Kirkland and Jones Day Advise in Newest EFH-Oncor Deal
Law firms have generated hundreds of millions of dollars from the EFH bankruptcy and the billable hours continued to mount over the weekend. EFH GC Andy Wright and the Houston office of Kirkland & Ellis are leading the bankrupt energy company's sale to Sempra Energy for $9.45 billion in cash plus assumption of billions in debt. Jones Day is advising Oncor. White & Case represents Sempra. The Texas Lawbook has full details.