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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.

May 19, 2022 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.

May 18, 2022 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.

May 18, 2022 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.

May 18, 2022 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.

May 17, 2022 Mark Curriden

Q&A: Alyssa Desgranges-Ellett

Premium-Only Content: Alyssa Desgranges-Ellett describes how her family history and Okinawan heritage give her strength.

May 17, 2022 Mark Curriden

Q&A: Rob Task, Julie Pradel and Maine Goodfellow

Premium-Only Content: The Phillips 66 trio share what they look for in hiring outside counsel and detail public service projects they are involved in.

May 17, 2022 Mark Curriden

Medical Informatics Associate GC Alyssa Desgranges-Ellett Helps ‘Save Lives Bit by Bit’

Alyssa Desgranges-Ellett was nine when her grandfather needed a heart transplant. She was there when doctors used an artificial heart machine to keep him alive while he waited his turn on the transplant list. “I couldn’t believe how this one piece of technology was not only keeping him alive, but vastly improved his quality of life,” she said. “All those experiences I lived through with him led me to end up where I am today, working for a healthcare-technology company that creates software to make the jobs of healthcare professionals more efficient and accurate, in order to save more lives.”

Twenty-five years later, Desgranges-Ellett is the associate general counsel and compliance officer at Medical Informatics Corp., a healthcare-technology company where she helped create and implement the company’s first contract-management system, led the company’s internal-ethics initiative and mentoring program and is designing the formal return-to-work policies and procedures. She is also a finalist for the 2022 Houston Corporate Counsel Award for Rookie of the Year.

May 17, 2022 Mark Curriden

CDT Roundup: 11 Deals, 9 Firms, 80 Lawyers, $532M

A volatile stock market has economists uttering the “R” word: Recession. And while most analysts are discounting the likelihood of full-blown downturn, Andrew Akers of PitchBook has three scenarios that could affect dealmaking for the near future. Those possibilities, and a review of last week’s deals in the CDT Roundup.

May 17, 2022 Claire Poole

Q&A: Kathleen Bertolatus

Premium-Only Content: Kathleen Bertolatus offers advice for outside counsel and shares why she believes pro bono work helps make lawyers better.

May 16, 2022 Mark Curriden

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Features

  • The Akin Partner Who Helped Change Pro Bono in Big Law - Steven Schulman has spent the past three decades helping reshape the role of pro bono work in Big Law. After building Latham & Watkins’ pro bono program, he persuaded Akin Gump Strauss Hauer & Feld to create a full-time pro bono partnership for him. Since then, he has watched corporate firm pro bono work expand from fewer than 1 million hours nationwide in 1994 to more than 5 million annually today, a transformation that mirrors his own rise as one of the country’s leading pro bono advocates. Colleagues say Schulman, who is based in Dallas, has helped drive that growth, leveraging his role to shape not only Akin’s pro bono program but also the broader legal profession’s approach to public service.  July 30, 2026Krista Torralva

GCs, Lawyers & Firms

  • Kirkland Adds First Restructuring Group Partners in Dallas with Jones Day Duo - Restructuring partners Dan Prieto and Amanda Rush have joined Kirkland & Ellis from Jones Day. They will become the first members of the firm's Restructuring Group based in Dallas, where they will focus on mass tort restructurings, Chapter 11 reorganizations, out-of-court restructurings and distressed M&A transactions.
  • Tom Luce Helped Reshape Texas. He Also Remembered Your Name
  • Houston Finance Partner Moves from Kirkland to McGuireWoods 
  • Dallas Real Estate Partner Laterals to Kirkland
  • Carter Arnett Adds Stahl and Cho Hernandez to Name
  • Amy M. Stewart Teams Up with Fisher Phillips
  • Dallas Real Estate Shareholder Moves to Polsinelli 
  • Austin IP Director Moves to Kane Russell 
  • Platt Richmond Promotes Three to Partner 
  • Corporate Lawyer Named Shareholder at SA Firm
More GCs, Lawyers & Firms

Lawyers in the News

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Chip Babcock
Chris Bankler
Jamie B. Beaber
David J. Beck
Bill Benitez
Jessica Berkowitz
Brent Bernell
Tyler Bexley
Shawn Blackburn
Michael Blankenship
Jeffrey Brill
Anita Brown
Ian Brown
Stuart Campbell
Jack Chadderdon
Paul Clement
Erin Nealy Cox
Scott Craig
Kevin Crews
Shamus Crosby
Hannah M. Crowe
Geoffrey Culbertson
Sean Cunningham
John Daywalt
Rajiv Dharnidharka
James Ducayet
Brian K. Erickson
Scott Everett
Weiru Fang
Elizabeth Freeman
Tad Freese
Melanie Fry
Geoff Gannaway
Paul Genender
John J. Gilluly III
Rodney Gilstrap
Andrew Gorham
John Greer
Joseph Grinstein
Matthew Haddad
Colleen Haile
Breen Haire
Shahmeer Halepota
Dionne Hamilton
Troy Harder
Rusty Hardin
Michael Hawes
Nathan Hecht
Stephen Hessler
Hillary Holmes
Marc Jaffe
Lauren Jenkins
David Jones
Atma Kabad
Susan Kennedy
David Kinder
Justin King
Allan Kirk
Melanie Koltermann
Doug Kubehl
Joe Laurel
Sang Lee
Steven Lockhart
Arthur Lotz
Barbara Lynn
Mike Lynn
Nora McGuffey
Stephanie McPhail
Mark Melton
Jeri Leigh Miller
Kimberly A. Moore
Mark Moore
Shelby Morgan
Alia Moses
Davis Mosmeyer III
Darren Nicholson
Eamon Nolan
Ivy Nowinski
Holland O’Neil
George Padis
Ian Peck
Jonathan Platt
Chase Proctor
Doug Rayburn
Joel Reese
Kevin Richardson
Andrew Rodheim
Seth Rubinson
Mazin Sbaiti
Ana Sanchez
Vincenzo Santini
Jeffrey Scharfstein
Robert Schroeder III
Scott Seidel
Steven Sexton
Ahmed Sidik
Robert Slovak
Emily Smith
Melissa R. Smith
Jonathon Soler
Robert Soza
Lande Spottswood
Craig Stanfield
Justin Stolte
Josh Teahen
Kelly Tidwell
Linda Tieh
Rafael B. de Toledo
Monica Uddin
Rhett Van Syoc
Rahul Vashi
Gabe Vazquez
Patrick Venter
Sarah Walden
Kandace Walter
Kyle Watson
Mikell Alan West
Noël Wise
Meng Xi

Firms in the News

Hover right to show full list

AZA
Baker Botts
The Bandas Law Firm
Beck Redden
Boies Schiller Flexner
Bracewell
Bradley Arant
Burns Charest
Clement & Murphy
Condon & Forsyth
DLA Piper
Dykema
Foley & Lardner
Gibson Dunn
Gillam & Smith
Haynes Boone
Holland & Knight
Jackson Walker
King & Spalding
Kirkland & Ellis
Latham & Watkins
Lynn Pinker
Mayer Brown
MoloLamken
Pamela Welch PLLC
Patton Tidwell Culbertson
Paul Hastings
Porter Hedges
The Probus Law Firm
Reese Marketos
Rusty Hardin & Associates
Sbaiti & Company
Sidley Austin
Simpson Thacher
Skadden
Squire Patton Boggs
Sullivan & Cromwell
Susman Godfrey
Troutman Pepper Locke
Vinson & Elkins
Weil
Willkie
Winston & Strawn

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