TransCanada Keystone XL rejection lawsuit dropped - arbitrator

Image
Reuters CALGARY, Alberta
Last Updated : Mar 24 2017 | 8:58 PM IST

CALGARY, Alberta (Reuters) - Transcanada Corp's legal challenge against the United States over its past rejection of Keystone XL pipeline has been dropped, the website for the arbitration court showed on Friday, minutes after President Donald Trump formally green-lit the project.

The International Centre for Settlement of Investment Disputes said its secretary-general has issued a "procedural order taking note of the discontinuance" of the lawsuit under the North American Free Trade Agreement.

(Reporting by Ethan Lou in Calgary, Alberta; Editing by Jeffrey Benkoe)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 24 2017 | 8:53 PM IST

Next Story