Jump to Navigation
August 21, 2015
HOUSTON – Bracewell & Giuliani LLP successfully defended energy investment bank Mueller Chen & Co LLC (Mueller) in a $46.5 million fraud and breach of contract case in the Fifth Circuit Court of Appeals, which completely affirmed the August 2014 dismissal of all claims against Mueller. Mueller represented Hong Kong-based United Energy Group Ltd. (UEG) in its 2011 acquisition of BP’s oil and gas assets in Pakistan for $775 million. A consulting group, International Energy...
August 18, 2015
DALLAS - Bracewell & Giuliani LLP Partner Shamoil T. Shipchandler has been chosen as the new Regional Director of the Fort Worth Regional Office of the U.S. Securities and Exchange Commission. “Shamoil is a tremendous lawyer and the SEC could not have picked a better leader for the Fort Worth office,” said Bracewell White Collar Practice Leader Marc L. Mukasey. “I am proud to have had him as my partner.” “This appointment is an incredible testament to...
August 11, 2015
HOUSTON – Bracewell & Giuliani LLP represented Kinder Morgan, Inc. (NYSE:KMI) in its signing of a definitive agreement valued at $568 million with Philly Tankers LLC to take assignment of contracts for the construction of four, new 50,000 deadweight-ton, Tier II tankers to be constructed at the Aker Philadelphia Shipyard in Philadelphia.  Kinder Morgan attorneys involved in the transaction include: John M. McCrory(Assistant General Counsel) and Adam S. Forman (Vice President and...
August 7, 2015
HOUSTON – Bracewell & Giuliani LLP is representing Prosperity Bancshares, Inc. (NYSE: PB), the parent company of Prosperity Bank, in connection with Prosperity’s proposed acquisition of Tradition Bancshares, Inc., the parent company of Tradition Bank. Tradition Bank operates seven banking offices in the Houston, Texas area, including its main office in Bellaire, three banking centers in Katy and one banking center in The Woodlands. As of June 30, 2015, Tradition, on a...
August 6, 2015
HOUSTON – Bracewell & Giuliani LLP advised Energy Transfer Partners LP (ETP) regarding the shipper agreements, open season and related regulatory work for a joint venture to construct a crude oil pipeline with Sunoco Logistics Partners L.P. and Phillips 66. The pipeline will connect Phillips and Sunoco terminals in Nederland, Texas, to the Louisiana refinery market. Phillips holds a 40 percent interest in the joint venture, while both Sunoco and ETP hold 30 percent. Sunoco will...
August 3, 2015
HOUSTON – Bracewell & Giuliani LLP and Sale & Quinn PC successfully defend Dr. Alexander Mirtchev and Krull Corporation in Hourani v. Mirtchev in the U.S. Court of Appeals for the D.C. Circuit. In the July 31, 2015 decision, the Court’s Opinion affirmed the District Court’s dismissal of the Houranis’ complaint with prejudice. Bracewell & Giuliani LLP and Sale & Quinn PC issued the following statement following the Court’s Opinion: We are pleased...
July 31, 2015
HOUSTON – Bracewell & Giuliani LLP successfully defended Italian energy giant Eni S.p.A. in a $6.4 billion dispute with Brenham Oil & Gas over an oil concession from the Government of Togo. On July 30, 2015, the First District Court of Appeals completely affirmed in a fifty-six page opinion the dismissal of the case by the 189th Judicial District Court of Harris County, Texas. Brenham Oil, which began negotiations with the Government of Togo prior to Eni, claimed that Eni and a U....
July 30, 2015
HOUSTON –  Bracewell & Giuliani LLP represented Howard Midstream Energy Partners, LLC and its subsidiary, Maverick Terminals, in the acquisition of a majority interest in the GT Omniport Terminal from GT Logistics. The transaction closed on July 29, 2015. GT Omniport is strategically located in Port Arthur, Texas, near numerous refineries, chemical plants and pipelines. The facility features 450 acres of land, eight miles of rail including a unit-train loop track and railcar...
July 29, 2015
HOUSTON – Bracewell & Giuliani LLP represented Vision Bank - Texas in its acquisition by Texas Bank and Trust Company. The transaction closed on July 24, 2015. Vision Bank - Texas, a Richardson-based independent community bank, reported assets totaling $179.5 million, total loans of $131.9 million and total deposits of $160.9 million, as of December 31, 2014. Bracewell attorneys working on the transaction include: Partners: Justin M. Long and Scott C. Sanders Associates: Elizabeth B....
July 22, 2015
HOUSTON – Bracewell & Giuliani LLP is proud to welcome Leslie M. Hansen to the firm as counsel in the energy practice. With more than 15 years of experience as an energy commodity trading attorney, Hansen has handled all aspects of structuring, documenting and negotiating various financial derivative and physically settled products, with an emphasis on energy commodities. She has experience in developing and negotiating industry standard and bespoke trading documentation, as well as...
