Breitburn Energy Partners’ acquisition of Houston-based QR Energy will make Breitburn the largest oil-weighted upstream MLP with a pro forma enterprise value of approximately $7.8 billion.
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Latham, V&E and Bracewell Advise in $3 Billion Acquisition of Houston Company
Breitburn Energy Partners’ acquisition of Houston-based QR Energy will make Breitburn the largest oil-weighted upstream MLP with a pro forma enterprise value of approximately $7.8 billion.
Locke Lord and Akin Gump Advise in $538 Million Midland Basin Assets Deal
Diamondback Energy, Inc. will acquire additional acreage in the Midland Basin from Rio Oil & Gas, LLC and Bluestem Energy Partners, LP.
Norton Rose Fulbright Duo Secures Two Class Action Securities Lawsuit Dismissals
Gerry Pecht and Peter Stokes successfully secured two dismissals in the Southern District of New York for both LINN Energy/LinnCo and Magnum Hunter Resources.
Dallas Judge Awards ETP $500 Million in Enterprise Partnership Dispute
Legal experts say it is the largest civil judgment ever awarded by a Dallas state court judge.
Statewide Need is Great for Pro Bono Legal Work on Border Crisis – Updated
Lawyers across the state are getting involved in pro bono projects to help the migrant children arriving from the border crisis, but Texas’ highest ranking judge says more of them need to step up.
DMN: Ex-Recognition Equipment CEO Loses Trial to End 25 Years Battle
A nine-member federal jury just ended former Dallas CEO William Moore’s 25-year journey to punish the postal inspectors he claims conspired — unsuccessfully — to send him to prison in the 1980s, and he’ll have to be satisfied with having had his day in court. The unanimous verdict was in favor of the five former postal workers he sued, and Moore will not collect any of the $231 million he had sought.
Locke Lord Closes $800 Million Sale of TGI Fridays
Mounds of attorneys from the firm’s Dallas office helped Carlson Restaurants sell the franchise to two private equity firms.
Bloomberg: EFH May Scrap Initial Reorganization Plan
Lawyers for Energy Future Holdings Corp. told a bankruptcy judge in Delaware today that the Dallas power company may abandoned its pre-negotiated restructuring and reorganization plan it proposed when it filed for Chapter 11 in April.
Weil Leads Closing of PetroLogistic’s $2.1 Billion Sale to Flint Hill Resources
The Houston-based propylene producer was acquired by Kansas-based Flint Hills Resources, which is a subsidiary of the giant private multinational corporation, Koch Industries.