Article: House of Lords Reject Appeal in $52m Oilfield Concession Dispute.

M2 PRESSWIRE-9 November 2007-Consolidated Contractors Company: House of Lords Reject Appeal in $52m Oilfield Concession Dispute(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:08112007

London, UK - an appeal by oilfield and engineering giant Consolidated Contractors Oil & Gas Limited (CC (Oil & Gas)) and Consolidated Contractors International Company SAL (CCIC), subsidiaries of Consolidated Contractors Company (CCC) which operates out of Athens and London, founded by the Middle Eastern tycoons Said Khoury and Hasib Sabbagh, was rejected today by the House of Lords in a long running dispute over a Yemeni oilfield concession.

Today's ruling paves the way ...

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