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Although attorneys disagree about how much damage was done to their firms' China operations by the failure of CNOOC to purchase Unocal Corp., the scrapped acquisition is providing them with lessons about the delicate balance of law and politics required in big deals with China. It may take months to see what China's next move will be, but getting the big business that many law firms are banking on from China may become trickier than expected.
August 10, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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