© 2013 The Texas Lawbook.
By Mark Curriden
Senior Writer for The Texas Lawbook
Texas corporate lawyers from Locke Lord, Andrews Kurth, Latham & Watkins and Akin Gump are playing significant roles in Dallas-based Regency Energy Partners’ recently announced $1.5 billion acquisition of Southern Union Gathering Co.
Regency is offering cash and stock in its purchase of Southern Union, which includes a 5,600-mile gathering system and processing and treating facilities in west Texas as well as New Mexico for natural gas and natural gas liquids.
Southern Union is jointly owned by Dallas-based Energy Transfer Equity and Energy Transfer Partners.
Regency, which is a master limited partnership engaged in the gathering and processing, contract compression, contract treating and transportation of natural gas as well as the transportation, fractionation and storage of natural gas liquids, said its acquisition of Southern Union will significantly expand its presence in the Permian Basin, one of the most productive oil and liquids-rich basins in North America.
Locke Lord Dallas partner Van Jolas and Houston partner Dan Fleckman are leading the team advising Regency. Other Locke Lord lawyers involved in the transaction are Houston partners Mitch Tiras and Ed Razim and Dallas senior counsel Jeff Wallace.
ETE turned to Latham & Watkins partners William Finnegan IV, Sean Wheeler, Timothy Fenn, and Craig Kornreich in Houston as its legal advisers.
Andrews Kurth partner Mike O’Leary of Houston is leading a team representing Southern Union. Other AK partners George Vlahakos, Kay Lynn Brumbaugh, Lee McMurtry, Robert McNamara, Brooks Antweil, Chris Porter and Alison Chen are working on the deal.
Akin Gump Houston partner Christine LaFollette is advising Regency’s conflicts committee.
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