A former co-head of Allen & Overy's global corporate group has been charged in a corruption probe at Brazilian oil colossus Petrobras, while Cleary Gottlieb Steen & Hamilton has been hired by Brazilian mining giant Vale to help with a tragic dam collapse.
December 23, 2015 at 04:40 PM
1 minute read
The original version of this story was published on The American Lawyer
Brazil’s economy is in trouble, in part due to questions surrounding impeachment proceedings against its sitting president and an unfolding corruption scandal.
Last week a bribery probe involving Brazil’s massive state run oil company, Petróleo Brasileiro SA (better known as Petrobras), and Dutch oil production ship leaser SBM Offshore NV netted a former co-leader of Allen & Overy’s global corporate group.
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