British Judge Rules Against Exxon Mobil

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At ap.google.com

A British judge ruled against Exxon Mobil Corp. on Tuesday, tossing out an order to freeze $12 billion in assets belonging to Venezuela's state oil company in a case that stemmed from the nationalization of a project last year. Judge Paul Walker noted that such freezing orders are rare and occur in cases where there is 'usually compelling evidence of serious international fraud.'

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Now you know what they mean when they talk about t... by Archie on Sunday, Apr 6, 2008 at 12:25:39 PM