1 / 1

Al Rushaid successfully concludes litigation with Texas Inte

(1888PressRelease) Al Rushaid successfully concludes litigation with Texas International Oilfield Tools. Cases against National Oilwell Varco (NOV) and Bank Pictet are ongoing.

donaldhood
Télécharger la présentation

Al Rushaid successfully concludes litigation with Texas Inte

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Al Rushaid successfully concludes litigation with Texas International Oilfield Tools. Cases against National Oilwell Varco (NOV) and Bank Pictet are ongoing. (1888PressRelease) Al Rushaid successfully concludes litigation with Texas International Oilfield Tools. Federal District Judge, Lyn Hughes, approved a settlement agreement between Al Rushaid and Texas International Oilfield Tools on February 15, 2012. Al Rushaid successfully concludes litigation with Texas International Oilfield Tools. Federal District Judge, Lyn Hughes, approved a settlement agreement between Al Rushaid and Texas International Oilfield Tools on February 15, 2012. The underlying claims relate to alleged bribes paid by Texas International Oilfield Tools to James McDonald Wight, a former Al Rushaid executive. In exchange for receiving the bribes, Wight approved lucrative contracts for Texas International Oilfield Tools. Under the settlement agreement Al Rushaid is to receive substantial compensation from Texas International Oilfield Tools. The details of the settlement agreement were not disclosed. Al Rushaid has brought similar cases against National Oilwell Varco (NOV) in Houston and Bank Pictet in New York. These matters are ongoing. For further information please contact: Lyons & Lurvey, P.A. Tel: 1 (305) 379-5554 E-mail: clyons ( @ ) llpalaw dot com http://www.gmgonlinetoday.com source: http://www.1888pressrelease.com/al-rushaid-successfully-concludes-litigation-with-texas-inte-pr-378713.html

More Related