Bracewell Represents Evercore Partners in Cheniere Energy Partners’ Acquisition of Cheniere Creole Trail Pipeline and $500 Million Issuance of Units

Bracewell & Giuliani LLP is representing Evercore Partners, advisor to the Conflicts Committee of the Board of Directors of Cheniere Energy Partners, L.P., in the partnership’s $480 million acquisition of Cheniere Creole Trail Pipeline, L.P. from Cheniere Energy, Inc. and in the sale of $500 million newly issued Class B PIK Units to Cheniere Energy, Inc.

More >>

Tags:  Bracewell LLP | Houston

McDermott Adds Antitrust Firepower in Houston

International law firm McDermott Will & Emery today announced that one of the nation’s leading antitrust attorneys, Allan Van Fleet, will join the Firm as a partner in Houston as a member of its Antitrust & Competition Practice Group. Mr. Van Fleet and associate Nicholas G. Grimmer join McDermott from the Houston office of an AmLaw 10 law firm. The two will join McDermott partner and former Department of Justice Antitrust Division Deputy Assistant Attorney General Alison Smith and her team in Houston, a “go-to” antitrust firm in Texas.

More >>

Tags:  McDermott Will & Emery LLP | Houston

Seventeen Institutional Investors Obtain Agreement From ResCap Debtors to Stipulate to $8.7 Billion Allowed Claim for RMBS Trusts in ResCap Bankruptcy

Today, seventeen institutional investors (RMBS Holders) represented by Gibbs & Bruns LLP and Ropes & Gray LLP announced they had achieved an agreement with Residential Capital LLC and its affiliated debtors (Debtors) to grant an $8.7 billion allowed claim to 392 residential mortgage backed securities trusts (the “Covered Trusts”) issued by affiliates of the Debtors during the period from 2004 to 2008. The RMBS Holders hold, or manage investments for holders of, more than $13 billion in outstanding RMBS securities issued by over 350 of the Covered Trusts.

More >>

Tags:  Houston

Akin Gump Expands Global Transactions Team with Three Leading Energy Partners

Leading international law firm Akin Gump Strauss Hauer & Feld LLP has added three leading energy industry partners to its transactions practice across its London and Houston offices. John C. LaMaster and Marc Hammerson have joined the firm in London, and Steven Otillar has joined the firm in Houston. All three partners focus on cross-border energy transactions.

More >>

Tags:  Akin Gump Strauss Hauer & Feld LLP | Houston

Andrews Kurth Helps AEI and Pattern Energy Group LP Close $245 Million Project Financing for Construction of Largest Wind Farm in Chile

As part of Andrews Kurth’s long tradition in Latin American energy, Andrews Kurth LLP (Andrews Kurth) served as primary development counsel and primary finance counsel to international energy companies, AEI and Pattern Energy Group LP(Pattern), for the $245 million development and financing of Parque Eólico El Arrayán SpA’s 115 MW wind power project. The project, which is located on the Pacific ocean about 250 miles northeast of Santiago, is jointly owned by AEI, Pattern and Antofagasta Minerals SA (AMSA).

More >>

Tags:   | Houston