Dewey heads Redbell’s acquisition

Dewey & LeBoeuf has won a lead role advising Russian company Redbell on its purchase of oil ­company Timan Oil & Gas.

Dewey assembled a London and Moscow-based team led by global head of banking and finance Bruce Johnston to advise Redbell on the deal.

The acquisition comes after Redbell enforced security over shares held by the chief executive of Timan Alexander Kapalin. Dewey’s team advised Redbell on the enforcement and dealt with a range of disclosure and ­litigation issues relating to the acquisition.

“This case covered a lot of different practice areas because of its complexity,” said Johnston. “Takeover by means of enforcing security on the company that funds it is somewhat unusual and exceptional. This made the deal quite complex.”

As part of the deal Dewey had to draft in partners from its banking and finance, ­litigation and corporate practice groups.

In total the firm ­assembled a seven-strong team across the two offices to advise on the deal.