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'Essex Boys' Legal Woes Enter U.K. After Negative Oil Trades.

Authors :
Chellel, Kit
Source :
Bloomberg.com; 5/4/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

(Bloomberg) -- A group of British oil traders who made $700 million in a few hours failed to prevent regulators from obtaining their records, as the legal fallout from their actions when oil markets collapsed below zero in April 2020 spilled into a London court. "Essex Boys" Legal Woes Enter U.K. After Negative Oil Trades Evan Flowers, an attorney for the Vega traders, said they would no longer resist handing over the material to regulators following Judge Foster's decision. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
156675129