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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]
12 Feb 2019, 1:49 pm by Kevin LaCroix
The Petrobras settlement is the largest securities class action settlement involving a non-U.S. company. [read post]
8 Dec 2015, 4:29 pm by Kevin LaCroix
While the Vale lawsuit itself has nothing to do directly with the Petrobras scandal, there is the connection between Vale’s CEO and Petrobras noted above. [read post]
5 Jul 2012, 8:14 am
Contents include:Special Issue: Latin AmericaLuciana Palmeira Braga & Thiago Neves Campos, A comparative study of bidding models adopted by Brazil, Peru, Colombia and Uruguay for granting petroleum exploration and production rights Guilherme de Biasi Cordeiro, Helder Queiroz Pinto, Jr, & José Cesário Cecchi, Evaluating the natural gas legal framework in Brazil: regulatory reform developments and incompleteness Claudia Zacour, Tatiana Zuma Pereira, Angela Lima Rocha… [read post]
15 Mar 2016, 5:05 am by Karel Frielink
This massive settlement undoubtedly will boost current initiatives by the shareholders of other companies – such as VW, Tesco, and Petrobras – to use the Dutch collective settlement procedures to secure collective investor relief. [read post]
8 Jun 2011, 7:53 am by Glenn Reynolds
The administration has shut down much offshore drilling in the Gulf of Mexico (even though Obama cheered Petrobras’ drilling off the shore of Brazil) and has been denying permits for oil drilling in Alaska that is needed to keep the pipeline pumping. [read post]
27 Aug 2009, 2:31 pm
Unfortunately, the Obama Administration is financing oil exploration off Brazil.The U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras [which is short for Petroleo Brasileiro], to finance exploration of the huge offshore discovery in Brazil's Tupi oil field in the Santos Basin near Rio de Janeiro. [read post]
1 Mar 2018, 4:06 pm by Kevin LaCroix
As noted here, on March 1, 2018, the Court preliminarily approved the Petrobras settlement. [read post]
20 Jul 2021, 2:54 pm by Kevin LaCroix
Petrobras was pending in federal court in New York and the largest NY settlement is the $6.194 billion WorldCom settlement. [read post]
22 Aug 2015, 1:24 pm by Ashley Hogan
[JURIST] Brazil's attorney general on Thursday charged two top political figures with corruption. [read post]
18 Sep 2019, 11:05 am
Simultaneously, the firm advised on $10 billion in liability management transactions for state oil firm Mexico's Petro leos Mexicanos (Pemex). [read post]
24 Sep 2010, 1:30 pm by Julie Triedman
In its first day on the market, Petroleo Brasiliero SA, Brazil's state-owned oil company, successfully raised $67 billion in its public offering. [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]
1 Feb 2019, 12:44 pm
Autorité des marchés financiers Filipe Antunes Madeira da Silva, Fabio Costa Morosini & Michelle Sanchez Badin, Mestizo International Law: Petrobras saga Paul Schiff Berman & Jennifer Daskal, Legal challenges of data dominance: Yahoo! [read post]
12 Nov 2008, 4:10 pm
. - PETROBRAS - was incorporated to "undertake oil activities in Brazil on behalf of the Union. [read post]
21 Oct 2020, 2:38 pm by Thalia Kruger
Notorious examples of past and pending collective redress cases include the Shell Nigeria (environmental claims), Libor (market manipulation claims), Petrobras (investor claims) and the “truck cartel” (competition claims) cases. [read post]
16 Apr 2010, 6:48 am
Governo envia ao Congresso texto da LDO, que dificulta a paralisação de obras irregularesDe Cristiane Jungblut:Depois do embate com o Tribunal de Contas da União (TCU) sobre a suspensão de contratos de quatro obras da Petrobras, na votação do Orçamento da União de 2010, o governo decidiu mudar as regras, para dificultar a paralisação de projetos com irregularidades.Pela proposta, "a paralisação de… [read post]
24 May 2019, 12:45 pm by Malecki Law Team
Out of the total owed fines, $1.7 billion comes from a settlement with an international oil company, Petrobras and the SEC is permitting this owed money to go to Brazilian authorities instead. [read post]