Morgan Lewis today announced that Kenneth Komoroski—a lawyer with more than 25 years of experience in environmental compliance, enforcement and litigation, and in the energy industry—has joined the firm, resident in Pittsburgh and Southpointe. He will be joined by a team of associates.
Tags: Morgan, Lewis & Bockius LLP
SRZ advised global investment firm Marlin Equity Partners in its $891 million all-cash acquisition of Illinois-based Tellabs, an industry-leading supplier of networking solutions. The deal, which was announced October 21 and is expected to close later in the fourth quarter of 2013, requires Marlin to commence a tender offer to acquire all outstanding shares of Tellabs’ outstanding common stock by Nov. 1, 2013. Promptly after the closing of the tender offer, Marlin will acquire any shares not tendered in the tender offer (other than shares for which appraisal is properly sought under applicable law) through a second-step merger at the same cash price as paid in the tender offer. The deal is among the first tender offers to use the new Delaware 251(h) statute which facilitates “two step” mergers by permitting parties entering into tender or exchange offers to “opt in” and thereby eliminate the need for stockholder approval on the second step of the merger.
Tags: Schulte Roth & Zabel LLP
Mayer Brown JSM today announced that Gabriela Kennedy has joined the firm and will lead the IP & TMT group in Asia. She will be based in Hong Kong.
Tags: Mayer Brown LLP | Hong Kong
Michael Wigmore, the former co-chair of Bingham McCutchen’s Environmental, Land Use and Natural Resources Group, has joined Vinson & Elkins LLP as a partner in its Environmental Practice Group. V&E’s deep ties and long-standing history serving the energy industry and natural resources clients will allow Michael to extend the reach of his nationally recognized practice serving energy clients.
Tags: Vinson & Elkins LLP
On October 21, 2013, Plains GP Holdings, L.P. closed its $2.82 billion initial public offering of 128,000,000 Class A shares representing limited partner interests at $22.00 per share. The shares are listed on the New York Stock Exchange (NYSE) under the symbol “PAGP.”
Tags: Baker Botts L.L.P. | HoustonOn October 21, 2013, Devon Energy Corporation (NYSE:DVN) (“Devon”), Crosstex Energy, Inc. (NASDAQ: XTXI) and Crosstex Energy, L.P. (NASDAQ: XTEX) (collectively “Crosstex”) announced the signing of definitive agreements to combine substantially all of Devon’s U.S. midstream assets with Crosstex’s assets to form a new midstream business.
Tags: Baker Botts L.L.P. | Dallas
On October 20, 2013, Crown Castle International Corp. and AT&T Inc. announced that they have entered into a definitive agreement pursuant to which Crown Castle will acquire rights to approximately 9,700 AT&T towers for US$4.85 billion in cash at closing, subject to certain limited adjustments. Cravath represented Crown Castle in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New York
The global law firm Jones Day has announced that Javade Chaudhri has rejoined the Washington Office as a partner in the Global Disputes Practice. Formerly a corporate and legal executive at Sempra Energy and Gateway, Inc., he will advise broadly on disputes, transactions, and governance issues.
Tags: Jones Day
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC and Union Bank, N.A., as joint lead arrangers, Wells Fargo Securities, LLC, as sole bookrunner, and Wells Fargo Bank, National Association, as the administrative agent, in connection with a $1,000,000,000 senior secured amended and restated credit agreement for Segundo Navarro Drilling, Ltd.
Tags: Paul Hastings, LLP | Houston