Type of Engagement

Independent director appointment

Situation

One of the largest oil and gas groups in the world operating out of Brazil embroiled in Petrobras alleged bribery and corruption scandal.

Key Facts

Investment bank owed approximately US$360million required control and protection of their investment.

Outcome

Initially appointed as corporate director over BVI registered entities and later appointed as manager of certain Delaware-based, connected companies. This allowed the bank to hold control before placing itself in a position to sell its investment.

Featured Service

Advisory