Latham Advises ETP in New Pipeline JV with Phillips 66
The two Texas companies entered two joint ventures to develop the previously announced Dakota Access Pipeline and Energy Transfer Crude Oil Pipeline.
Kirkland and Sidley Advise in KKR’s Investment in Anadarko
Global investment firm KKR announced that it has invested a non-disclosed amount to become a non-operated working interest partner with Anadarko Petroleum Corporation in the development of its acreage in the Eaglebine play.
Baker Donelson Expands Houston Office by Adding Healthcare Experts
Office Managing Partner Brad Chambers says the firm’s goal is to “represent as best as possible the market in Houston.”
Five TX Firms Advise in Western Gas’ $1.5 Billion Acquisition – Updated
The Woodlands-based Western Gas Partners, LP has agreed to acquire Houston-based Nuevo Midstream Partners, a startup midstream company that is backed by the private equity firm, EnCap Flatrock Midstream.
Baker Botts Leads Huge Shell Midstream IPO
There is a new ticker on the NYSE: SHLX. Houston-based Shell Midstream Partners, a MLP, is expected to raise $920 million. Shell Midstream GC Lori Muratta selected Baker Botts partners Kelly Rose, Hillary Holmes and A.J. Ericksen to be its legal advisers. Vinson & Elkins partners Doug McWilliams and Gillian Hobson served as the lead legal advisers for the underwriters.
Oil and Gas Partnership by Ambush: The Challenges of Disclaiming a Partnership or Joint Venture in Texas
ETP's landmark $535 million court victory over Enterprise earlier this year raises an important issue facing many Texas companies: Can companies effectively disclaim the existence of a joint venture or partnership—and the fiduciary obligations these relationships entail—or will Texas courts disregard the disclaimers and look to the parties’ course of conduct? This article provides a thorough examination of the ETP v. Enterprise jury verdict and the impact the case is having on businesses.
Jones Day and Winstead Advise in $250 Million Lennox Financing
Richardson-based Lennox International has obtained a $250 million short-term loan facility that was provided by JPMorgan Chase Bank, NA and Morgan Stanley Bank, NA.
Baker Botts and Porter Hedges Advise in $250 Million Eagle Ford Asset Deal
Houston-based Carrizo Oil & Gas, Inc. has completed its acquisition of additional leasehold and producing interests in the Eagle Ford Shale from Eagle Ford Minerals, LLC for $250 million.