Jeff Schnick

Wachtell, Kirkland Lead $22.5B Deal Between ConocoPhillips, Marathon

ConocoPhillips has agreed to acquire Marathon Oil for $22.5 billion in an all-stock deal, which includes $5.4 billion of net debt and offers Marathon shareholders a 14.7% premium. The merger is expected to generate $500 million in savings in its first year and significantly boost ConocoPhillips' U.S. onshore portfolio. Pending regulatory approval, the deal is anticipated to close in the fourth quarter, furthering the consolidation trend in the energy sector as companies seek to enhance reserves and cut operating costs.

May 29, 2024 Jeff Schnick

Akin Bolsters Lobbying Practice with Veteran Texas Legislator Kevin Brady

Akin has announced a significant addition to its lobbying and public policy practice by hiring former Texas congressman Kevin Brady, who brings extensive experience in tax, trade, healthcare and energy policy. He served as chairman of the House Ways and Means Committee, playing a crucial role in legislation like the Tax Cuts & Jobs Act and the United States-Mexico-Canada Agreement.

May 20, 2024 Jeff Schnick

Andrew Lehman Reunites with Akin’s Houston Office

Andrew Lehman is returning to Akin as a partner in its private equity practice, the firm announced today in a news release.

May 6, 2024 Jeff Schnick

Todd Lowther Latest Key Hire for Clifford Chance’s Houston Office

Clifford Chance's Texas expansion continued Wednesday as the firm announced a key lateral hire who bolsters its U.S. tax and energy & infrastructure practices.

May 1, 2024 Jeff Schnick

Deals in the Oil Patch Still Reign Supreme for Texas Lawyers

Corporate lawyers in Texas have been exceptionally busy over the last 13 months, as the surge in mergers, acquisitions and joint ventures within the oil patch remains robust.

February 23, 2024 Jeff Schnick