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.
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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 | HoustonPaul Hastings LLP, a leading global law firm, announced today that it represented Infinity World Development Corp., a wholly owned subsidiary of Dubai World, in connection with a successful $1.78 billion refinancing package for CityCenter Holdings, LLC, a 50/50 joint venture of Infinity World and MGM Resorts International.
Tags: Paul Hastings, LLP | Silicon ValleyPaul Hastings LLP, a leading global law firm, announced today that it represented private equity firm Ventura Capital Privado, S.A. de C.V in its successful takeover of Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO), a facilities-based telecommunications provider. The takeover, led by Ventura on behalf of a group of investors, was accomplished through a simultaneous public tender offer for the shares of Maxcom in Mexico and an SEC registered tender offer in the U.S. The takeover was conditioned on a complete reorganization of Maxcom’s capital structure which was accomplished by the filing of a prepackaged Chapter 11 bankruptcy plan in Delaware. The U.S. bankruptcy filing was needed to compel all of the holders of Maxcom’s internationally traded bonds to agree to the terms of the restructuring. In the restructuring, Maxcom’s existing bondholders were issued new bonds.
Tags: Paul Hastings, LLP | New York
Global law firm Eversheds has announced today the expanse of its Middle East operations with the opening of a second office in Iraq, located in Erbil, Kurdistan Region.
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