Warning: Declaration of AVH_Walker_Category_Checklist::walk($elements, $max_depth) should be compatible with Walker::walk($elements, $max_depth, ...$args) in /home/seonews/public_html/wp-content/plugins/extended-categories-widget/4.2/class/avh-ec.widgets.php on line 62
{"id":11569,"date":"2013-07-24T11:46:30","date_gmt":"2013-07-24T11:46:30","guid":{"rendered":"http:\/\/www.seonewswire.net\/2013\/07\/lawsuit-filed-against-atp-oil-gas-executives-over-royalty-interests\/"},"modified":"2013-07-24T11:46:30","modified_gmt":"2013-07-24T11:46:30","slug":"lawsuit-filed-against-atp-oil-gas-executives-over-royalty-interests","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2013\/07\/lawsuit-filed-against-atp-oil-gas-executives-over-royalty-interests\/","title":{"rendered":"Lawsuit Filed Against ATP Oil & Gas Executives Over Royalty Interests"},"content":{"rendered":"

Executives of the now-defunct ATP Oil & Gas Corp. have been sued by Macquarie Investments LLC, based in Sydney, Australia. According to the lawsuit, ATP executives misrepresented royalty interests in a $110 million sale. The lawsuit, filed in U.S. District Court for the Southern District of Texas, claims that the sale of royalty interests was a \u201cdisguised\u201d loan.<\/p>\n

Macquarie claims to have been injured by intentional misrepresentation and fraudulent inducement on the part of ATP management. The lawsuit alleges that ATP executives conspired with the company’s law firms to misrepresent the royalty interests, producing false and misleading legal opinions regarding the nature of the sale. According to the complaint, when ATP later filed for bankruptcy, the management team caused ATP to take the position that the sale was a disguised loan. ATP is now bankrupt and was auctioned off to lenders in May.<\/p>\n

Macquarie has demanded a jury trial and is seeking $32 (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Executives of the now-defunct ATP Oil & Gas Corp. have been sued by Macquarie Investments LLC, based in Sydney, Australia. According to the lawsuit, ATP executives misrepresented royalty interests in a $110 million sale. The lawsuit, filed in U.S. District…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"1","sticky":false,"template":"","format":"standard","meta":[],"categories":[298,280,283],"tags":[1526,1527,788,904,748,1365],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts\/11569"}],"collection":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/comments?post=11569"}],"version-history":[{"count":0,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts\/11569\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/media?parent=11569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/categories?post=11569"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/tags?post=11569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Deprecated: Directive 'allow_url_include' is deprecated in Unknown on line 0