Clifford Chance (CC) and Davis Polk & Wardwell have secured lead roles on Royal Dutch Shell’s entry into Brazil’s sugar-based ethanol market in a $12bn (£7.5bn) joint venture with the Brazilian biofuel giant Cosan, writes The AmLaw Daily.
CC partner Anthony Oldfield led the team for Shell, according to sources familiar with the deal. CC has a long relationship with Shell; the firm has advised the company on several deals around the world. The London-based law firm also has had an office in Brazil for more than a decade.
