Corporate Governance

Dr. Ray Irani & the Emperor CEOs: Where Are They Now? [Gaille Energy Blog Issue 58]

I was a young lawyer at Vinson & Elkins when one of its partners recommended me for a job in Oxy’s new Dubai office.  My first interview was with Oxy’s General Counsel, Donald de Brier.  When I was escorted into... Continue Reading →

Beware of Trickster Lawyers [Gaille Energy Blog Issue 50]

Fans of Breaking Bad and Better Call Saul are familiar with the character of Saul Goodman (aka Jimmy McGill): Jimmy is a good example of . . . a “trickster lawyer.”  The idea is that many talented lawyers resemble the... Continue Reading →

What Is an Outside General Counsel? [Gaille Energy Blog Issue 47]

Outside general counsel are outside attorneys (who work for law firms) but take on responsibilities similar to those of in-house lawyers (who are the client’s employees).  Some may have served as the chief legal officers of NASDAQ or NYSE corporations... Continue Reading →

Dynamic Profit Sharing for Startup LLCs [Gaille Energy Blog Issue 45]

Energy ventures often begin with the formation of a limited liability company (LLC).  A handful of founders agree to contribute their skills and relationships toward a common purpose—the success of the LLC.  Just like new parents, the founders are giddy... Continue Reading →

Enron 15 Years Later: Where Are They Now? [Gaille Energy Blog Issue 19]

“I've never commented much about my experience at Enron except to say, when I was there, it was a much more pipeline and asset-oriented company.” – Rich Kinder, former President of Enron and founder of Kinder Morgan Mr. Kinder is... Continue Reading →

Former Allen & Overy Partner Charged in Petrobras Corruption Case [Gaille Energy Blog Issue 12]

In a surprising move, the Brazilian Public Prosecutor’s Office has levied corruption charges against the former chief compliance officer (the “CCO”) of SBM Offshore – who joined SBM from Allen & Overy, where he co-chaired the firm’s corporate practice group.... Continue Reading →

Use of Independent Voting to Estimate Project Uncertainty [Gaille Energy Blog Issue 7]

The modeling of uncertainty is fundamental to board approvals of energy investments. Technical teams analyze data, seeking to estimate (i) the likelihood of hydrocarbon accumulation (or chance of success) and (ii) how much oil and gas will be produced over... Continue Reading →

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