SINGAPORE (AP) - China Aviation Oil Corp., which last year declared losses of US$550 million (euro422 million) from risky oil trades and sought court protection, has sued the commodities division of one of its creditors, investment bank Goldman Sachs Group Inc.
Singapore-listed China Aviation Oil - China's main jet fuel supplier - said in a statement late Wednesday that it has filed a lawsuit in Singapore's High Court against J. Aron & Company in relation to options contracts.
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