Power struggles – the challenges facing counsel in the $5trn oil and gas industry

Legal Business talks to lawyers on the frontline of the controversial and risky oil and gas business to explore the industry trends and challenges in-house legal teams face 2010 was arguably a turning point in the $5trn global energy market. That was the year that Brazilian oil giant Petrobras undertook a record-shattering $70bn equity offering …

Deal Watch: Slaughters advises on £3.6bn ICI pension annuity buy-in and £390m Ignis buyout; Travers leads on $3.1bn Nets sale

Standout corporate mandates over the past few days have included a high profile run by Slaughter and May on deals including a £3.6bn bulk annuity buy-in over the ICI Pension Fund and Standard Life’s £390m acquisition of Ignis Asset Management, as Travers Smith and Kirkland & Ellis led on the $3.1bn acquisition of Nordic card-payment business Nets Holding.

Revolving Doors: Brodies hires Transocean former GC as Squire Sanders and Bird & Bird make key hires

The past week was one for lateral hires outside the City, as Brodies boosted its oil and gas practice with the hire of former Transocean general counsel for Africa and the Mediterranean, Tom Hickey; Squire Sanders beefed up its construction team in Manchester with former head of construction and engineering and corporate services at Pannone, Sean McCay; …