by Mark Curriden, Senior Legal Affairs Writer
DECEMBER 29 — Lawyers from the Texas offices of Jones Day represented Chesapeake Midstream Partners LP in its $865 million purchase of an affiliated pipeline unit called Appalachia Midstream Services LLC. and its Marcellus Shale assets.
Oklahoma-based Chesapeake Midstream Partners is a publicly traded joint venture of Chesapeake Energy Corp. and Global Infrastructure Partners. Under the terms of the deal, Chesapeake Midstream Partners will pay $600 million in cash and $265 million in common units for Appalachia Midstream, which is a wholly owned subsidiary of Chesapeake Energy.
The transaction was announced Wednesday and closed today.
The Jones Day team was led by Houston energy and M&A partner Jeffrey Schlegel, who also was one of the lawyers who recently represented Sampson Investment Company in its $7.2 billion sale to Kohlberg Kravis Roberts, Natural Gas Partners and Crestview Partners.
Other Texas-based Jones Day lawyers involved in the Chesapeake deal were Anna Ha, a M&A associate in Houston; Julie Gremillion, an energy associate in Houston; Elizabeth Peterson, a capital markets associate in Houston; Dallas tax law partner Todd Wallace; Karen Currie, a tax law associate in Dallas; Houston energy partner Jason Leif; and Houston trial associate Kevin Feeney.
Mark Curriden is senior legal affairs writer for TexasLawbook.net and is Writer in Residence at SMU Dedman School of Law.
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