EIG Energy Fund XIV, L.P., et al v. Petroleo Brasileiro, S.A., et al
Case Number:
22-7118
Court:
Nature of Suit:
Companies
Sectors & Industries:
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October 17, 2023
DC Circ. Unsure About Wading Into Petrobras Bribery Case
The D.C. Circuit was having a hard time Tuesday morning wrapping its mind around why it should undo a summary judgment ruling against Petrobras, which was found liable for inducing U.S. investors to put money into an oil drilling venture that was actually a bribery scheme.
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March 08, 2023
Petrobras Tells DC Circ. FSIA Bars Investor Fraud Suit
Petrobras is urging the D.C. Circuit to overturn a ruling that it deceived investors into financing a company formed for an oil drilling venture that collapsed after it was found to be part of a bribery scheme, arguing that the company should be immune under the Foreign Sovereign Immunities Act.