Just when you thought it couldn’t get worse than a raging pandemic. Then comes a major energy grid collapse and water disruptions and a still-raging pandemic. And
on top of all that, it’s really, really cold. But if you’re inclined to feel sorry for yourself consider: You could be Michael Fallquist. That story and last week’s deals.
Houston-based RES Involved in Northwest Dam Removal Project
The Houston mitigation firm has agreed to a contract with the Klamath River Renewal Corporation to help with the removal of four dams spanning the river between Oregon and Northern California.
Shearman, Weil Advise on $1.15B SPAC Deal to Take Ardagh Metal Public
Ardagh Metals Group, Luxembourg-headquartered purveyor of metal beverage containers is combining with a Los Angeles-based SPAC. The result will be an $8.5 billion public company. And several Dallas-based lawyers took part.
Delaware Court Validates Regency-ETP Merger With $1.6B Defense Win
A Delaware court this week handed a trial defense win to Energy Transfer in a dispute that stemmed from the 2015 mega-merger between ET companies Regency Energy Partners and Energy Transfer Partners, clearing the defendants of $1.6 billion in possible damages.
Energy Transfer to Acquire Enable Midstream in $7.2B Deal; Latham, V&E Advise
[Updated to include new names]
The deal consolidates a large swath of energy pipelines across four states and aids Energy Transfer’s drive to deleverage its balance sheet. The Lawbook’s Allen Pusey has the names of the lawyers involved.
Houlihan Lokey, JP Morgan Lead Advisor Tables
The top three financial advisors for deals involving Texas firms, as well as six of the top ten firms, experienced declines from 2019. Caroline Evans has the numbers and the names.
Match.com CLO Jared Sine Leads Yet Another Billion-Dollar Deal
Neither global pandemic nor 13-hour time difference nor language barriers stays the ability of Jared Sine to the swift completion of a $1.7.billion deal. As chief legal officer for Match Group, Sine said the biggest challenge in acquiring Seoul-based Hyperconnect was gaining the trust of a thriving business’s founders.