CDT Roundup: 16 Deals, 10 Firms, 92 Lawyers, $1.25B
Oil and gas M&A may be moribund but deals in the digital oilfield are on the rise. Claire Poole covers that plus paltry transactional activity by Texas lawyers leading up to Presidents Day weekend.
Kirkland Poaches Another Compensation Partner, this Time from V&E
The lateral follows the firm’s recruitment of Rob Fowler from Baker Botts earlier this year as part of efforts to build an executive compensation team in Texas.
CDT Roundup: 18 Deals, 14 Firms, 123 Lawyers, $6.08B
Private equity continues to be the king of capital, with fundraising surpassing $500 billion again last year and assets under management crossing the $4 trillion mark. But 2020 may be tricky to navigate given challenging dealmaking, among other things. Claire Poole has that plus last week’s transactions among Texas lawyers.
Gibson Dunn Oil and Gas Transactional Partner Returns to Latham
Justin Stolte said he went back to the firm where he worked as an associate to take advantage of its reach across all forms of energy, including renewables.
UPDATED: Perkins Coie opening Austin office with lawyers from V&E, Wilson Sonsini
The move follows the Seattle-founded firm's entrance into Dallas in 2010 and the addition of three partners last year.
UPDATED: Jones Day Dealmaking Trio is Joining Shearman’s New Dallas Office
Scott Cohen, Robert Cardone and Alain Dermarkar's clients have included Texas Instruments and privately held conglomerate Koch Industries along with private equity firms Turnbridge Capital and J.F. Lehman.
Shearman & Sterling Opening Office in Dallas
The new outpost, which follows openings in Austin and Houston, is part of the firm's U.S. expansion.
CDT Roundup: 21 Deals, 12 Firms, 101 Lawyers, $20.9B
M&A activity was down, down, down around the world in January, but dealmaking involving Texas lawyers was up, up, up. Claire Poole reports on that plus last week’s M&A and capital markets activity.
Mergermarket: Kirkland No. 1 in Deal Count, V&E No. 1 in Deal Value
Kirkland & Ellis, Vinson & Elkins and Latham & Watkins continue to top the Texas M&A charts, according to new data from Mergermarket. Despite a decline in dealmaking in 2019, a few firms showed a jump in the number of transactions they handled last year, including DLA Piper, Willkie Farr, Hunton AK and Holland & Knight.
Two More Deal Lawyers Leaving Locke Lord
The moves – one to another law firm and the other in-house – follow the firm’s global capital markets co-chairs departing for Winston & Strawn. Claire Poole has the story.
CDT Roundup: 13 Deals, 13 Firms, 62 Lawyers, $7.43B
Bankruptcies in the oil and gas industry increased last year, especially in the fourth quarter, according to one report, and commodity prices may remain challenged despite recent geopolitical events. Claire Poole reports on that plus last week’s dealmaking slide.
Locke Lord Loses Two Top Energy Dealmakers to Winston
The former capital markets co-chairs said in an interview they needed the Chicago firm’s platform to better serve their clients and “truly be on top.”
