How They Won It: McDermott Scores $230M From Getty

Law360, New York (September 21, 2011, 7:30 PM EDT) -- When Bionol Clearfield LLC enlisted McDermott Will & Emery LLP to help fend off arbitration claims related to an ethanol purchase agreement with Getty Petroleum Marketing Inc., the firm faced the prospect of defending a startup staring down bankruptcy against essentially its only customer — a company owned by a Russian oil powerhouse with time and money to burn.

That Bionol ultimately walked away with a $230 million award validated the philosophy McDermott had followed from that point forward: making strategic compromises early can pay big...
To view the full article, register now.