Bracewell Advises Kinder Morgan Energy Partners in $5 Billion Acquisition of Copano Energy

Wednesday, January 30, 2013

Bracewell & Giuliani LLP is representing Kinder Morgan Energy Partners, L.P. (NYSE: KMP) in its announced agreement to acquire Copano Energy, L.L.C. (NASDAQ: CPNO), a midstream natural gas company with operations primarily in Texas, Oklahoma and Wyoming. KMP will acquire all of Copano’s outstanding units for a total purchase price of approximately $5 billion, including the assumption of debt. The transaction will be a 100 percent unit for unit transaction with an exchange ratio of 0.4563 KMP units per Copano unit.

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Tags:  Bracewell LLP | Houston

White & Case – Cukurova Wins Long-Running Litigation Over US$2 Billion Turkcell Shares

Wednesday, January 30, 2013

Global law firm White & Case LLP has secured an important victory for its client, Turkish conglomerate Çukurova Holding A.Ş., in its long-running dispute with Russia’s Alfa Group concerning share ownership of Turkey’s largest mobile telephone operator, Turkcell. The proceedings began almost six years ago in the courts of the British Virgin Islands and relate to a 13 percent holding in Turkcell, currently valued at approximately US$2 billion. The Privy Council (the final court of appeal from the British Virgin Islands) today delivered its judgment in favour of Çukurova.

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Grant & Eisenhofer Launches Consumer Class Action Practice, Led by Prominent Litigator Adam J. Levitt; Firm Opens Chicago Office

Wednesday, January 30, 2013

Leading shareholder and corporate governance law firm Grant & Eisenhofer P.A. has launched a national consumer class action litigation practice led by prominent Chicago-based litigator Adam J. Levitt. Mr. Levitt, who joins G&E as a director, will also head the firm’s newly opened Chicago office, which is expected to add more lawyers in 2013. Mr. Levitt was previously a partner with Wolf Haldenstein in Chicago.

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BakerHostetler Advises Denbury Resources in $1.2 Billion Debt Offering

Wednesday, January 30, 2013

In a noteworthy capital markets transaction, law firm BakerHostetler has advised CO2 enhanced oil recovery leader Denbury Resources in a $1.2 billion debt offering. The 10 ½ -year, senior subordinated notes were priced to yield 4.625 – according to the underwriters, that represents the lowest yield on record for a non-investment grade subordinated notes offering. The sale is expected to close on February 5.

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