Skadden has won victory for a group of TNK-BP shareholders by obtaining an injunction to halt BP's alliance with Russian oil giant Rosneft. The US firm's litigation and arbitration head David Kavanagh and disputes associate Adam Baradon advised the Alfa-Access-Renova (AAR) consortium, which owns 50% of joint venture TNK-BP, on its efforts to block the planned Rosneft partnership. The AAR group, a longstanding client of Skadden, represents the interests of a group of Russian oligarchs.
February 02, 2011 at 07:51 AM
1 minute read
The original version of this story was published on Legalweek
Skadden has won victory for a group of TNK-BP shareholders by obtaining an injunction to halt BP’s alliance with Russian oil giant Rosneft.
The US firm’s litigation and arbitration head David Kavanagh and disputes associates Adam Baradon and David Edwards advised the Alfa-Access-Renova (AAR) consortium, which owns 50% of joint venture TNK-BP, on its efforts to block the planned Rosneft partnership.
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