ConocoPhillips Stays In-House for Sale of Vietnamese Business
Houston-based energy giant ConocoPhillips is to sell its Vietnamese assets for $1.29 billion to British and French oil company Perenco. ConocoPhillips is relying on in-house counsel for the deal, reports The Am Law Daily.
By Brian BaxterFebruary 17, 2012
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Dagfinn Nygaard, ConocoPhillips’s managing counsel for the Asia-Pacific region, is leading an in-house team working on the matter. Janet Langford Kelly, a former partner at Sidley Austin and Zelle Hofmann Voelbel & Mason, has served as the Houston-based company’s general counsel since 2006.
Representatives for Perenco did not immediately respond to requests for comment on whether the company employed outside legal advisors for the deal.
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