arab Emirates fuel producer, began arbitration proceedings in London on rights and money owed from an oil development contract it signed with the Kurdistan regional government of Iraq in 2007.
Russian billionaire Suleiman Kerimov ’s challenge to a freeze on his assets, including stakes in mining company OAO Polyus Gold and fertilizer maker OAO Uralkali , will be heard next month in a Cyprus court.
News Corp. Chairman Rupert Murdoch and his sons Lachlan and James were sued in Manhattan federal court by a shareholder who says the phone-hacking scandal damaged the company and who described their actions as “damning.”
Torys LLP and Borden Ladner Gervais LLP advised Loblaw Cos., which agreed to buy Shoppers Drug Mart Corp. for C$12.4 billion ($11.9 billion) in the biggest takeover of a Canadian retailer. Osler Hoskin & Harcourt LLP advised Shoppers.
The California Public Employees Retirement System sued former Lehman Brothers Holdings Inc. executives and underwriters alleging they hid Lehman’s exposure to subprime loans when they sold the pension fund about $700 million in bonds.
United Co. Rusal, the world’s biggest aluminum producer, said it hired legal counsel to advise on arbitration brought by Sual Partners Ltd. to overturn trading contracts with Glencore International Plc.