Thursday 20 July 2017
Log in

Login to your account

Username
Password *
Remember Me

NOTE! This site uses cookies and similar technologies.

If you not change browser settings, you agree to it.

I understand

PPU advised Saudi oil services company on Colombian dispute

Philippi Prietocarrizosa Ferrero DU & Uría defended Alkhorayef Petroleum Colombia in a lawsuit brought by Blackstone Energy Colombia. 

Alkhorayef Petroleum is a Middle Eastern company that designs and manufactures electrical submersible pumping equipment for the oil and gas sector and Water Business. The compamny is headquartered in Saudi Arabia with global operations, including a subsidiary in Colombia.

Blackstone Energy is an independent energy management firm headquartered in Toronto, Canada. Its Colombian subsidiay sued Alkhorayef for $6 million for alleged unjust contract termination. Blackstone Energy claimed there was a de facto commercial agency between the parties and that Alkhorayef unjustly terminated it so the company should be held liable for the termination and therefore ordered to pay commercial severance and equity indemnification. The court denied all claims of the lawsuit and there was no appeal.

Partner Héctor Hernández led the PPU team acting for Alkhorayef.

Events and Training

photos_evento_generic

Contact Us

Iberian Legal Group SL

Legal Information and Acceptance

Mail Us
info@iberianlegalgroup.com
Phone
T: +34 91 563 3691
F: +34 91 563 3702
Location
Lagasca 138
28006 Madrid, Spain

Features

Learn more about Iberian Lawyer

News
Special Reports
Law firm Profile
Client View
Our events
Premium content
And much more...