BP's billionaire partners in TNK-BP will boycott a shareholder meeting of the Russian oil venture tomorrow as a dispute between the owners intensifies.

Any decisions made at the meeting will be challenged in court, except for dividend payments for minority shareholders, AAR Chief Executive Officer Stan Polovets said today in an interview on Bloomberg Television.

BP owns 50 percent of TNK-BP Ltd., with the other half split between companies controlled by billionaires Mikhail Fridman, German Khan, Viktor Vekselberg and Len Blavatnik, together known as AAR. ... Read full article