July 21, 2015
HOUSTON –  Bracewell & Giuliani LLP is representing Talen Energy Corporation in an agreement to acquire MACH Gen, LLC, which owns more than 2,500 megawatts of combined-cycle, natural gas-fired generating capacity, for $1.175 billion inclusive of any assumed debt, subject to customary purchase price adjustments. The acquisition will increase Talen Energy’s total generating capacity to 17,600 megawatts, before the required sale of about 1,300 megawatts to meet a Federal...
July 13, 2015
HOUSTON – Bracewell & Giuliani LLP is representing Alinda Capital Partners and its co-seller in a definitive agreement to sell SourceGas Holdings LLC to Black Hills Corp. for $1.89 billion. SourceGas operates four regulated natural gas utilities serving approximately 425,000 customers in Arkansas, Colorado, Nebraska and Wyoming and a 512-mile regulated intrastate natural gas transmission pipeline in Colorado. The agreement is for total consideration of $1.89 billion, including...
July 2, 2015
HOUSTON – Bracewell & Giuliani LLP represented the Conflicts Committee of the Board of Directors of VTTI Energy Partners GP, LLC, the general partner of VTTI Energy Partners LP, in VTTI Energy Partners’ acquisition of a 6.6 percent interest in VTTI MLP B.V. for $75 million. For more information, please click here. Bracewell attorneys working on the transaction included: Partners: William S. Anderson, Darren Spalding, Gregory M. Bopp and Jason B. Hutt Associates: Robert W.C....
July 2, 2015
HOUSTON – Bracewell & Giuliani LLP represented Veritex Holdings, Inc., the parent holding company of Veritex Community Bank, in its acquisition of IBT Bancorp, Inc. The transaction was announced in March and closed on July 1, 2015. IBT was the parent holding company of Independent Bank of Texas, a state chartered full service commercial bank with total assets of $121 million, total loans of $99 million, and total deposits of $104 million at March 31, 2015. Veritex issued approximately...
July 1, 2015
HOUSTON – Bracewell & Giuliani LLP represented Evercore, financial advisor to the Conflicts Committee of the Board of Directors of Shell Midstream GP LLC, the general partner of Shell Midstream Partners, L.P., regarding the acquisition of a 36 percent interest in Poseidon Oil Pipeline Company L.L.C. from Shell Oil Products U.S. for $350 million. For more information, please click here. Bracewell attorneys working on the transaction included: Partners: William S. Anderson Associates:...
June 23, 2015
HOUSTON – Bracewell & Giuliani LLP Partner Marcy E. Kurtz was the recipient of the 2015 State Bar of Texas Bankruptcy Pro Bono Award. The award was presented on May 28, 2015 at the State Bar of Texas 11th Annual Bankruptcy Bench Bar Conference. Kurtz leads Bracewell’s pro bono efforts, helping to increase the firm’s focus on pro bono work and diversifying the cases handled. Her work has led Bracewell to represent several clients, including the Nationals Veterans Legal...
June 17, 2015
HOUSTON (June 17, 2015) – Bracewell & Giuliani LLP advised Venoco, Inc. in a new $75 million term loan facility with Deutsche Bank AG. The facility was fully drawn at closing and matures in December 2017, but is subject to acceleration in certain circumstances. Venoco used the proceeds from the new facility to repay all amounts outstanding under its prior term loan facility entered into in April 2015, and the prior facility was then terminated. Bracewell also advised Venoco in...
June 15, 2015
HOUSTON (June 15, 2015) – Today, the Supreme Court of the United States decided in favor of Bracewell & Giuliani LLP’s client, ASARCO LLC, in Baker Botts LLP, et al. v. ASARCO LLC, No. 14-103. In a 6-3 ruling, the Supreme Court held that Section 330(a) of the U.S. Bankruptcy Code does not authorize bankruptcy professionals to recover fees they incur in litigating over their underlying fee requests. The decision denies the attempt to obtain more than $7 million in such...
June 12, 2015
Bracewell & Giuliani LLP’s Washington D.C. office raised $15,810, which translates into 39,597 meals, for the Capital Area Food Bank during the Food From the Bar campaign. Bracewell was the overall winner among medium-sized firms and was honored as the “Best All-Around” campaign. Food From the Bar is a month-long campaign lasting from May 1-29 that challenges the legal community to donate the most food and funds to Capital Area Food Bank. This year was the most successful...
