Manatt’s China Energy Gambit
The credit crunch and tax-break uncertainty were pulling San Francisco lawyer Charles Ferguson’s energy practice into a lull. Three deals in the billion-dollar range stalled in the past year, thanks to the souring U.S. business environment. So he and his firm turned to China. With its booming economy and growing investment in renewable and alternative energies — which account for about 75 percent of Ferguson’s practice at Manatt, Phelps & Phillips — China looked like a source of potential new business.
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