Houston Energy Dealmaker A.J. Ericksen Laterals to White & Case
Ericksen had become a go-to deal lawyer at Baker Botts, where he started his career and made partner in 2014. The new White & Case partner had an active 2020.
Texas Lawbook Expands M&A Coverage with New Deal Writer
The Texas Lawbook is pleased to announce that Anna Butler, former director of operations for Patterson Thoma Family Office and former Dallas Business Journal managing editor, has joined our news team to lead our corporate transactions coverage. As this article states, Anna will take The Lawbook's deal coverage to the next level.
A Modern Power Grid Can Deliver More Than Just Resiliency
In the wake of last month’s winter storm disaster, Texas has an opportunity to reinforce its position as a global energy leader by acting thoughtfully to guide the evolution of our electric grid. Parts of Texas’ grid were simply not built to withstand sustained freezing temperatures and significant frozen precipitation. Generation assets went offline at an alarming rate, leading to a shortfall in electric supply that forced tens of thousands of megawatts of customer load to be shed, leaving millions in the dark. This did not need to happen.
CDT Roundup: 24 Deals; 10 Firms, 196 Lawyers, $13.6B
Last December we reported on a $2 billion-plus merger agreement between Diamondback Energy and QEP Resources. The all-stock deal seemed like a good deal for both sides, since it included Diamondback's assumption of $1.6 billion. But a major stockholder at QEP is having second thoughts, and their thinking is yet another sign that things are getting better. The CDT Roundup has the details of their concerns, as well as details of all 24 transactions.
Chevron To Take Noble Midstream Private for $1.3B
California-headquartered Chevron Corporation announced Friday that it is acquiring all the stock it doesn't already own in Noble Midstream Partners. Latham & Watkins and Baker Botts advised on the deal. The Texas Lawbook has the names of the lawyers involved.
CDT Roundup: 19 Deals; 12 Firms; 139 Lawyers; $8.1B
Exhibition baseball began this past week. For those who pay attention to such things, it's a sign of life and hope. Not only did deal makers continue to show signs of both, the deals included at least one that involved...baseball. Or at least someone once involved with baseball. The CDT Roundup has that and last week's transactions.
Michaels Acquired by Apollo Global in $5B Take-Private Deal
New York-based firms counseled The Michaels Companies in the transaction, which features a 47% premium for stockholders for the 1,275 store chain.
CDT Roundup: 9 Deals, 9 Firms, 153 Lawyers, $8.8B
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.
