As Chinese President Xi Jinping promises the nation’s biggest market opening in two decades, the reality for some of the most successful foreign companies in the country is a raft of probes and laws that curb their operations.
The trustee for Lehman Brothers Holdings Inc. ’s brokerage charged $12,600 to review documents outlining terms of its purchase by Barclays Plc , and now says he didn’t know what he was signing, according to a Barclays lawyer.
APCO Worldwide, the public relations firm that advised Hewlett-Packard Co. ’s board after accusations of harassment against its chief executive officer, has handled crises from Merck & Co. ’s Vioxx scandal to WorldCom Inc.’s fraud and now is helping Wall Street earn back America’s trust.
EIG Global Energy Partners LLC, the asset manager spun out from TCW Group Inc. in January 2011, plans to seek $4.25 billion for its next energy fund, according to two people with knowledge of the matter.
EIG Global Energy Partners LLC, the asset manager spun off from TCW Group Inc. in January 2011, set a limit of $6 billion on its latest energy offering that would make it one of the biggest private-equity funds focused on the industry, two people with knowledge of the matter said.