Vinson & Elkins LLP > Washington DC, United States > Firm Profile

Vinson & Elkins LLP
2200 PENNSYLVANIA AVENUE NW
SUITE 500 WEST
WASHINGTON, DC 20037-1701
United States

Industry focus > Energy regulation: oil and gas Tier 1

Vinson & Elkins LLP's energy regulatory practice is well known for representing companies in the natural gas and LNG sectors. The group’s ‘excellent attorneys’ advise on major infrastructure projects, handling the gamut of regulatory and related appellate work, as well as high-profile pipeline rate cases filed at FERC. Other areas of expertise include presidential permit applications, tariffs, abandonment, gas quality proceedings and audits. Based in Houston, practice co-head Jay Seegers represents clients in administrative litigation, with a particular focus on economic regulation while in Washington DC, fellow practice head Anita Wilson handles proceedings before all state and federal agencies. Clients praise the practice for being ‘best in their class', with Houston-based duo Damien Lyster and Suzanne Clevenger, and Washington DC-based Andrew Beach and John Decker all additional names to note.

Practice head(s):

Jay Seegers; Anita Wilson

Other key lawyers:

Testimonials

The V&E Energy Regulatory team has a deep bench, who is very knowledgeable of the industry and is very prompt in responding to client inquiries–they are best in their class.’

V&E consistently has excellent attorneys in this area and in all other areas.’

V&E has been responsive and dedicated to the client’s concerns.’

The firm’s energy regulation practice is rightly renowned both on a Texas state level and a federal level. In both of those fields, V&E has consistently provided me with thorough, solutions-focused support, from soup to nuts, in the development, construction and operation of multiple large infrastructure projects.’

In addition to the energy regulatory practice itself, the firm benefits from having a top-class energy transactional and projects-oriented group.’

I work a lot with Jay Seegers, Suzanne Clevenger and Andy Beach. They are all very knowledgeable and experienced lawyers in this area and are very prompt in responding to my questions.’

Damien Lyster is extremely quick to understand the commercial drivers for transactions and projects, with the skill to home in on the salient regulatory issues, and a strong ability to right-size the response to any issue or question so that the client receives exactly the level of detail they need.’

Key clients

New Fortress Energy

Enable Midstream Partners / Enable Gulf Run Pipeline

Linn Operating / Linn Energy

Marathon Oil Corporation

Jordan Cove Energy Project

Antero Resources

TC PipeLines

Plains All-American Pipeline

Spire Storage West

Sabal Trail Transmission

Enbridge/Valley Crossing Pipeline

PennEast Pipeline Company

Energy Transfer Partners

Adelphia Gateway

Enbridge/Texas Eastern Transmission

Enbridge/Algonquin Gas Transmission

Enbridge/ East Tennessee Natural Gas

Enbridge/Mississippi Canyon Gas Pipeline

Maritimes & Northeast Pipeline

Gulfstream Natural Gas System

Alliance Pipeline

Riverstone Energy

Enbridge / Rio Bravo Pipeline Company

Jefferson Gulf Coast Energy Partners

Leaf River Energy Center

Work highlights

  • Assisting New Fortress Energy with all aspects of the development of an LNG export project that will liquefy natural gas in Wyalusing, PA, transport it by truck or rail to a port in New Jersey and load the LNG onto tankers for export.
  • Assisting New Fortress Energy with all aspects of the development of multiple small-scale LNG import and power generation projects in Jamaica, including a floating regasification and storage unit, a new gas-fired power plant, conversion of a diesel power plant to natural gas, and onshore natural gas infrastructure.
  • Advising New Fortress Energy on all aspects of the development of several energy infrastructure projects in Puerto Rico, including obtaining authorization to operate the plant from FERC, the construction of a micro fuel handling facility in the port of San Juan, the conversion of a diesel-fired power plant to natural gas, and facilities to truck LNG to industrial users and microgrids.

Industry focus > Energy: renewable/alternative power Tier 1

Boasting an impressive track record in renewable and clean energy power generation and electric transmission projects in the United states and internationally, Vinson & Elkins LLP showcases strength across wind, solar, geothermal, biofuels, carbon capture and storage projects. The team is often called upon by an array of investors, developers, lenders, and suppliers looking for guidance in all steps of the development, financing, acquisition and sale of renewable projects. Advising traditional energy clients  in their investments in or adoption of cleaner energy sources is a growing area of focus for the department. Houston-based John B. Connally IV  and Kaam Sahely , who splits his time between Houston and Austin, jointly head up the department. Sahely is regularly engaged by investors and developers in relation to large-scale projects and transactions involving renewable and sustainable energy assets. The renewables group was significantly boosted by the addition of a preeminent renewable energy finance team from Wilson Sonsini Goodrich & Rosati. Michael Joyce, whose areas of expertise cover wind, solar and storage issues, and Lauren Collins, who has helped develop some of the most complex renewable energy financing transactions in the market joined the Los Angeles office. Recent arrivals also include Aaron Prince in New York and Austin-based Sean Moran, who brings together knowledge in technology and power generation matters. Peter Marshall is a key attorney in Dallas for private equity funds and financial sponsors, while Danielle Patterson in Houston devotes her time to the energy and infrastructure sectors, advising on M&A, and project development.

