Coral Petroleum chiefs fail to testify in $2bn oligarch showdown
High Court ordered directors of alleged shell company to give their evidence in June
The current directors of Irish-based oil firm Coral Petroleum have so far failed to cooperate in a $2 billion legal showdown between Russian oligarchs in New York.
In June, the High Court granted a request from the US authorities to have five past and present directors of the alleged shell company give testimony in the offices of a Dublin solicitors firm. The order was made under the Foreign Tribunals’ Evidence Act 1856.
The directors’ evidence is...
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