HNRK Prevails as New York Court Nixes Norex's Siberian Oil Field Suit
In an August 27, 2015 decision, Justice Eileen Bransten of the Commercial Division of the New York County Supreme Court dismissed all claims brought by a Canadian company against the firm’s client and other individuals and entities accused of conspiring to obtain a controlling interest in a Russian oil company. The firm’s client was the former President and Chief Executive Officer of a co-defendant company. In a comprehensive opinion addressing claims that have been litigated in the federal and New York courts for over a decade, Justice Bransten upheld a favorable decision of a Siberian court determining similar claims and also found that New York lacks personal jurisdiction over our client.
A Law360 article discussing Justice Bransten’s decision can be accessed here.