Practice head(s):

John B. Connally IV; Kaam Sahely

Other key lawyers:

Key clients

8 Rivers Capital, LLC

Wells Fargo

IFM Investors Pty Ltd. / Buckeye Partners

Goldman Sachs Asset Management, L.P. / Goldman Sachs Renewable Power

Blackstone Alternative Credit Advisors

JPMorgan Capital Corporation

Terra-Gen

Morgan Stanley

Citibank

Siemens Financial Services

RBC Bank

Union Bank

Soft Bank

Work highlights

  • Advising 8 Rivers Capital, LLC, (8 Rivers) in connection with two clean energy projects.
  • Advised Wells Fargo on its approximately $350m tax equity commitment in a 485 MW solar project in Spotsylvania County, Virginia, which is the largest solar facility east of the Rocky Mountains.
  • Advised Buckeye Partners,  and Nala Renewables in connection with their acquisition of a majority interest in Swift Current Energy.

Industry focus > Energy transactions: oil and gas Tier 1

Combining ‘great experience and expertise, strong knowledge of the energy industry and ability to handle highly-complex transactions’, Vinson & Elkins LLP’s oil-and-gas practice draws from the firm’s strength in tax, environmental and regulatory law. With substantial cross-border experience, the group advises clients including producers, developers, midstream companies, oilfield-services companies, banks, regulatory commissions, contractors, fuel suppliers, private equity investors and hedge funds on matters the length of the hydrocarbons value-chain. The practice is led by three co-heads: John Connally, who handles the spectrum of domestic and international upstream and midstream M&A, joint ventures and development transactions; Kaam Sahely, whose experience covers renewable and sustainable energy-assets, power generation, traditional hydrocarbons’ and infrastructure assets; and Keith Fullenweider, who advises private equity firms and their portfolio companies on investments, financings and exit transactions. Other key names in the practice are transactional lawyer Bryan Loocke and Danielle Patterson, who focuses on the energy and infrastructure industries. All named individuals are based in Houston.

Practice head(s):

John Connally; Kaam Sahely; Keith Fullenweider

Other key lawyers:

Testimonials

‘Everyone on the team has outstanding knowledge of the legal issues affecting our transactions, along with outstanding knowledge of market terms for transactions involving our industry.’

‘They are very intelligent, very hardworking, excellent negotiators and well aware of the terms for transactions in our industry.

‘Great experience and expertise, strong knowledge of the energy industry and ability to handle highly complex transactions.

‘Extremely knowledgeable and creative. On the forefront of deal developments. Very practical in providing advice.

Key clients

Antero Resources Corporation

Blackstone Energy Partners and Blackstone Capital Partners

Caerus Oil and Gas LLC

The Carlyle Group, L.P.

Charger Shale Oil Company

Chisholm Oil and Gas, LLC

Devon Energy Corp.

Driftwood LNG LLC and Tellurian Inc.

Energy Transfer Partners

Flywheel Bakken, LLC

Lucid Energy Group II, LLC

Momentum Midstream

Noble Midstream Partners LP

Northwoods Energy LLC

Oasis Petroleum LLC

Osaka Gas Co.; Osaka Gas USA Corporation

Pioneer Natural Resources USA, Inc.

Plains All American Pipeline

Quantum Energy Partners

Riverstone Holdings L.L.C.

Rosehill Resources, Inc.

SandRidge Energy, Inc.

Select Energy Services, Inc.

TPG Capital Management, L.P. and subsidiaries

Unit Corporation

XCL Resources

Work highlights

  • Advised DoublePoint Energy in connection with the sale of its leasehold interests and related assets to Pioneer Natural Resources Company.
  • Advised an affiliate of Talos Energy in connection with its $65m acquisition (cash and stock), of 16 selected assets from affiliates of Castex Energy 2005.
  • Advised funds managed by Oaktree Capital Management on the launch of a partnership with FourPass Energy to acquire and operate large-scale, oil-weighted, productive oil and gas assets.

