There is a new ticker on the NYSE: SHLX. Houston-based Shell Midstream Partners, a MLP, is expected to raise $920 million. Shell Midstream GC Lori Muratta selected Baker Botts partners Kelly Rose, Hillary Holmes and A.J. Ericksen to be its legal advisers. Vinson & Elkins partners Doug McWilliams and Gillian Hobson served as the lead legal advisers for the underwriters.
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Oil and Gas Partnership by Ambush: The Challenges of Disclaiming a Partnership or Joint Venture in Texas
ETP’s landmark $535 million court victory over Enterprise earlier this year raises an important issue facing many Texas companies: Can companies effectively disclaim the existence of a joint venture or partnership—and the fiduciary obligations these relationships entail—or will Texas courts disregard the disclaimers and look to the parties’ course of conduct?
This article provides a thorough examination of the ETP v. Enterprise jury verdict and the impact the case is having on businesses.
Jones Day and Winstead Advise in $250 Million Lennox Financing
Richardson-based Lennox International has obtained a $250 million short-term loan facility that was provided by JPMorgan Chase Bank, NA and Morgan Stanley Bank, NA.
Baker Botts and Porter Hedges Advise in $250 Million Eagle Ford Asset Deal
Houston-based Carrizo Oil & Gas, Inc. has completed its acquisition of additional leasehold and producing interests in the Eagle Ford Shale from Eagle Ford Minerals, LLC for $250 million.
Four TX Firms Advise in $50 Billion Williams Partners-Access Midstream Merger
Texas lawyers from Baker Botts, Andrews Kurth, Latham & Watkins and Gibson Dunn are advising on the $50 billion merger between two Oklahoma-based energy master limited partnerships – Williams Partners LP and Access Midstream Partners, LP.
Gibson Dunn Advises in Veterinary Assets Deal
French animal health company Virbac has agreed to acquire major U.S. veterinary products from the global pharmaceutical company, Eli Lilly and Company.
Prominent Healthcare Expert Lisa Genecov Jumps to Norton Rose Fulbright
Genecov will lead the firm’s healthcare transactional practice in Dallas.
Coats Rose Moves to New Digs in Houston
© 2014 The Texas Lawbook. By Brooks Igo – (October 27) – Houston-based Coats Rose recently announced the expansion and relocation of its home office. The firm’s 50-lawyer Houston office
Locke Lord Picks Up Bankruptcy Expert Berry Spears
Spears was formerly the partner-in-charge of Norton Rose Fulbright’s Austin office.
Texas Legal Aid Then and Now
With IOLTA revenues still in the toilet, advocates of legal aid have been forced to seek funding from conservative Texas politicians who once demonized the effort as supporting a liberal agenda. But last week, the Texas Supreme Court and Texas Access to Justice leaders celebrated their success in depoliticizing the issue, which has meant that tens of thousands of low-income Texas could get necessary legal representation.
