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Trio of Firms Grab Lead Roles Ahead of Major Russian Oil Shakeup
Cleary, Skadden, and Magic Circle firm Linklaters are advising various parties on a proposed $28 billion cash-and-stock deal that could see Russian government–backed Rosneft take control of the TNK–BP oil joint venture between British oil giant BP and four Russian oligarchs. The existence over the past decade of TNK–BP,founded in 2003, has been rife with international intrigue.Cite as: US v. Israel Weingarten, 09-2043-cr, NYLJ 1202478457243, at *1 (2d Cir., Decided January 18, 2011)Before: Cabranes, Wesley, and Livingston, C.JJ.p
Determining Document Control in Third-Party Legal Holds Is Complex
Paul Weiss partners H. Christopher Boehning and Daniel J. Toal write that document control is easy to establish when a party to the litigation has possession or custody; when third parties possess documents that may be relevant to an action, however, determining "control" can be more complicated.Topical Index to Federal Case Digests
Federal case headnotes.Deal Watch: PoGo helps carpet maker add hardwood to repertoire
Powell Goldstein partner Louis C. Spelios was lead counsel to the world's largest carpet maker, Shaw Industries Group Inc., on its agreement to purchase a South Carolina maker of hardwood floors.Shaw Industries last month said it will acquire the Anderson Family of Companies, which makes hardwood floors under the brand names Appalachian, Virginia Vintage and Biltmore Estate.Cite as: Redlich v. Ochs, 1:10-cv-570, NYLJ 1202484149202, at *1 (NDNY, Decided February 24, 2011)Mark S. Ochs, in his official capacity as Chief Attorney for the Committee on
BP's spill costs look manageable 8 months later
The Global Lawyer: The Perils of State Human Rights Litigation
Next in BP spill saga: civil trial worth billions
Now that a $4 billion plea deal has resolved BP's criminal liability for the massive Gulf of Mexico oil spill nearly three years ago, the company will turn its focus to a trial that could potentially cost it billions of dollars more in civil penalties.How to choose between a record $2 billion ICSID award and a $2 billion ICC award that's also in record terrain? We've decided to throw up our hands and pronounce a tie for the 2012 Global Lawyer of the Year. We're honoring Debevoise & Plimpton's David W. Rivkin for his ICSID win in Occidental v. Ecuador, and Shearman & Sterling's Henry Weisburg, for prevailing in The Dow Chemical Company's ICC feud with Kuwait.
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