Refinitiv’s numbers are out, and they tell us what we already know: M&A is down worldwide, marking the slowest nine months since 2013. But there’s good news, and the Roundup has it — along with the weekly list of deals and the lawyers who advised them.
McDermott Picks Up Houston Tax Leader from Mayer Brown
Shawn O’Brien was previously the co-head of the energy tax practice at Mayer Brown.
A New JV has Astros and Rockets Playing Ball — Together
With the announcement of a joint venture between the Houston Astros and the Houston Rockets, Houston sports fans can breathe a sigh of relief that, at least, for the immediate future they will be able to witness live sports on live TV. But a bankruptcy filed in March in Houston remains the center of similar sports storms in cities from New York to San Diego.
CDT Roundup: 17 Deals, 13 Firms, 189 Lawyers, $1.9B
Non-SPAC IPOs are on the uptick in Texas typified by one filed last month by Mach Resources, a company created by natural gas icon Tom Ward, former jefe at Chesapeake Energy and a few other familiar energy stops. Claire Poole looks at that deal along with the firms and lawyers behind last week’s 17 Texas-related transactions.
CDT Roundup: 23 Deals, 17 Firms, 230 Lawyers, $6.4B
Hydrogen ranks No. 1 in the Periodic Table of Elements, but its carbon-heavy production process has made it a target – not only of environmental concerns — but of potential solutions. Its elemental role in a variety of industrial production processes has made the pursuit of CCS technologies (carbon capture and sequestration) a rising star in a Texas-led pursuit of scalable environmental abatement. Alan Alexander, a partner at Vinson & Elkins, has made himself part of that pursuit. His views are part of this week’s CDT Roundup, along with the usual summaries of new transactions and the roster of lawyers who made them.