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Therefore, with the recent advances and investments in the green technology sector, together with the incentives that the Brazilian government has announced, it is expected that the number of patent applications for this type of technology will increase significantly over the next few years. [1] Available at https://www.kedglobal.com/automobiles/newsView/ked202403040010#:~:text=This%20represents%20half%20of%20the,trademarks%2C%20totaled%20more%20than%209%2C200. [2] Available at… [read post]
1 Jan 2024, 2:03 pm by Will Newman
My clients include many large, multinational companies, such as Nestle, Unilever, Petrobras, AstraZeneca, Electrolux, and companies in the healthcare industry.Besides Microsoft Office, what software do you use in your practice? [read post]
12 Oct 2023, 9:16 am by Kevin LaCroix
The Petrobras settlement was one of the largest U.S. securities class action lawsuit settlements of all time. [read post]
The protesters’ main concern is Petrobras’ lack of a license for running the oil-drilling project in the Amazon basin. [read post]
3 Aug 2023, 2:17 pm by Kevin LaCroix
The corruption investigation was also the subject of a U.S. securities class action lawsuit filed on behalf of Petrobras investors who bought Petrobras securities in the U.S. [read post]
18 May 2023, 8:01 am by John Elwood
ShareThe Relist Watch column examines cert petitions that the Supreme Court has “relisted” for its upcoming conference. [read post]
2 Feb 2023, 8:46 am by Geoff Schweller
According to the SEC, “in 2010, Honeywell offered at least $4 million in bribes to a high-ranking Brazilian government official in connection with the bidding process at [Brazilian state-owned entity] Petrobras,” and “in 2011, employees and agents of Honeywell’s Belgian subsidiary paid more than $75,000 in bribes to an Algerian government official to obtain and retain business with the Algerian state-owned entity Sonatrach. [read post]
13 Jan 2023, 2:54 pm by anne
American corporate conglomerate Honeywell paid $160 million in December 2022 to settle charges that it bribed officials of Brazil’s state-owned oil company, Petrobras, in order to secure a $425 million refinery contract. [read post]
19 Dec 2022, 1:38 pm by jeffreynewmanadmin
Specifically, Honeywell UOP offered the bribe to secure improper advantages in order to obtain and retain business from Petrobras in connection with Honeywell UOP’s efforts to win an approximately $425 million contract from Petrobras to design and build an oil refinery called Premium. [read post]
8 Dec 2022, 7:08 am by Kevin LaCroix
A few of the high-profile cases from the last five years include: Petrobras – $3 billion settlement in July 2018 Cobalt International Energy – $389.6 million settlement in February 2019 WalMart – $160 million settlement in April 2019 Airbus – $5 million settlement in September 2022 Fiat Chrysler – $5 million settlement in February 2022 FirstEnergy – an active case currently litigating in the Southern District of Ohio   The $95 million payout covers… [read post]
3 Jun 2022, 6:59 am by jeffreynewmanadmin
Specifically, the Order finds that between 2008 and 2013, approximately $10.4 million in bribes was paid to a Brazilian government official in connection with the bidding process at Petrobras. [read post]
14 May 2022, 4:56 pm by Peter S. Lubin and Patrick Austermuehle
First, Petrobras filed a lawsuit against Astra and several of its employees, asserting that they breached fiduciary duties owed to Petrobras by offering bribes to certain Petrobras officials and failing to disclose the offers during the parties’ settlement negotiations. [read post]