UralChem is sued for 3.1 billion rubles
UralChem, seeking to raise as much as $642 million in a London initial public offering, is being sued for 3.1 billion rubles over failing to buy agreed volumes of raw materials.
Amaranth Advisors, the hedge fund that imploded three years ago after losing more than $6.6 billion betting on natural gas, has sued the hedge fund manager Paul Touradji and his firm for at least $350 million for claims including breach of contract, fraud and misappropriation of trade secrets.