2007-07-06 06:24:17
Supreme Court Will Decide Long-Running Oil Company Case
After a 13-year long battle the former partners of a petroleum company in Grand Bahama are to finally have their case heard in the Supreme Court. The plaintiffs have finally been granted a Case Management Conference, which is a preliminary step that paves 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 Gulf Union Bank, The Grand Bahama Port Authority, Freeport Oil Company Limited, Fabian Investments Ltd., Citibank, Paul Major, F.I.R.M. Limited, Ianthe Limited, Maurice Glinton, Richard Rawle-Maynard and Felix Stubbs.
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