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Petronas units in Luxembourg seized again in US$15b arbitration dispute

Luxembourg court bailiffs issue second seizure order on two units, related bank accounts.

Petronas units in Luxembourg seized again in $15 billion arbitration dispute

By Rozanna Latiff KUALA LUMPUR (Reuters) - Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas th.

Luxembourg court issues fresh seizure order for Petronas units over US$15b claim by Sulu heirs

Luxembourg court orders Petronas units to be seized again in $20b arbitration dispute

KUALA LUMPUR - Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week. It followed a bid by descendants of a former sultanate to enforce a US$15 billion (S$20 billion) award they had won against Malaysia, according to the heirs’ lawyer and court documents seen by Reuters. The Filipino heirs of the.

Petronas Units in Luxembourg Seized Again in $15B

Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following…

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