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GCs/Corp. Legal Depts.

SMU Dedman Law’s Innovative Corporate Counsel Externship Program Shines, Thanks to Loyal GC Alums

During the past decade, 700 SMU Dedman law students have done externships at 100 corporate legal departments including Microsoft, Keurig Dr Pepper, Interstate Batteries, Liberty Mutual and Vistra Corp. “The program puts students in real-life situations where they have educational opportunities unobtainable in the classroom," SMU Dedman assistant dean Stephen Yeager, creator of the externship initiative. An extern with Keurig Dr Pepper witnessed how different flavored drinks were developed. Fluor Corporation let law students visit construction sites. Mary Kay allowed its Russian-born extern to work on a project involving Russian data privacy laws. The Texas Lawbook interviewed a half-dozen SMU alumni who did externships and are now in-house counsel.

Mark Curriden

Three GCs Provide a Peek into Their Companies’ Diversity Efforts

The top lawyers at Jacobs Engineering Group, Southwest Airlines and El Rancho Supermercado spent Tuesday’s lunch hour speaking about multiple aspects of diversity within the legal profession — what diversity means for them and their organizations, why it’s important in both the in-house and outside counsel context and how it could be improved. The Lawbook attended the event, which was organized by the Dallas Regional Chamber, hosted by UNT Dallas College of Law and sponsored by Munsch Hardt and Carrington Coleman.

Natalie Posgate

Siltstone Capital’s Mani Walia Wins Houston Legal Innovation Award

When the Houston private equity firm Siltstone Capital decided to expand its investment portfolio beyond energy, minerals and real estate into the arena of litigation finance, it had the perfect advisor already in the house. Siltstone General Counsel Mani Walia has leveraged his background in Big Law, plaintiffs’ IP litigation and private equity to create a new model for litigation finance investments. Citing Walia’s creativity and achievements, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook awarded the 2022 Houston Corporate Counsel Award for Legal Innovation to the Siltstone Capital general counsel.

Mark Curriden

Archrock GC Stephanie Hildebrandt – A Lifetime of Achievements and a ‘Never-ending Education’

Stephanie Hildebrandt has been an in-house lawyer and general counsel at some of the nation’s largest energy companies and has been involved in some of the biggest and most complicated civil lawsuits and M&A transactions in Texas. For three decades, corporate executives from Texaco and El Paso Energy to Enterprise Products to Archrock have relied on Hildebrandt’s legal knowledge, ability to analyze an issue, wisdom and creativity to develop and execute a successful strategy.

The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook honor Hildebrandt with the 2022 Houston Corporate Counsel Award for Lifetime Achievement.

Mark Curriden

Q&A: Theresa Terrell

Premium-Only Content: Theresa Terrell discusses what she'd do if she won the Powerball lottery tomorrow and shares pet peeves regarding outside counsel.

Mark Curriden

Hines Real Estate’s Theresa Terrell is 2022 Houston Senior Counsel of the Year

Theresa Terrell was a rookie litigator at Jackson Walker when she realized the trial practice was not a good fit for her and a partner at the firm encouraged her to try real estate. “I still remember the first project I worked on was reviewing leasing in connection with a portfolio acquisition of office buildings, and I never looked back,” she said. “I love that real estate transactions can feel non-adversarial – deals can get contentious, but both sides ultimately want to get to a mutually beneficial outcome.”

Sixteen years later, Terrell is still in the real estate law practice – only now as an assistant general counsel at Hines, a privately held real estate investment firm operating in 28 countries with $90 billion of investments under management. The Association of Corporate Counsel's Houston Chapter and The Texas Lawbook honor Terrell with the 2022 Houston Senior Counsel of the Year Award.

Mark Curriden

Schlumberger CLO Dianne Ralston is 2022 Houston General Counsel of the Year

Dianne Ralston had no lawyers in her immediate family and her father, a petroleum engineer, had been deposed a few times and had no fondness for the legal profession. But Ralston found law fascinating. Today, she is the chief legal officer at Schlumberger NV, where she oversees a team of 400 lawyers and compliance professionals operating in 60 countries. During the past two years, Ralston onboarded four new corporate directors, revamped and updated the global corporation’s enterprise risk management processes and dramatically reorganized her legal and compliance teams. ACC Houston and The Lawbook named her the 2022 Houston GC of the Year for a Large Legal Department.

Photo: Sharon Ferranti

Mark Curriden

Q&A: Schlumberger CLO Dianne Ralston

For Premium Subscribers Ralston, who previously served as the general counsel of two other energy companies – Weatherford International and TechnipFMC – talks about the path she took to the top tier of her profession, as well as her expectations of outside counsel.

Mark Curriden

Q&A: Niko Lorentzatos

Premium-Only Content: Niko Lorentzatos identifies what he looks for in outside counsel and recalls career mentors. Plus, Lorentzatos performing with his college band Lost in the Supermarket.

