Dollar for dollar, there was really no victory that compares. David Kavanagh of Skadden, Arps, Slate, Meagher & Flom not only stopped a proposed $16 billion share swap between BP and the Russian state oil company Rosneft in its tracks-in effect, he also redirected from BP to Exxon (and from the United Kingdom to the United States) the exploitation of petrocarbon reserves in the Russian Arctic that Vladimir Putin says may drive a half-a-trillion dollars in investment.
Equally impressive from a lawyer’s point of view, he did it fast. “We managed to bring on in a few weeks, from standing start to award, a case that would normally have taken a year,” said Kavanagh.
This content has been archived.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 Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
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]
