Charlie Ofner has moved his energy and infrastructure transactions practice to Akin from White & Case. Ofner helped lead a $231 million deal in January.
CDT Roundup: 11 Deals, 9 Firms, 75 Lawyers, $3.1B
Last November and December, Houston-based Coterra Energy spent nearly $4 billion in a series of major investments in the Permian Basin. Last week, the company announced that it may be reopening its activity in the Marcellus, which it all but abandoned in August. Also last week gas prices dropped precipitously. Tom Jorden, the company’s CEO explained to analysts why Coterra is banking on increased demand and the flexibility to make — or not make — capital commitments. The CDT Roundup looks at his remarks, along with last week’s transactions.

Bracewell, Arnold & Porter Snag Partners from King & Spalding
Houston trial attorney Abby Parsons was hired away by Arnold & Porter, while finance partner Susan Ormand Berry lateraled to Bracewell.

M&A Newsmaker: Katten’s David Washburn and the Anatomy of a Deal
David Washburn always felt “hardwired” to become a lawyer despite his father and others trying to sway him down different paths while growing up. “In what I now understand to be my dad’s attempt to induce me to take another path, he gave me a copy of Gray’s Anatomy when I started high school. The book bored me to tears,” he said, noting it as a moment that further pushed him to pursue law.

CDT Exclusive Data: 2024 Top M&A Dealmakers in Texas
There are some new leaders atop the 2024 M&A scoreboard. Most of the regulars are there, as well as some fresh faces, according to The Texas Lawbook’s exclusive Corporate Deal Tracker. The CDT has two separate rankings for Texas-led transactions — deal count and deal value. Lawyers on both lists had an extraordinary 2024.
Perkins Coie Adds a Trio of M&A and PE-Focused Partners From Greenberg Traurig
Perkins Coie announced Tuesday that it is adding a group of three Texas-based partners, Kyle Fox, Richard Dusenbury and John-Paul Haskins, to its M&A and PE practice. The trio joins Perkins Coie from Greenberg Traurig, where each group member worked for at least five years, primarily serving clients within its M&A and PE practice group.
CDT Roundup: 12 Deals, 7 Firms, 149 Lawyers, $16.5B
In the doubtful case that dealmakers were getting too giddy for their own good, the folks at the London Stock Exchange (LSEG) have published their latest global scorecard on YTD deals in M&A and the capital markets. They should come with a warning: “Keep antacids close.” They are presented without comment or explanation, so the CDT Roundup is serving them pretty much raw — but with a generous side-order of last weeks deals and the names of the lawyers who handled them.
Exclusive CDT Data: Capital Markets Dominated by Latham Last Year
Whatever else may have happened in the Texas-related capital markets during 2024, the deals they represented left behind some unnervingly easy math. As is true of most years, debt issues outnumbered equity offerings about 2 to 1. But that doesn’t mean there weren’t some interesting trends and transactions alongside the usual reshuffling of debt.
Hearst Adds Another Texas Newspaper to its Portfolio
Gannett announced Wednesday that it agreed to sell the Austin American-Statesman to media conglomerate Hearst, the owner of the Houston Chronicle and San Antonio Express-News.
Diamondback Energy Acquires Subsidiaries from Double Eagle for $4.1B
The cash and stock deal, advised by Kirkland & Ellis and Vinson & Elkins, comes a little more than a year after Diamondback’s $26 billion merger with Endeavor Energy. It involves about 40 thousand acres near or adjacent to Diamondback’s core holdings in the Permian.
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