Oasis Merges with Whiting Petroleum in $6B Deal
Kirkland and V&E advised the oil companies on the combination, which promises to generate enhanced free cash flow to return to shareholders.
Q&A with Katten’s Ethan Post
The Katten senior associate is in the midst of one of the busiest seasons of his young career. He shared highlights and described what kinds of deals he is seeing so far in 2022 in an interview with The Lawbook.
CDT Roundup: 12 Deals, 8 Firms, 149 Lawyers, $5.1B
Online gaming, along with outright gambling, is gaining traction in M&A. As the lines between fantasy sports, sports books, remote gaming and casino-based gambling blur, the deals, whether domestic or international, are getting bigger and more involved, even for Texas lawyers. More on that, along with the weekly roll call of Texas-related deals in the CDT Roundup.
Chevron Buys Renewable Energy Group for $3.15B
Leading the legal team from Chevron is Siva Barnwell Adams, managing counsel in the major transactions law group at Chevron Upstream in Houston.
CDT Roundup: 22 Deals; 17 Firms; 174 Lawyers; $22.2B
Germany announced this week that it is halting certification of the Nord Stream 2 natural gas pipeline from Russia. Germany is Russia's largest European market for their gas, so the move is not insignificant. But the move could have even broader significance for the new Texas alternative to alternative energy: LNG. The CDT Roundup explains, along with its weekly roll call of lawyers involved in what was the year's best week thus far in M&A.
Celanese Picks Up Materials Business from DuPont for $11B
Texas lawyers from Kirkland and Gibson Dunn advised the Dallas buyer on acquiring the business, which represented $3.5 billion of net sales and $800 million in operating earnings last year.
M&A Oil & Gas Experts Expect More Deals Despite Rising Oil Prices
Four oil and gas partners weigh in on whether continued elevated oil prices will lead to more deal activity in the upstream and midstream sectors.
CDT Roundup: 12 Deals, 10 Firms, 73 Lawyers, $2.3B
According to a report by Bain, the consulting firm, healthcare M&A was up by 16% in 2021 by volume but also up by 44% in value. The same can be said in Texas where healthcare deals proved both plentiful and interesting. More on that and the transactions reported last week in this latest CDT Roundup.
Madison Dearborn Agrees to Dole Out $1.8B in Cash for MoneyGram
Vinson & Elkins advised the Dallas company after its $1.2 billion sale to Hong Kong-based Ant Financial in 2018 was blocked by U.S. regulators (the firm counseled on that deal, too).
The Texas Law Firms that Worked on the Most $1B+ M&A Deals in 2021
The battle among Texas lawyers to do the mega mergers, acquisitions and joint ventures is fierce. The Texas offices of 22 law firms represented parties in 115 M&A deals that were valued at $1 billion or more in 2021, according to The Texas Lawbook’s Corporate Deal Tracker. Seven different law firms had Texas lawyers advise on 10 or more of those billion-dollar corporate transactions.
Texas Munis 2021: Growth Against the Caution Light
The well-documented influx to Texas of folks from other states brings with a whole new set of needs: more schools, more roads, more public facilities of every kind. In 2021, public finance attempted to keep pace with nearly 2,100 issues worth more than $61 billion. Bond attorneys expect a vigorous 2022, but a few caution lights are beginning to flicker. Some are wondering if the raw need for infrastructure improvements can overcome a fickle public appetite for new projects and increasingly intrusive legislative scrutiny. Nushin Huq reports.
Kirkland, Sidley, V&E, Latham Top CDT’s 2021 Law Firm M&A Rankings in Texas
Texas lawyers feasted on mergers and acquisitions in 2021. The Texas offices of Kirkland & Ellis did the most deals — though Sidley, Vinson & Elkins and Latham & Watkins were crazy busy. The Texas Lawbook‘s Corporate Deal Tracker lists the law firms that were involved in a record-smashing 929 corporate deals last year and the dealmakers who led those transactions.
Correction:The Texas Lawbook, in an earlier version of this article, undercounted the deal count and deal value for Gibson Dunn, Haynes and Boone and Locke Lord. We apologize for this error.
