US President Barack Obama (lejdd.fr Pic) WASHINGTON, DC – The Publish What You Pay US coalition cheered a decision by the US Court of Appeals to dismiss on jurisdictional grounds a lawsuit brought by the oil industry against a landmark oil, gas and mining payment disclosure law. Section 1504 of the Dodd-Frank Act of 2010, the so-called “Cardin-Lugar” provision requires U.S. and foreign oil, gas and mining companies to publish payments to US and foreign governments in annual reports to the SEC.
Appeals Court dismisses oil industry attack on landmark sunshine law
