Shell lawyers are panicking about the prospect of being compelled to hand over secret information to a US court hearing a case about alleged manipulation of the crude oil futures market. Shell mentions the protection of trade secrets. In my experience, that is probably trade secrets Shell has stolen from someone else, inevitably a smaller company, or an individual who made the mistake of trusting Shell and its sham business principles.Â
By John Donovan
A Shell insider source has brought to my attention certain current litigation in the USA in which Shell Oil Company has involvement as one of a number of third parties.
Shell lawyers are panicking about the prospect of being compelled to hand over secret information to a US court hearing a case about alleged manipulation of the crude oil futures market.
For obvious reasons, the timing is rather unfortunate for Shell.
The case is:
U.S. COMMODITY FUTURES TRADING COMMISSION, Plaintiff,