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Almost 20 YEARS LATER Supreme Court STILL NOT DECIDED ON Long-Running Oil Company Case
Posted: Sunday, July 1, 2012
Joined: 7/1/2012
Posts: 2

1.          A 18-year long Oil Company case in the Supreme Court is still not concluded. The former partners of a petroleum company in Grand Bahama are still having their case heard in the Supreme Court. The plaintiffs had been granted a Case Management Conference, which is a preliminary step that paved the way for the case to be tried in a court of law. The plaintiffs are claiming that their shares and company licence were improperly taken away from them. Carlton Wildgoose, Rupert Watkins, Amos Russell and Oswald Archer, who once held shares in Petroleum Products Ltd. which is also named as a plaintiff in the suit, are bringing the action. The defendants are Citibank a United States bank with a Branch in The Bahamas, Gulf Union Bank, The Grand Bahama Port Authority, Freeport Oil Company Limited, Fabian Investments Ltd., Paul Major, F.I.R.M. Limited, Ianthe Limited, Maurice Glinton, Richard Rawle-Maynard and Felix Stubbs.


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