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EIG Energy Fund XIV, L.P. et al v. Keppel Offshore & Marine LTD.,
Case Number:
1:18-cv-01047
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Judge:
Firms
Companies
Sectors & Industries:
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May 11, 2020
EIG's $663M RICO Claim In Brazil Bribery Case Tossed
A New York federal judge has thrown out a racketeering claim brought by funds managed by EIG Global Energy Partners that sought $663 million from Keppel Offshore & Marine Ltd. over its alleged role in a Brazilian bribery scheme, although an aiding and abetting fraud claim will move forward.
-
February 08, 2018
EIG Hits Keppel With $660M RICO Suit Over Brazil Bribery
Funds managed by EIG Global Energy Partners have launched a $660 million racketeering suit in New York federal court against Keppel Offshore & Marine Ltd. over its role in a Brazilian bribery scheme connected to a failed drill ship venture, for which Keppel recently reached a $422 million criminal settlement with U.S. prosecutors.