Premium-Only Content: Niko Lorentzatos identifies what he looks for in outside counsel and recalls career mentors. Plus, Lorentzatos performing with his college band Lost in the Supermarket.
Forget Goats, Oasis GC Niko Lorentzatos is ‘The Buffalo’
Nickolas Lorentzatos faced 1,003 days of trials and tribulations and survived. The Oasis Petroleum general counsel had a tumultuous 33 months. There were the deaths of his father and mother. There was the Covid-19 pandemic and the crash of oil prices, which resulted in Oasis filing for bankruptcy. Lorentzatos in 2021 led a series of M&A deals, which included two $6 billion mergers.
“This time period pushed everyone to their limits and beyond, but the Oasis team answered the call time and again,” Lorentzatos told The Texas Lawbook. “I have never seen anything like it before and probably never will again.” The Association of Corporate Counsel’s Houston Chapter and The Lawbook named Lorentzatos the 2022 Houston General Counsel of the Year for a Small Legal Department.
Husch Blackwell Leads Christian Care Centers Bankruptcy
Middle-market bankruptcy practices are feasting off bankruptcies being filed by senior-living businesses. Mesquite-based Christian Care Centers has hired Husch Blackwell as debtors counsel. A slew of other firms are also involved, including Munsch Hardt, Munck Wilson and Linebarger.
Houston Corp. Counsel Award Winners: Theresa Terrell, Niko Lorentzatos, Travis Torrence, Bo Shi and Diane Greene
Nearly 200 Houston general counsel and corporate lawyers packed the Four Seasons Hotel Thursday night for the 2022 Houston Corporate Counsel Awards.
The big winners of the fourth annual awards, which highlight the successful legal work of corporate in-house counsel, involved general counsel and senior counsel at Shell USA, Crescent Energy, Hines, GSFSGroup and Oasis Petroleum.
Q&A: William Turcotte, Noble Corporation
William Turcotte counts losing his father as one of the most impactful experiences in his life. “I wasn’t prepared for something like that,” Turcotte told Mark Curriden in this special Q&A. He explains what it took to rebound and how it informs his life now as GC of Noble Corp.
William Turcotte’s Big Year: Bankruptcy, Two Major Mergers, a Pandemic, Marriage and a Cowboy’s Common Sense
Growing up the son of a South Texas rancher and educator, William Turcotte learned about facing tough times, long days of manual labor and the importance of a great education. Turcotte needed those principles the past two years as the general counsel at Noble Corporation. In a matter of months, he led the offshore drilling contractor in and out of bankruptcy, eliminating $3.4 billion in bond debt. Only weeks after emerging from Chapter 11, Noble acquired Pacific Drilling. In November 2021, Turcotte and Noble were at it again, closing a $3.13 billion all-stock merger with Maersk Drilling.
“The joke was ‘You can always sleep when you’re dead,’” Turcotte told The Texas Lawbook. The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook have named Turcotte as one of two finalists for the 2022 Houston Corporate Counsel Award for General Counsel of the Year for a Small Legal Department.
2022 Houston Corporate Counsel Award for Lifetime Achievement: Archrock GC Stephanie Hildebrandt
For three decades, Stephanie Hildebrandt has been general counsel in some of the biggest and complicated civil lawsuits and M&A transactions in Texas. She’s been the GC at Archrock, a Houston-based provider of natural gas contract compression services, where she led the company’s $1 billion take-private transaction of Archrock Partners. Hildebrandt spent more than a decade as general counsel at Enterprise Products, where she supervised three huge acquisitions for the company, including the $4.4 billion merger with Oiltanking Partners, the 2011 purchase of Duncan Energy for $2.4 billion and the 2009 acquisition of Teppco Partners for $3.3 billion.
This Thursday evening, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook are honoring Hildebrandt with the 2022 Houston Corporate Counsel Award for Lifetime Achievement.
Phillips 66 Team Used 11 p.m. Nightly Calls and Creative Legal Work to Complete $3.4B Transaction
Each night at 11 p.m. for nearly a year, Robert Task, Julie Pradel and Maine Goodfellow were on the phone discussing the problems they faced, the challenges lying ahead and the successes achieved that day. The three senior-level in-house counsel at Phillips 66 spent hundreds and hundreds of hours negotiating the terms, handling due diligence, doing the paperwork and getting the necessary approvals to push Phillips 66’s $3.4 billion acquisition of its limited partner, Phillips 66 Partners, over the finish line. Task, Pradel and Goodfellow faced multiple headwinds: stresses from the lingering pandemic, fluctuating oil and gas prices, rising interest rates, a tumultuous global economic environment and wild swings in stock prices. But they got the deal done and it is a finalist for the 2022 Houston Corporate Counsel Award for Transaction of the Year.
Q&A: Alyssa Desgranges-Ellett
Premium-Only Content: Alyssa Desgranges-Ellett describes how her family history and Okinawan heritage give her strength.
Q&A: Rob Task, Julie Pradel and Maine Goodfellow
Premium-Only Content: The Phillips 66 trio share what they look for in hiring outside counsel and detail public service projects they are involved in.