Texas M&A Dealmakers in 2019: Kirkland & Everyone Else (updated)

In a year when mergers, acquisitions and joint ventures in Texas are down significantly, lawyers at Kirkland & Ellis are actually expanding their position as the go-to M&A law firm for businesses in the state. M&A activity declined or was stagnate at 17 of the top 30 corporate law firms during the first nine months of this year, according to Mergermarket. Five firms are down double-digits in deal count from 2018. Kirkland is the only firm in the top 30 up double-digits. The Texas Lawbook has the details.

October 14, 2019 Mark Curriden

M&A Down Substantially in Texas in Q3

While the deal count stayed above 200 in the third quarter, it was the lowest level over a 12-year period since the second quarter of 2013. Observers blame trade wars and economic concerns as the culprits.

October 7, 2019 Mark Curriden & Makenna Brooks

CDT Roundup: 19 Deals, 18 Firms, 132 Lawyers, $8.1B

Global M&A activity looks pretty sickly so far this year, falling 11% to $2.8 trillion – the slowest pace in more than two years, according to Refinitiv. But conditions may be turning around, with dealmaking among Texas lawyers hopping last week. Claire Poole reports.

October 2, 2019 Claire Poole

Latham, V&E Advise on Roan Resources’ $1B Purchase by Warburg-backed Citizen

The offer represents a 24% premium for Roan, which was born out of the bankruptcy of Linn Energy and will be led by a former Linn executive.

October 1, 2019 Claire Poole

Gibson Dunn Advises SK Innovation on $1.05B Peruvian Gas Field Sale to Pluspetrol

The South Korean seller plans to use the proceeds to diversify into other energy sectors and expand in Asia and North America.

September 30, 2019 Claire Poole

Locke Lord, Orrick Assist on NextEra’s Purchase of Meade Pipeline from Cabot, Others for $1.37B

The transaction – which includes $90 million for expansion – comes as Appalachia's Marcellus Shale continues to lack pipeline capacity to carry natural gas to market.

September 30, 2019 Claire Poole

The Deals, The Law Firms, The Lawyers

Our expert team has examined every transaction recorded by the Corporate Deal Tracker – there were thousands of them handled by Texas lawyers in 2018 and 2019. This article details how The Lawbook plans to unveil the findings.

September 27, 2019 Mark Curriden

CDT Roundup: 14 Deals, 16 Firms, 66 Lawyers, $6.3B

Despite rising valuations, investors remain giddy about private equity, with 40% of those surveyed saying they planned to commit more capital to the asset class and 68% looking to target small to mid-market buyout funds. Claire Poole reports on that plus dealmaking involving Texas lawyers last week.

September 24, 2019 Claire Poole

CDT Roundup: 15 Deals, 12 Firms, 56 Lawyers, $23.8B

Activist investors hit one of Texas’ largest companies and dealmaking value reached high numbers thanks to one law firm’s advice to a new real estate fund, the largest ever.

September 17, 2019 Claire Poole

Latham, Kirkland Advise on Energy Transfer’s $5.1B Acquisition of SemGroup

Analysts say the acquisition represents a sharp reversal from Energy Transfer’s recent messaging on portfolio management, capital discipline and accelerated deleveraging.

September 16, 2019 Claire Poole