Perry Mason Moment Halts Moncrief $1.37 Billion Gazprom Suit
(Bloomberg) — The case of the doctored document ended Moncrief Oil International’s $1.37 billion lawsuit Monday over a scrapped joint venture with Russia’s OAO Gazprom.
Moncrief claimed Gazprom backed out of a deal for rights to develop a natural gas field in Siberia, sabotaged the business agreement and stole its trade secrets. But a key piece of evidence the U.S. company relied on was revealed as a fake in the midst of a trial. Click to read more