Russian developer RTM files for bankruptcy - court
Russian developer RTM, which is struggling to restructure debts, has filed for bankruptcy in the Moscow Arbitration Court, the court said on Wednesday.
A Russian court Thursday dismissed a $3 billion damages ruling against BP PLC and closed the case, a court official said, ending months of legal strife for the UK company as it finalizes a deal to sell out of its joint venture in the country and take a stake in oil giant OAO Rosneft.