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New York Law Journal

Lukoil Pan Americas Sues Investment Firm Over Alleged $18 Million Breach

The plaintiff, a subsidiary of the Russian oil and gas company Lukoil, is represented by Baker McKenzie.
2 minute read

Corporate Counsel

Halliburton CLO Tapped Gusher Last Year

This is the first year Van Beckwith has cracked Halliburton's highest-paid list since joining the oilfield-services company in 2020.
2 minute read

Law.com

North Dakota Court Clarifies Natural Accumulation Rule in Matter of First Impression

"Remote areas are precisely the locations the natural accumulation rule protects because the reasonableness of monitoring remote areas of property, and lack of notice resulting therefrom, demonstrates the rationale for the rule. Where it is unreasonable for an owner or operator to continually monitor an area, such as the remote well site in rural North Dakota, it is unreasonable to expect the owner or operator to promptly clear any naturally accumulating snow or ice, ..." Justice Jerod E. Tufte wrote for the court.
4 minute read

Corporate Counsel

Top Coal Producer Hires General Counsel Who Previously Was Congressman, West Virginia Supreme Court Justice

"Since the dominant share of our mining assets and operations are now centered in and around West Virginia, it gives me a distinct honor to welcome one of West Virginia's most accomplished citizens as our new general counsel," Ramaco Resources CEO Randall Atkins said.
2 minute read

Law.com

Ohio High Court Calls Out Appellate Court for Failing to Follow Its Directions on Remand

"It is axiomatic that an inferior court lacks jurisdiction to depart from a superior court's mandate. In AWMS, we reversed the court of appeals' grant of summary judgment to the state and remanded the case specifically for the purpose of conducting the proper takings analysis. In this regard, we did not leave the court of appeals' task open-ended," the court said. "Rather, we specified that the court of appeals 'must weigh the parties' evidence relating to AWMS's total-takings claim' and 'must weigh the parties' evidence in accordance with this opinion.'"
5 minute read

Corporate Counsel

Gold-Mining Giant Newmont Hires CLO With Deep Global Experience

Peter Wexler most recently was legal chief of Paris-based Schneider Electric, where he oversaw more than 300 professionals in 32 countries.
2 minute read

Texas Lawyer

Patent Challenge Fails at Claims Construction Stage for Oil Field Equipment Vendor

The Sidley Austin team argued the claim for Canatex's patent was not clearly articulated and therefore "indefinite," Sidley Austin attorney Phillip Aurentz said.
4 minute read

The American Lawyer

Ropes, Wachtell and Milbank Guide Nippon Steel's $14B Acquisition of US Steel

The transaction—which is facing some opposition—is expected to close in the second or third quarter of 2024.
2 minute read

Corporate Counsel

Diamond Giant De Beers Appoints GC Amid Executive Shake-Up

Newly appointed GC Tom Johnson has "an unparalleled understanding of the complexities that come with being a 135-year-old company with a global footprint," De Beers Group CEO Al Cook said.
2 minute read

Texas Lawyer

Massive International Dispute Lands in Nueces County Court

"Vale admitted in the Brazilian litigation that it discarded 31 million cubic meters of waste into dumps in the Polygonal. This corresponds to 108.5 million tons of low-grade ore. Vale has admitted that it extracted iron tailings from within Polygonal, sold it to buyers in Texas," the complaint states.
5 minute read

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