
An American court has ruled that Aluminium Bahrain (Alba) could file an amended complaint on a racketeering suit it filed against US Alcoa in 20 days and produce a statement laying out the case in another 30 days.Alba filed a suit against New York-based aluminium producer Alcoa in February 2008 claiming that bribing by Alcoa officials resulted in Alba paying inflated prices for alumina – the raw material used in aluminium.According to a Bloomberg report US District Judge, Donetta Ambrose, then administratively closed the case in the Pittsburgh federal court after the US Justice Department said it was examining if Alcoa paid bribes in Bahrain.Alcoa sought permission last month to file a motion seeking the dismissal of the case. The company claimed that racketeering law "does not apply to the extraterritorial conduct" alleged by Alba.However, Judge Ambrose ruled yesterday in favour of Alba. The case statement will remain under court seal, along with any motion by Alcoa to dismiss the lawsuit, she said.“The court will revisit the issue of unsealing any sealed portion of the record, if necessary, within six months of the date of this order, unless the government provides good cause against such unsealing,” she ruled.Lori Lecker, an Alcoa spokeswoman, said in an e-mail the company is pleased that the judge has granted the company’s request to reopen the case.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor