K&L Gates Secures $820.5 Million for Client Astra Oil Trading NV

After four years of litigation, global law firm K&L Gates LLP obtained for its Netherlands-based client Astra Oil Trading NV a payment of $820.5 million from the North American arm of Brazil’s national oil company, Petrobras Brasiliero S.A. – Petrobras (“Petrobras”). The payment brought to an end a series of disputes arising out of an Astra-Petrobras joint venture involving a Pasadena, Texas, refinery.

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Tags:  K&L Gates LLP | Dallas

K&L Gates Adds to Brussels Office with Food Law Partner

The Brussels office of global law firm K&L Gates LLP welcomes Sebastián Romero Melchor as a partner in its food, drugs, medical devices and cosmetics practice. Romero Melchor joins K&L Gates from Food Law Consultants, a Brussels-based boutique firm focused on European Union food and nutrition law, where he was founder and managing partner.

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Norton Rose Australia Advises Funtastic Limited on Capital Raising

Norton Rose Australia is advising Funtastic Limited (“Funtastic”) on its capital raising of approximately A$24.6 million. The capital raising consists of a A$6.8 million institutional placement and a 1 for 3 non-renounceable pro-rata accelerated entitlement issue to institutional and retail shareholders of approximately A$17.8 million at an issue price of $0.145 per new share.

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Tags:  Norton Rose Fulbright