Three Dealmakers Bolt Winston for Jones Day
Rodney Moore, Samuel Peca and Scott Delaney — all veterans of Weil — are headed to Jones Day after less than two years at Winston & Strawn.
CDT Roundup: 11 Deals, 7 Firms, 144 Lawyers, $2.4B
The Dallas Fed each quarter surveys executives from six different business sectors. The Fed's surveys for the third quarter were released last week. The CDT Roundup looks at the one on energy, which reveals a peculiar lack of enthusiasm for a sector rampant with M&A. That, and the usual review of the firms and lawyers behind last week's modest number of transactions.
Amber Energy Acquires CITGO in Court-ordered Sale
A special master for a federal court in Delaware has named Amber Energy Inc. as its court-approved bidder for CITGO, one of the largest refiners and distributors of petroleum products in the U.S. The sale, which values Houston-based CITGO at $7.28 billion, is aimed at settling some of the $21.3 billion in claims against CITGO's former owners, the state-controlled energy company of Venezuela.
AT&T Sells DirecTV to TPG for $7.6B; DirecTV acquires rival Dish for $1 and $9.75B Debt
The two-deal parlay by TPG, which formally ends AT&Ts $49 billion venture into the home entertainment business, was advised by Gibson Dunn, Ropes & Gray, Cleary Gottlieb, Steptoe & Johnson, HWG, Crowell & Morning, White & Case and Mintz, Levin.
Akin Bolsters Investment Management Team in Dallas
Shannon Thompson, who joins the firm from Kirkland & Ellis, represents private equity and other alternative asset managers.
Winston & Strawn Adds Tax Partner Louis Jenull
The Dallas tax expert has significant experience within the renewable energy and infrastructure sectors.
Latham Enhances Project Development Practice in Houston
New Latham partner Jonathan Katz practiced for nearly a dozen years at King & Spalding. Houston office managing partner Nick Dhesi said Katz is highly regarded for his experience in crafting EPC contracts for energy and infrastructure projects.
CDT Roundup: 11 Deals, 10 Firms, 192 Lawyers, $9.6B
Since the record year of 2021, IPOs have been scarce by any standard. Even SPACs have been in decline. The two non-SPAC IPOs that reached the CDT Roundup last week hardly represent a bumper crop. But with 145 logged with the SEC so far this year, we may be on a pace for the most IPOs since 2021. The CDT Roundup takes a look at those two new IPOs and what they might tell us about the market in Texas and elsewhere — along with the usual summary of last week's Texas transactional action.
