Russian oil giant OAO Lukoil Holdings has mounted a defense against accusations that it looted a U.S. gas station operation that later landed in bankruptcy, denying, among other things, that it put up $25 million to rid itself of the stripped-down remnants of Getty Petroleum Marketing Inc., Dow Jones DBR Small Cap reported today. Landlord Getty Realty Corp. reclaimed the gas stations and is attempting to rebuild the business, but it is also financing the lawsuit against Lukoil in an effort to collect back rent.