Mark Curriden

Forget Goats, Oasis GC Niko Lorentzatos is ‘The Buffalo’

Nickolas Lorentzatos faced 1,003 days of trials and tribulations and survived. The Oasis Petroleum general counsel had a tumultuous 33 months. There were the deaths of his father and mother. There was the Covid-19 pandemic and the crash of oil prices, which resulted in Oasis filing for bankruptcy. Lorentzatos in 2021 led a series of M&A deals, which included two $6 billion mergers.

“This time period pushed everyone to their limits and beyond, but the Oasis team answered the call time and again," Lorentzatos told The Texas Lawbook. "I have never seen anything like it before and probably never will again." The Association of Corporate Counsel’s Houston Chapter and The Lawbook named Lorentzatos the 2022 Houston General Counsel of the Year for a Small Legal Department.

Mark Curriden

Houston Corp. Counsel Award Winners: Theresa Terrell, Niko Lorentzatos, Travis Torrence, Bo Shi and Diane Greene

Nearly 200 Houston general counsel and corporate lawyers packed the Four Seasons Hotel Thursday night for the 2022 Houston Corporate Counsel Awards.

The big winners of the fourth annual awards, which highlight the successful legal work of corporate in-house counsel, involved general counsel and senior counsel at Shell USA, Crescent Energy, Hines, GSFSGroup and Oasis Petroleum.

Mark Curriden

Q&A: William Turcotte, Noble Corporation

William Turcotte counts losing his father as one of the most impactful experiences in his life. "I wasn't prepared for something like that," Turcotte told Mark Curriden in this special Q&A. He explains what it took to rebound and how it informs his life now as GC of Noble Corp.

Mark Curriden

William Turcotte’s Big Year: Bankruptcy, Two Major Mergers, a Pandemic, Marriage and a Cowboy’s Common Sense

Growing up the son of a South Texas rancher and educator, William Turcotte learned about facing tough times, long days of manual labor and the importance of a great education. Turcotte needed those principles the past two years as the general counsel at Noble Corporation. In a matter of months, he led the offshore drilling contractor in and out of bankruptcy, eliminating $3.4 billion in bond debt. Only weeks after emerging from Chapter 11, Noble acquired Pacific Drilling. In November 2021, Turcotte and Noble were at it again, closing a $3.13 billion all-stock merger with Maersk Drilling.

“The joke was ‘You can always sleep when you’re dead,’” Turcotte told The Texas Lawbook. The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook have named Turcotte as one of two finalists for the 2022 Houston Corporate Counsel Award for General Counsel of the Year for a Small Legal Department.

Mark Curriden

2022 Houston Corporate Counsel Award for Lifetime Achievement: Archrock GC Stephanie Hildebrandt

For three decades, Stephanie Hildebrandt has been general counsel in some of the biggest and complicated civil lawsuits and M&A transactions in Texas. She's been the GC at Archrock, a Houston-based provider of natural gas contract compression services, where she led the company’s $1 billion take-private transaction of Archrock Partners. Hildebrandt spent more than a decade as general counsel at Enterprise Products, where she supervised three huge acquisitions for the company, including the $4.4 billion merger with Oiltanking Partners, the 2011 purchase of Duncan Energy for $2.4 billion and the 2009 acquisition of Teppco Partners for $3.3 billion.

This Thursday evening, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook are honoring Hildebrandt with the 2022 Houston Corporate Counsel Award for Lifetime Achievement.

Mark Curriden

Q&A: David Stryker

Premium-Only Content: David Stryker goes into the keys to overcoming the challenges in the Starboard proxy battle and what's next.

Natalie Posgate

David Stryker’s Successfully Litigious Year

For more than four years, Huntsman Corp. and its General Counsel David Stryker fought a high-stakes legal battle over an acquisition of a company whose technology ended up not working. Stryker and Huntsman hired the law firm Kirkland & Ellis to sue for fraud and breach of contract. In 2021, Huntsman and Kirkland won, securing an arbitration victory that led to a $665 million settlement. More recently, Huntsman and Stryker secured a $94 million jury verdict in New Orleans in a separate lawsuit. Stryker’s recent wins came in quick succession, but they were the product of the deep-seated instinct for advocacy that has coursed through Stryker’ veins since the day he became a trial lawyer. The 2022 Houston Corporate Counsel Award for Business Litigation of the Year goes to Stryker and the lawyers at Kirkland & Ellis.

Natalie Posgate

Phillips 66 Team Used 11 p.m. Nightly Calls and Creative Legal Work to Complete $3.4B Transaction

Each night at 11 p.m. for nearly a year, Robert Task, Julie Pradel and Maine Goodfellow were on the phone discussing the problems they faced, the challenges lying ahead and the successes achieved that day. The three senior-level in-house counsel at Phillips 66 spent hundreds and hundreds of hours negotiating the terms, handling due diligence, doing the paperwork and getting the necessary approvals to push Phillips 66’s $3.4 billion acquisition of its limited partner, Phillips 66 Partners, over the finish line. Task, Pradel and Goodfellow faced multiple headwinds: stresses from the lingering pandemic, fluctuating oil and gas prices, rising interest rates, a tumultuous global economic environment and wild swings in stock prices. But they got the deal done and it is a finalist for the 2022 Houston Corporate Counsel Award for Transaction of the Year.

Mark Curriden

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