Peter O'Driscoll heads Orrick's Emerging Markets Group. He has extensive experience in cross-border M&A, private equity, corporate conflicts, impact investment, and growth capital transactions in emerging markets, Europe and the United States.

In addition, he advises on corporate governance matters and has led internal investigations. Although he has worked across a number of industry sectors, much of Peter's work has been focused on transactions in the TMT, oil and gas, and mining sectors.

Peter practiced in New York from 1987 to 1991, in London from 1991 until 2010, and in New York from 2010 until 2013.  Since 2013, he has lived in Lugano, Switzerland, and divides his time between Orrick's offices in Milan, London and New York.

During the period between 2005 and 2012, Peter co-led the Orrick team representing Telenor ASA and its affiliates in five arbitration proceedings in New York, Geneva and London, three of which resulted in final awards, and litigation proceedings in the Southern District of New York, the Commercial Court in London,  and the courts of Russia and Ukraine, including the proceedings to enforce an arbitration award that led to the decision by the United States Second Circuit Court of Appeals in Telenor Mobile v. Storm LLC et al., 584 F. 3d 396 (2d Cir. 2009). The American Lawyer noted that "[t]he interplay between courts, tribunals, and -- potentially -- treaty panels is showcased in the contest for Russian mobile phone operator VimpelCom between Alfa and Norway's Telenor ASA." Those arbitrations were recognized as among the top 10 arbitrations in The American Lawyer Arbitration Scorecard for 2007. The Economist described the dispute as "one of Russia's longest-running and most bitter boardroom battles."



  • Peter's notable engagements include advising:

    • Telenor ASA on its $365 million public offering in the US and Europe of 90 million of its VEON Ltd. (NASDAQ:  VEON) ADSs and common shares
    • Telenor ASA on its $262 million public offering in the US and Europe of approximately 70 million of its VEON Ltd. (NASDAQ:  VEON) American Depositary Shares (ADSs) and common shares
    • Calvert Social Investment Foundation, Inc. on the formation of and placement of limited partnership interests in Equity for Impact L.P. and ImpactAssets Funded Guarantee L.P., both Delaware limited partnerships
    • Telenor ASA on its $500 million public offering in the US of approximately 163.9 million of its VimpelCom Ltd. (NASDAQ: VIP) ADSs, as well as a Regulation S offering outside the US to non-US persons of $1 billion of 0.25% bonds due 2019 that are exchangeable for VimpelCom ADSs
    • Telenor ASA on the formation of F&J Labs and Telenor's investment in F&J Labs/Telenor Co-Invest I, L.P. and F&J Labs/Telenor Co-Invest II L.P., both Delaware limited partnerships
    • Telenor ASA on its acquisition of TapAd, Inc.
    • Calvert Social Investment Foundation, Inc. on the formation of and placement of limited partnership interests in the Inter-American Opportunity Facility L.P., a Delaware limited partnership formed in conjunction with the Inter-American Development Bank
    • Seacrest Capital Group Ltd. on the formation of and placement of limited partnership interests in Seacrest Energy Partners II L.P., a Bermuda-based private equity fund
    • AzEire Petroleum Ltd. on its acquisition of Charge Oil Limited (and its interests in blocks in the North Celtic and Fastnet Basins)
    • Azinor Petroleum Limited on its acquisition of Strike Oil Limited (and its interests in blocks in the North Sea and the Porcupine Basin) and majority ownership of Fortis Petroleum Corporation AS (and its interests in blocks on the Norwegian shelf)
    • Azinam Limited on its acquisition of interests in 13 exploration blocks (five licenses) offshore Namibia
    • Telenor ASA on its acquisition of 305 million VimpelCom Ltd. preferred shares from Weather Investments II S.ar.l.
    • Exxaro Resources Limited on its $3.4 billion contribution of its South African and Australian mineral sands business to Tronox Incorporated in exchange for Class B shares representing 38.5 percent of Tronox's common stock
    • Corsidian on the sale of its businesses in Brazil, Mexico, Colombia and Puerto Rico to Aspect Software Inc.
    • Telenor ASA in connection with a cash-settled total return equity swap with JPMorgan in respect of up to 65,000,000 ADRs of VimpelCom Ltd.
    • Seacrest Capital Group Ltd. on the formation of Seacrest L.P., a Bermuda-based private equity fund, and the entry by Seacrest into an oil and gas exploration and production joint venture with a leading geophysical and seismic company
    • StreamServe Inc. in connection with its merger with a wholly-owned subsidiary of Open Text Corporation
    • Telenor ASA and VimpelCom Ltd. in connection with the formation of VimpelCom Ltd., a $23.8 billion NYSE-listed emerging market mobile operator, the contribution of Telenor ASA's mobile assets in Russia and Ukraine to VimpelCom Ltd., and VimpelCom Ltd.'s registered U.S. exchange offer and Russian voluntary tender offer for the shares and ADRs of OJSC "Vimpel-Communications"
    • Telenor ASA on its defense against efforts to undermine the ownership of its mobile assets in Russia and Ukraine
    • FESCO, a trans-CIS integrated transport company, on its $637 million Rule 144A/Reg. S global equity offering, including negotiating significant equity stakes taken by a multilateral and a sovereign wealth fund
    • SouthWest Energy, an independent African oil and gas company in connection with its M&A, capital raising and exploration and production activities
    • An emerging market private equity fund on the restructuring of its investment in a consumer sector business in Russia, Ukraine and Kazakhstan
    • An emerging market private equity fund as lead investor in a Series A-2 convertible redeemable preferred share round for a prominent Russian software and services business
    • An emerging market private equity fund as investor in a retail clothing business in Moscow
    • An emerging market private equity fund on its acquisition of gold and copper mining assets in the Republic of Georgia
    • Telenor ASA on its investment in OJSC "Vimpel-Communications," an NYSE-listed Russian mobile operator, including advising on the first proxy fight involving a publicly traded Russian company
    • Nelson Resources Ltd., an AIM-listed oil and gas company active in Kazakhstan, on its acquisition of control of Chaparral Resources Inc., a U.S. publicly traded oil and gas company active in Kazakhstan
    • Telenor ASA on its acquisition of Gonofone and Marubeni's shares in GrameenPhone, a Bangladesh mobile operator.
    • A European oil and gas company on Asian gas supply and LNG sales issues
    • Telenor ASA on its acquisition of 100 percent of Comincom/Combellga, a Russian competitive local exchange carrier (CLEC), and the subsequent exchange of shares in Comincom for a 23 percent stake in Golden Telecom, Inc., a U.S. publicly traded telecommunications company active in Russia
    • Telenor ASA on its acquisition of control of CJSC "Kyivstar G.S.M.," a Ukrainian mobile operator
    • Tsavo Energy and its shareholders on the successful project financing of the Tsavo II independent power project in Kenya
    • A Nigerian independent oil and gas company on its acquisition of a 40 percent stake in an offshore oil and gas field located in Nigeria from Baker Hughes and the subsequent sale of that stake to PetroSA
    • Williams International on its acquisition and subsequent sale of a stake in AB Mazeikiu Nafta, a Lithuanian oil refinery, port and terminal company
    • An emerging market private equity fund on its acquisition of stakes in two independent oil and gas companies active in the CIS
    • Sakhalin Energy and its shareholders on the successful project financing of the Sakhalin II- Phase I offshore oil and gas project in the Russian Far East

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