An energy client wanted to understand potential risks inherent in a proposed joint venture with an overseas oil and gas company with a history of financial problems, including a number of significant penalties levied by the local oil and gas regulatory authority. The report demonstrated how the company’s new management team had improved the company’s operational capabilities significantly though there remained significant questions around the new owner’s political ties and how those had been leveraged in connection certain preferential pricing agreements.
Iranian agents charged in kidnapping plot hired local private investigator
What happened: On July 13, 2021, the Justice Department announced the indictment of four Iranian nationals for kidnapping conspiracy and other charges stemming...