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Nishimura, Hogan Lovells Advise on $3.9 Billion Japanese Oil Deal
Tokyo-based refiner TonenGeneral Sekiyu has announced it will pay $3.9 billion for Exxon Mobil Corp.'s Japanese unit. Nishimura & Asahi, Hogan Lovells, and Nagashima Ohno & Tsunematsu advised on the deal, reports The Am Law Daily.Turning the Corner: The Worst Appears to Be Over for Texas Firms
Taken as a whole, the 25 highest-grossing Texas-based firms' gross revenue was flat in 2010, compared to 2009, when the total gross revenue of the 25 top firms declined by 3.7 percent. Total net income for the 25 firms also was flat in 2010, compared to 2009. Kane Russell Coleman & Logan of Dallas moved onto the top 25 list for the first time.Second Front in Iraq War: Lawsuits
Legal precedents make lawsuits against military contractors tough to win, but that's not stopping lawyers for soldiers and private citizens injured during the Iraq war. At least 15 personal injury, wrongful death and products liability cases have been filed by soldiers or civilian employees against government contractors in federal courts nationwide, with at least one state court claim in North Carolina. Two litigation strategies involve the use of state fraud laws and whistleblower suits.Mitratech Aims TeamConnect at Accountable Collaboration
Mitratech's TeamConnect collaboration suite aims to help legal teams communicate, coordinate work, and share and manage information. John Waters looks into the suite and finds a highly flexible and scalable system worthy of a test drive, but only large organizations with the bucks need apply.Linklaters, Adams and Reese Advise on Latest BP Asset Sale
British oil giant BP has agreed to sell four wells in the Gulf of Mexico to Japanese trading company Marubeni for $650 million to offset the rising costs associated with cleaning up the Gulf of Mexico region. BP was advised on the Marubeni deal by Linklaters. Craig Townsend, an oil and gas partner at New Orleans-based Adams and Reese, served as lead outside legal adviser for Marubeni. Jerome Barnett, vice president and senior counsel of Marubeni America, is the Tokyo-based company's top U.S. in-house lawyer.Trending Stories
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