Aberdeen oil boss Bob Kidd loses £150m lawsuit
Aberdeen oil boss Bob Kidd has lost a £150 million fraud case he brought against American business partners and their law firm.
Aberdeen oil boss Bob Kidd has lost a £150 million fraud case he brought against American business partners and their law firm.
Aberdeen oil boss Bob Kidd is taking a lawsuit to Scotland’s court of session this week – seeking a huge payout of nearly £350m.
Corporate and commercial lawyer Rod Hutchison has described 2020 as “a year of two halves” in terms of deal-making.
The past year may have been a relatively lean spell for mergers and acquisitions (M&A) in the region but what are the prospects for the market in 2021?
An Aberdeen oil boss has lost his bid for a $210million lawsuit, which alleged a lawyer conspiracy led to a raw deal that saw the collapse of his business and the value of his shares becoming “worthless”.
Our client Humber Oil & Gas’ divestment of its interest in one of the largest UK onshore hydrocarbon discoveries may have been our second oil and gas deal of 2020, but it was the first we conducted wholly remotely, thanks to UK lockdown rules.
Employment lawyers have criticised a lack of clarity in the government’s coronavirus jobs retention scheme, highlighting it is unlikely to prevent “difficult decisions” for the oil and gas sector.
Since the introduction of the job retention scheme on 20 March 2020 we have all had to rely on government guidance as to how the scheme will operate.
Aberdeen and Grampian Chamber of Commerce’s 31st Oil and Gas Survey painted a positive picture for the oil and gas sector.
Employment tribunals are “back in a big way”, one of the Highlands’ leading employment lawyers told a gathering of business people yesterday.
It’s 2035.
An employment expert has insisted the industry is “not at panic stage” despite a series of North Sea industrial disputes.
Much has been made in the press and on social media of Phil Kirk of Chrysaor’s comments at Safety 30 in Aberdeen that “lawyers need to get lost” for proper collaboration and safety advances to happen in the oil and gas industry.
The US’s re-imposition of fuller sanctions on Iran is already having a significant impact on UK entities doing business in the region. Why? And what can businesses do to protect themselves?
Surviving a horror film and thriving in the fast-evolving and — most likely — frenetically-paced decommissioning industry have more in common than meets the eye.
The regulatory framework represents a huge shift for oil companies — and the industry as a whole — in terms of the way it works, as well as its mindset.
The recent shut-in of numerous North Sea fields as a result of the required repairs to the Forties pipeline is the first major UKCS industry-wide force majeure event since Piper Alpha almost 30 years ago.
One of the top oil and gas lawyers working in Aberdeen has rejoined Granite City-based Ledingham Chalmers (LC), taking one of the team at rival firm Womble Bond Dickinson (WBD) with him.
With confidence slowly returning, it seems business on the UK Continental Shelf is in better shape than it’s been for some time.
Total Perspectives, a provider of inspirational leadership seminars and training, is happy to announce the return of Leadercast Live to the north-east.
Companies do not equal value. My nine year old daughter, Emma, comes home and tells me “Mike’s dad owns two companies, how many companies do you own?” Mike has clearly impressed her. Yet, particularly in the current climate, those of us who can tie our own shoes should be a little more circumspect.