It was a dreary January afternoon, and George Kahale was looking forward to a relaxing deep-tissue massage and some decompression in the steam room at his Manhattan gym. After months of travel to Kazakhstan and round-the-clock negotiations over development of its Kashagan oil field, this Saturday afternoon off was a rare treat for the managing partner of Curtis, Mallet-Prevost, Colt & Mosle.

Alas, it was not to be. As Kahale stepped out of his East Side apartment building, he heard the familiar ring of his BlackBerry. A senior official of Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), an important Curtis Mallet client, was on the line. The company had just received a fax from Exxon Mobil Corp. The Texas-based oil giant had won an order from a London court freezing $12 billion of PDVSA’s assets.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]