• Employment & Labour - Brazil

  Labour Ministry issues rules on health and safety conditions for offshore workers

  The Labour Ministry recently issued Annex II of Rule 30, introducing specific provisions for activities carried out on oil rigs. Annex II establishes minimum requirements for health and safety conditions for offshore workers and upholds the right of offshore workers to be informed about existing risks in the workplace that may endanger their health or safety.

• Litigation - United Arab Emirates

  Non-payment of a single commercial debt can be a basis for bankruptcy declaration

  In an unequivocal decision reinforcing the legal grounds for declaration of bankruptcy, the Dubai Supreme Court ruled that a trader's suspension of payment of a single commercial debt is sufficient to declare its bankruptcy, provided that the non-payment indicates the instability of the trader's financial position and the fragility of its creditworthiness.

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• $7 billion disposal

  BP plc CMS Cameron McKenna LLP - Penelope Warne, Eleanor Layton, Stephen Millar; Sullivan & Cromwell LLP - James C Morphy, John Evangelakos, Christine Spillane
  Apache Corporation Slaughter and May - Charles Randell, Philippe Chappatte; Bracewell & Giuliani LLP - Patrick Oxford; Osler Hoskin & Harcourt LLP - Janice Buckingham, RJ Jack Thrasher, Stanley R Ebel, Peter Glossop
  Bank of America Merrill Lynch Davis Polk & Wardwell - Leonard Kreynin, Phillip R Mills
  Citigroup Global Markets Inc Davis Polk & Wardwell - Louis L Goldberg

• $3.5 billion acquisition

  General Motors Corporation Andrews Kurth LLP - Mark S Solomon, Melinda Brunger, Jeff Dodd, Quentin Faust, Christopher Fenelon, Mark Harris, Thomas Popplewell, Lance Schuler, Sharon Ward
  AmeriCredit Corpoation Hunton & Williams LLP - Gregory J Schmitt, Douglas M Berman, Steven Leshin, Scott Austin, Jeffry Blair, Alan Amarcuis@hunton.com
  Leucadia National Corporation Weil Gotshal & Manges LLP - Andrea Bernstein
  The Special Committee of the Board of AmeriCredit Akin Gump Strauss Hauer & Feld LLP - Robert Dockery
  Morgan Stanley
  JP Morgan Securities Inc

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