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February 22, 2011 |

Record glut of oil refineries selling at 80%discount

Oil companies from Chevron Corp. to BP Plc are selling more refineries than at any time in history even as a rebound in demand for gasoline and diesel pushes profits from running the plants to the highest level since 2007.
8 minute read
Guirlando* v. T.C. Ziraat Bankasi A.S., 09-0478-cv
Publication Date: 2010-04-16
Practice Area: Civil Practice
Industry:
Court: U.S. Court of Appeals, Second Circuit
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number: No CaseNumber

Before: Jacobs, Ch.J., Kearse, C.J., and Gardephe, D.J.** U.S. COURT OF APPEALS SECOND CIRCUIT V. Elizabeth Grayson, New York, New York, for Plaintiff-Appell

February 16, 2010 |

Profits Up, Revenue Down at Shearman & Sterling

Shearman & Sterling reports an increase in profits per equity partner of 4.2 percent to $1.735 million in 2009, while revenue declined 8.6 percent to $801 million. "We're pleased how the year ended up," says senior partner Rohan Weerasinghe. "It was our second-best year in terms of profitability." While merger activity was slow, Shearman's deal lawyers were saved from idleness by the Middle East, Asia, Germany and the auto industry -- or some combination thereof.
2 minute read
September 30, 2002 |

Firm to Be Paid $37M in Unusual 'Success Fees'

A federal judge in New York has ordered the insurers who lost a surety bond litigation to pay attorney fees of almost $37 million, pursuant to an unusual 10 percent "success fee" arrangement between the winning party and its lawyers. "This success fee was wholly reasonable," wrote Judge John G. Koeltl. "[T]he litigation was hard fought and there was no guarantee of success."
3 minute read
November 22, 2010 |

Cleary Set to Launch New Brazil Office

Cleary Gottlieb Steen & Hamilton on Friday announced its intentions to open an office in Sao Paulo, Brazil in 2011, subject to approval of Brazilian authorities. "Brazil is a significant part of our Latin America practice, which began over 50 years ago and includes more than 100 lawyers," Cleary managing partner Mark Walker said in a statement from the firm. The Brazil office will be managed by New York partner Juan Giraldez and Rome partner Francisco Cestero, both of whom will relocate to Sao Paulo.
2 minute read
July 14, 2011 |

Fears Brazilian clout could dominate Peru

The towering statue of Jesus on a cliff overlooking the Pacific looks, at first glance, eerily like Rio de Janeiro's majestic Christ the Redeemer, a famed icon of Brazil on the Atlantic side of the continent. The resemblance is not accidental.
5 minute read
August 17, 2010 |

Colombia enjoys boom in oil, mining industries

6 minute read
December 10, 2010 |

Ecuador may seek OPEC investment after seizing Petrobras license

Ecuador may seek investments in new oil fields from OPEC nations as they meet in Quito this week after seizing licenses from Petroleo Brasileiro SA, Noble Energy Inc. and other companies that declined to alter contracts.
2 minute read
August 17, 2010 |

Colombia enjoys boom in oil, mining industries

Security gains and capitalist-friendly investment rules are spurring an unprecedented mining and oil boom in Colombia, a pro-business outpost on an increasingly leftist continent.
6 minute read
January 02, 2012 |

Strong Showings

These firms win Honorable Mentions for their outstanding results in the most important cases.
9 minute read

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