Chapter 870: 297, Lawyer Super Group_3
Many Democrats have proposed revoking the contracting rights to the three major oil fields, which also include the mining rights of the small oil wells around the three major fields belonging to Donnie’s Pandora Oil Company!
Such attacks caused the stock price of Sinclair Oil Corporation to start declining.
Seeing his interests being infringed upon, Donnie decided to start fighting back.
Pandora Oil and Sinclair Oil imdiately announced that they had hired professional legal teams, including so of the most renowned lawyers in the United States. In the announcent, both oil companies claid that the Teapot Do oil field contract was completed during the era of Harry Sinclair, and all responsibilities were his personally, while the newly-ford Sinclair Oil Corporation operated completely in accordance with contracts with the White House and the Navy, and had compensated for the losses of the White House and the Navy in this process. Moreover, consistent with the original contract requirents, they had established a second new oil transportation pipeline for the United States.
Finally, Pandora Oil’s mining rights around the three major oil fields were independently contracted with the Big Four companies, which had no direct association with the White House or the Navy!
Therefore, all current attacks against Pandora Oil and Sinclair Oil are baseless fabrications, and if anyone continues to slander Pandora Oil and Sinclair Oil, their professional legal teams will send a letter of intent to sue and initiate formal litigation!
Once this statent was released, it was like pouring a bucket of cold water on an already bubbling oil pot, making the situation even more turbulent.
So quick-witted individuals soon discovered the hidden implications in the statent, that Sinclair Oil seed not to deny having obtained the Teapot Do oil field mining rights through illegal ans originally, but they had shifted all bla to Harry Sinclair, who had left Sinclair Oil Corporation.
But this was not the most important aspect; what shocked everyone was the boldness of the two companies, who had actually assembled the most luxurious legal team in Arica!
So calculations showed that bringing these people together would cost the two oil companies at least $500,000 US Dollars.
And that was just to assemble them; if they really go to court later on, the amount of money would definitely double.
As to how many tis it would double, that would depend on how long the lawsuit drags on!
However, it cannot be denied that this could deter so people, as, after all, facing the lawsuits of the two companies would also require an equally elite legal team and massive financial support.
Would they be willing to spend so much money on this matter?
As it turned out, indeed, so people were not deterred.
Following the announcents of the two companies, so newspapers and dia continued reporting on the matter, including the influential “The New York Tis” in the United States!
On the second day after the announcents from Pandora Oil Company and Sinclair Oil Corporation, “The New York Tis” published a rebuttal article.
In the article, “The New York Tis” described Pandora Oil Company and Sinclair Oil Corporation as arrogant and rude companies. They argued that since the mining rights were contracted by Sinclair Oil Corporation with the Ministry of Interior, Sinclair Oil Corporation should bear the consequences and not push all responsibility onto Harry Sinclair.
At the sa ti, “The New York Tis” believed that although the contract with Pandora Oil Company was signed with the Big Four Oil Companies, the contract that the Big Four companies signed with the Ministry of Interior was illegal to begin with, so the contract signed by Pandora Oil Company should also be considered illegal!
In theory, the comntary of “The New York Tis” was not wrong!
But this world is not about right or wrong!
Upon seeing such comntary, Donnie imdiately had the legal team initiate a lawsuit against “The New York Tis.”
Subsequently, “Atlantic City Post” published the declarations of Pandora Oil Company and Sinclair Oil Corporation!
“Are these two companies crazy? Such litigation is bound to fail!”
So exclaid after seeing the declarations from Pandora Oil and Sinclair Oil.
“Who told you it is guaranteed to lose, do you understand the law or do the legal teams of these two companies understand the law better? As long as they want to, they can definitely find a point in these reports that allows them to win the case!”
Others countered back.
“Although I don’t understand the law, I also know this situation will be very difficult for those two companies to win!”
“Difficulty does not an there is no hope. Now all the pressure has returned to ‘The New York Tis,’ they have to respond to the lawsuit now. Didn’t you see the huge compensation these two companies are demanding? It’s enough to bankrupt ‘The New York Tis’!”
“That’s true, but even if ‘The New York Tis’ does respond, they need to have the capacity to match the opposing legal superstars, which is also a huge expenditure!”
“I just don’t understand, didn’t Pandora Oil and Sinclair Oil just sign the Baku Oil Field mining rights with the Soviet Union? How do they still have so much cash to do this?”
“Heh, they may not have the money, but Donnie does!”
Such discussions spread in many corners, and everyone marveled at the investnt of Pandora Oil and Sinclair Oil in this matter.
But it also made so dia and individuals who still harbored certain ideas start to quietly shift their target within their attack range, taking down Sinclair Oil and Pandora Oil, and begin to focus on attacking the other three oil companies.
Yep, untouchable!
“The New York Tis” also did not expect Donnie’s response to be so strong, but now as the pride of the dia, they had no choice but to choose to respond to the lawsuit!
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