M&A/corporate and commercial > Shareholder activism Tier 1

The team at Vinson & Elkins LLP is 'innovative in its thinking and seemingly available to its clients 24/7'. It defends boards of public companies against an increasing wave of activism. The work, which is often high-profile, includes proxy contests, vote no campaigns, hostile takeover attempts, merger contests, short attacks, and other activist challenges. The New York-based group is headed up by Lawrence Elbaum and Patrick Gadson. Elbaum has a 'pristine track record of success', due to his experience as a trial lawyer, as well as acting as a business advisor to counsel. Also unique is the group’s approach to D&O liability insurance as a funding mechanism in corporate defense, helping clients recover millions of dollars in fees annually.

Practice head(s):

Lawrence Elbaum; Patrick Gadson

Testimonials

‘The partners and associates are amazing, talented, and reliable. They have an unbelievable work ethic and give outstanding legal advice.’

‘Integrity, dedication, commitment. Outstanding in every respect.’

‘The V&E team, led by Lawrence and Patrick, is a top tier activism defense team. They are innovative in their thinking and seemingly available to their clients 24/7.’

‘Lawrence is incredibly smart and thinks outside the box. He is a great partner and very easy to partner with.’

‘Lawrence Elbaum’s calm, analytical demeanor coupled with astute business acumen makes him my preferred business confidant.’

‘Lawrence’s business judgment and deal-making prowess allows him to balance legal requirements with commercial objectives. With Lawrence, there is no start or stop time, he is constantly accessible. He humbly refers less familiar issues.’

‘I enthusiastically endorse Lawrence Elbaum for his pristine track record of success, ethical leadership, and tireless efforts to solve client problems.’

Key clients

comScore, Inc.

Adamis

Barrett Business Services, Inc.

First United Corporation

Watford

Tetra Technologies, Inc.

Noble Energy

eHealth

AGCO Corporation

Green Plains Inc.

MiMedx Group, Inc.

GameStop Corporation

Turtle Beach Corporation

Velodyne Lidar

Avery Dennison

Trecora Resources, Inc.

Codorus Valley Bancorp

1847 Goedeker

Community Bankers Trust

Evolent Health

Work highlights

  • Represented the board of Gamestop in the defense of a widely publicized short attack by a number of well-known short activist funds.
  • Represented the Board of eHealth, Inc. in the defense of the proxy fight by Starboard Value and the shareholder activism campaign by Hudson Executive.
  • Represented the Board of Directors of Velodyne Lidar in the defense of a proxy fight involving David and Marta Hall.

Finance > Capital markets: high-yield debt offerings

Vinson & Elkins LLP has become a recognised force in high-yield debt, partially due to the increase in energy companies tapping the debt markets. The firm’s growing prominence in private equity, especially energy-sector deals, has given it further prominence in leveraged finance-related transactions. David Stone  is a prolific adviser on high-yield debt transactions, particularly for energy companies and underwriters; he led the team that represented Antero Midstream and Antero Resources in a series of high-yield debt offerings totalling some $3.1bn. Noel Hughes, who split his time between London and New York, has left the firm.

Practice head(s):

Sarah Morgan; David Stone

Other key lawyers:

Noel Hughes

Testimonials

‘David Stone and Doug McWilliams of V&E are unique in being involved in the highest of profile transactions and in their breadth of experience.’

‘David Stone and Doug McWilliams are considered the best in the business. They are involved in almost every transaction, have a long history in the market and are exceptionally smart in the business.’

Key clients

Antero Midstream Corporation

Antero Resources Corporation

Barclays Capital Inc.

Bank of America Securities LLC

BofA Securities, Inc.

Citigroup Global Markets, Inc.

Continental Resources, Inc.

Credit Suisse Securities (USA) LLC

Enviva Partners, LP

Goldman Sachs & Company

Group 1 Automotive, Inc.

J.P. Morgan Securities LLC

Morgan Stanley

Oasis Petroleum LLC

Hilcorp Energy I, L.P.

Range Resources Corporation

RBC Capital Markets

Targa Resources Corp.

Wells Fargo Securities, LLC

Work highlights

  • Advised Antero Midstream Corporation and Antero Resources Corporation in five high-yield debt offerings totaling approximately $3.1bn.
  • Advised Targa Resources Partners LP in two high-yield debt offerings twith a total deal value of $2bn.
  • Advised Continental Resources in connection with its private placement of new 5.75% senior unsecured notes due 2031, which was upsized to $1.5bn in aggregate principal amount from the originally proposed $1bn billion offering.

Finance > Project finance

Vinson & Elkins LLP significantly bolstered its ranks with the addition of New York’s Aaron Prince, Sean Moran in Austin, and the Los Angeles-based duo of Michael Joyce and Lauren Collins in February 2021. The quartet joined from Wilson Sonsini Goodrich & Rosati and provide expertise in tax equity financing, asset-based lending, structured finance and acquisitions in the energy space. Joyce also now leads the practice alongside New York partner Eamon Nolan, who has expertise in a range of energy and infrastructure projects both in the US and Latin America. In addition to financing, the firm is able to call upon complimentary expertise in energy regulation, environmental law, tax, and real estate to provide a full service at all stages of infrastructure projects.