June 11, 2015
Bracewell & Giuliani LLP represented Global Infrastructure Partners (GIP), its second fund, Global Infrastructure Partners II, and affiliated funds, in a strategic joint venture with Hess Corporation (Hess; NYSE: HES). GIP will acquire 50% interest in Hess Infrastructure Partners (Hess Infrastructure), the owner of Hess’s midstream crude oil and natural gas infrastructure assets in the Bakken Shale. The purchase price for the transaction is $2.675 billion and is expected to be...
June 5, 2015
HOUSTON – Bracewell & Giuliani LLP Associate Amanda K. Edwards was selected winner of the Future Leader (Private Practice) award at the 2015 Chambers Women in Law Awards, USA, which took place on June 2 at The Harvard Club in New York City. Edwards was chosen from a prestigious list of eight nominees that were shortlisted in this category. Nominations came from both peers and the research of the Chambers Global Diversity Editor. Every category was closely competed on with an...
June 3, 2015
HOUSTON – Bracewell & Giuliani LLP had 23 practices recognized and 55 of the firm’s attorneys recommended in the 2015 rankings released today by Legal 500 USA. Partners Evan D. Flaschen (Corporate Restructuring: Including Bankruptcy) and G. Alan Rafte (Energy: Transactions) were both recognized as Leading Lawyers, the top designation awarded by Legal 500. The firm was highlighted in the following categories: Bank Lending (including other sources of financing) (Tier 4)...
June 1, 2015
Bracewell & Giuliani LLP announced today that Alan D Albright has re-joined the firm’s Austin office as a partner. Albright, who is a highly respected IP litigator, returns after a year at Sutherland Asbill & Brennan LLP. Albright, a former United States Magistrate Judge in Austin, adds senior trial experience to Bracewell’s national IP litigation practice. “I’m glad to be coming home to Bracewell and its Austin office,” said Alan D Albright. Albright has...
June 1, 2015
Bracewell & Giuliani LLP represented Community Bancorporation of New Mexico, Inc., the parent company of Community Bank, Santa Fe, New Mexico, in a definitive merger agreement with Heartland Financial USA, Inc. According to the agreement Heartland will acquire Community Bancorporation in an all cash transaction valued at approximately $11.3 million. Under the terms of the merger agreement, Community Bank will be merged into Heartland’s New Mexico Bank & Trust subsidiary....
May 26, 2015
HOUSTON, Texas – Bracewell & Giuliani LLP announced today that Douglas I. Koff has joined the firm’s New York office as a partner in their broker-dealer practice. Koff joins the firm from the New York office of Paul Hastings LLP. Koff strengthens an already robust broker-dealer practice headed by Julian Rainero (regulatory and compliance) and Craig Warkol (enforcement). Although many New York firms have one or two attorneys that focus on broker-dealer regulatory matters, only a...
May 22, 2015
Bracewell & Giuliani LLP represented Arabia Trading & Consulting Company in the project development and financing of the Arabia One project, one of seven solar photovoltaic (PV) projects in Jordan called the “Seven Sisters” which are located in Ma’an and which are collectively financed by International Finance Corporation (IFC), amongst other lenders. The project is part of Round 1 of the Government of Jordan’s Renewable Energy Program that aims to increase...
May 20, 2015
Bracewell & Giuliani LLP represented ConocoPhillips in a $2.5 billion public offering of senior notes. The offering consisted of two series of floating rate notes and three series of fixed rate notes, ranging in maturity from 3 to 10 years. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mitsubishi UFJ Securities (USA), Inc. and RBC Capital Markets, LLC acted as joint book-running managers in the offering. Bracewell attorneys involved in this...
May 19, 2015
HOUSTON – Bracewell & Giuliani LLP had 23 practices and 56 attorneys recognized by Chambers & Partners in their Chambers USA 2015 guide released today. The firm featured six Band 1 attorneys and three Band 1 practices – Texas Banking & Finance, Nationwide Energy: Oil & Gas (Regulatory & Litigation) and Texas Outsourcing. Bracewell’s finance practice is the only one to receive a Band 1 designation in the Texas Banking & Finance table. The following...
May 18, 2015
[video] The Association of Rice Alumni recognized Bracewell & Giuliani LLP Financial Institutions Senior Partner Robert L. Clarke with the Gold Medal, the association’s highest award. Clarke was honored for his service to Rice University at this year’s annual ARA Laureates Dinner held May 16. Clarke, a 1963 economics graduate, served on the Rice Board of Trustees from 2006 to 2010. He was also a member of the ARA Board of Directors and the ARA president on his class reunion...
May 14, 2015
Bracewell & Giuliani LLP served as one of the outside counsels to Noble Energy, Inc. in its acquisition of Rosetta Resources Inc. Noble Energy will acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion. Noble Energy will assume Rosetta’s debt of $1.8 billion, as of March 31, 2015. Noble Energy is an independent energy company with core operations onshore in the United States, primarily in the DJ Basin and Marcellus Shale, Gulf of Mexico,...