January 30, 2015
Weil’s accomplishments representing energy clients were recently profiled by Law360 in a follow-up to its Energy “Practice Group of the Year” Award for 2014. Weil was noted for its ability to tackle private equity and M&A matters for energy companies and industry investors, as well as fund formation, litigation, and bankruptcies, drawing on as many as 70 attorneys in various practice areas across the Firm’s 20 offices worldwide.
Co-managing partner of Weil’s Dallas office, Rodney Moore, added that the Firm has a core group of people there “that have very deep experience and understanding on private equity and M&A matters, and when you couple that with the understanding of the upstream and midstream energy business, we have a very unique group.” At any given time, Moore added, the Firm has 10 to 20 attorneys in its Dallas office focusing on energy clients.
Additionally, the Firm as a whole was recognized for its representation of energy clients in several high profile transactions in 2014. Largest among these transactions was its work in advising Kinder Morgan in its $70 billion deal to buy outstanding shares of its subsidiaries – the largest energy M&A deal since Exxon and Mobil merged in 1999. Other notable representations included PetroLogistics LP, PetroLogistics GP LLC and parent company Propylene Holdings LLC in the $2.1 billion sale of PetroLogistics LP to Koch Industries Inc.’s Flint Hills Resources LLC, and TexStar Midstream Services LP in its merger with Southcross Energy Partners LP to form Southcross Holdings LP.