Ruling that “the Russian court system cannot be said to be so corrupt as to deprive litigants of their due process rights,” a Manhattan state court judge has dismissed a long-running effort by a Canadian business to recover its ownership interest in a Russian oil field.
Commercial Division Justice Eileen Bransten for the second time dismissed Norex Petroleum’s fraud claims that a cabal of Russian oligarchs, several of them U.S. citizens with Manhattan residences, bribed Russian judges and government officials to strip Norex of its ownership interest in a Siberian oil field.
Justice BranstenNYLJ/Rick Kopstein
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