May 29, 2018
Weil is advising Kinder Morgan, Inc. (KMI) and Kinder Morgan Canada Limited (KML) as U.S. counsel in the C$4.5 billion sale of the Trans Mountain Pipeline system and the expansion project (TMEP) to the government of Canada. KMI has agreed to work with the Government of Canada to seek a third party buyer for the Trans Mountain Pipeline system and TMEP through July 22, 2018. The transaction is expected to close in the third quarter or early fourth quarter of 2018, subject to KML shareholder and applicable regulatory approvals.
The Weil team advising KMI and KML is led by Corporate Chairman and Mergers & Acquisitions partner Michael Aiello and includes M&A associates Andrea Ryken and Elisabeth McMorris (Not Yet Admitted in New York); Public Company Advisory Group partner Adé Heyliger; Tax partner Marc Silberberg; Tax, Executive Compensation & Benefits Co-Chair Paul Wessel; International Arbitration & Trade partner Ted Posner; and Antitrust/Competition counsel Vadim Brusser.