Representative Cases

G&E, along with three other U.S. and international law firms, represents more than 100 institutional investors alleging claims under Brazilian law in a case against Petróleo Brasileiro S.A. (“Petrobras”), a Brazilian oil and gas company and the largest corporation in Brazil in terms of revenue. Petrobras is involved in a major corruption and kickback scandal, which resulted in its common and preferred securities losing more than 60% of their value once the scandal became public. The case is proceeding in an arbitration in front of and under the rules of the Market Chamber of the Brazilian Stock Exchange.