The plaintiff also told the court that Midwestern Oil and Mart Resources Inc. transferred all their shareholdings, four million shares each, to Martwestern Energy to Midwestern Leon Energy (Sale Shares), adding that Midwestern Leon did not execute the Deed of Accession as required by Clause 13 of the shareholdersâ€™ agreement. Nigeria ’s Sun Oil has sought a restraining order from the Federal High Court against the Leon Energy and a further six respondents , while a dispute over the ownership of Martwestern Energy is ongoing . In the motion , Suntrust asked for the respondents to be prevented from claiming shareholder rights or presenting themselves as shareholders until a suit to claim ownership is brought .
Nigeria ’s Sun Oil has sought a restraining order from the Federal High Court against the Leon Energy and a further six respondents , while a dispute over the ownership of Martwestern Energy is ongoing . In the motion , Suntrust asked for the respondents to be prevented from claiming shareholder rights or presenting themselves as shareholders until a suit to claim ownership is brought .