Alaska Supreme Court Considers Making Hilcorp’s Finances Public ...Middle East

The Alaska Supreme Court this week heard a case brought to it by the city of Valdez, which argues that the financial information of privately held Hilcorp should be made public. The reason for the argument is that Hilcorp bought BP’s assets in Alaska three years ago and all companies that have hitherto operated in the state have been public. The private ownership of Hilcorp and its request to keep its financial details private after the acquisition were a violation of citizens’ fundamental rights, the plaintiffs claimed, as reported…

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