Blank Rome Adds Business Transactions Attorney in Houston

Blank Rome LLP is pleased to announce that John Adkins has joined the Firm as a Partner in the Finance, Restructuring, and Bankruptcy group. Mr. Adkins represents clients in business transactions, including banking, real estate, and corporate matters. He is based in the Firm’s Houston office.

“With Houston’s continued expansion as a hub of economic growth and opportunity, John’s experience working with local businesses and financial institutions will be an excellent complement to our expanding Houston office and the Firm,” said Alan J. Hoffman, Chairman and Managing Partner. “As a former general counsel, John also brings valuable perspective that will enhance our ongoing commitment to excellence in client service.” More >>

Tags:  Blank Rome LLP | Houston

Firm Represents Lenders in Chesapeake’s $4 Billion Credit Facility

Simpson Thacher represented the lenders, led by MUFG Union Bank, N.A. and Wells Fargo Bank, National Association, in connection with Chesapeake Energy Corporation’s (NYSE: CHK) five-year, $4 billion senior unsecured revolving credit facility. The new facility replaces the existing $4 billion senior secured revolving credit facility that was scheduled to mature in December 2015. The aggregate commitments may be increased up to an additional $1 billion, and the new credit agreement matures December 15, 2019 with two one-year extension options, which are subject to lender approval and certain customary provisions. More >>

Tags:  Houston

King & Spalding Advises on $8.1 Billion Petrochemical Complex in Louisiana

King & Spalding advised Sasol Chemicals (USA) LLC in the development of an engineering, procurement and construction management contract with Fluor and Technip for a world-scale petrochemical complex near Lake Charles, Louisiana. King & Spalding also is advising Sasol on a suite of local and international engineering and construction contracts for the project. More >>

Tags:  King & Spalding LLP | Houston

Vorys Continues Growth in Houston; Welcomes Nine Litigators

Vorys, Sater, Seymour and Pease LLP announced today that nine trial lawyers, with diverse civil litigation backgrounds, will join the firm’s Houston office. The attorneys will start at the firm on January 5. Their arrival continues the firm’s expansion in Houston and strengthens Vorys nationally recognized litigation and energy groups.

Dick Schwartz, Monica Oathout, David Finck, Phillip Bechter, Steve Rech and Heather Kabele will join Vorys as partners. Jim Marrow will join as of counsel, and Mark Merrell and Jim Barnish come to the firm as associates. All nine lawyers most recently practiced law at Schwartz, Junell, Greenberg & Oathout LLP in Houston. More >>

Tags:  Vorys, Sater, Seymour and Pease LLP | Houston

Kirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company

Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock. More >>

Tags:  Kirkland & Ellis LLP | Chicago | Houston | Los Angeles | New York | Palo Alto | San Francisco | Silicon Valley | Washington

Baker Botts Represents The Energy & Minerals Group in $460 Million Investment in American Energy Minerals Holdings, LLC

On November 26, 2014, an affiliate of The Energy & Minerals Group, LP (“EMG”) closed on its $460 million equity commitment to American Energy Minerals Holdings, LLC (“AEMN”), an affiliate of American Energy Partners, LP, representing a 92% interest in AEMN. AEMN was formed to pursue a business plan focused on the acquisition of minerals and overriding royalty interests (“ORRIs”) across targeted high-return onshore basins in the United States. An aggregate of $350 million was funded at the initial closing, which will be used to acquire 28,000 net mineral acres and 29,000 acres of ORRIs across the Utica, Marcellus, Woodford and Permian Basin plays as well as to provide AEMN with initial working capital. More >>

Tags:  Baker Botts L.L.P. | Austin | Houston

Bracewell Represents Kinder Morgan, Inc. in Closing of KMP, KMR and EPB Acquisition for Approximately $76 Billion in Transaction Value

Bracewell & Giuliani LLP is representing Kinder Morgan, Inc. (NYSE: KMI) in connection with the completion of its acquisition of the outstanding equity securities of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Kinder Morgan Management, LLC (NYSE: KMR), and El Paso Pipeline Partners, L.P. (NYSE: EPB) for approximately $76 billion in total transaction value. The transaction was initially announced on August 10, 2014. More >>

Tags:  Bracewell LLP | Houston