Practice head(s):

Eamon Nolan; Michael Joyce

Other key lawyers:

Mark Brasher; Keith Fullenweider; David Wicklund; Eamon Nolan; Alan Alexander; Aaron Prince; Sean Moran; Lauren Collins

Testimonials

‘The team works well together and provides us with consistent coverage and fast service.’

‘Our primary contact is Alan Alexander who is a fantastic lawyer who is very committed to his clients. Alan is reasonable when it comes to how he treats opposing counsel and how he manages the billing practice which are both commercial considerations that we very much appreciate.’

‘Great team(s) to work with, intelligent and interesting people, good coordination within the team’

‘Fun and energetic people to work with, reliable, pragmatic approach, smart’

 

Key clients

Buckeye Partners

New Fortress Energy

The Macquarie Group

Woodside Energy Ltd.

Energy Transfer Partners LP

IFM Investors Pty Ltd.

The Carlyle Group

Sixth Street Partners

Goldman Sachs

Global Atlantic Financial Group

Blackstone Credit

JPMorgan Capital Corporation

Northstar Terminals LLC

Work highlights

  • Advised Aleática, an IFM Investors portfolio company, n the issuance of a Ps 2.6 trillion ($692m) project bond and bank debt for the financing of the Autopista Río Magdalena 2 highway project.
  • Advised JPM Capital Corporation in its approximately $160m equity commitment to develop the 126 MW Timber Road IV Wind Farm Project in Paulding County, Ohio, and the 50.4 MW Los Mirasoles II Wind Farm Project in Hidalgo and Starr Counties, Texas
  • Advised GSRP in the acquisition and tax equity financing of the 150 MW solar-plus-storage High Desert Solar Project in San Bernardino County, California.

Government > Government contracts Tier 2

Vinson & Elkins LLP’s government contracts group has extensive experience in high-stakes bid protests and claims litigation for a impressive blue-chip client base across the IT, healthcare, construction, aerospace and defence, and professional services industries. Alongside this strong practice, the group is adept at handling complex cost accounting matters, M&A, contract litigation, suspension and debarment proceedings, export control and economic sanctions, False Claims Act suits, and investigations. Offering a multidisciplinary approach across the overall firm’s complementary practices, the public procurement practice is headed by David Johnson, who maintains a focus on litigation. Jamie Tabb is notable in the team, covering all contracting matters and particularly strong in federal contracts. Tyler Robinson is a key name in the group for bid protests and compliance issues. Elizabeth McIntyre is notable for economic sanctions and export controls. Former practice co-head Daniel Graham  left the practice in 2021. All practitioners are based in Washington DC.

Practice head(s):

David Johnson

Testimonials

‘The team at V&E is highly capable and highly motivated. They make me feel as though I’m their only client, which obviously isn’t true. The team is diverse in gender representation. V&E also is sensitive to budget issues and doesn’t run up costs.’

‘Jamie Tabb is one of the finest attorneys I know. He’s responsive, he’s smart, and he’s tireless. I’ve worked with attorneys in other government contracts practices, but none are as effective as Jamie.’

Key clients

Agility Defense & Government Services

ANDE Corporation

BAE Systems, Inc.

Big Ass Fans LLC

Brooks Range Contract Services

Consortium Management Group, Inc.

EmblemHealth, Inc.

Fincantieri USA Inc.

First Coast Service Options, Inc.

FMS Investment Corp.

Group Health Cooperative

HLP Integration

Inmarsat Government, Inc.

Johnson Controls, Inc.

KDHK Inc. d/b/a Allegiance Environmental Services

Lincoln Military Housing

Livanta LLC

Lmi Investors

ManTech International

Maxar Technologies Ltd.

New Fortress Energy LLC

NCI, Inc.

Noridian Healthcare Solutions, LLC

Resolvn, Inc.

SOS International LLC

TexAmericas Center

Theodor Wille Intertrade GmbH

Trax International

VOX Space, LLC

Wisconsin Physicians Service Insurance Co.

Hunt Companies, Inc.

Work highlights

  • Assisting BAE Systems in variety of issues for each of the company’s three U.S. business lines – Intelligence & Security, Electronic Systems, and Platforms & Services.
  • Assisting Johnson Controls, Inc. as the sole preferred provider for government contracts legal services.
  • Assisted a space sector manufacturer in obtaining corrective action in a GAO bid protest involving the award of a $100+ million NASA contract for a DoD weather satellite system.

Industry focus > Energy litigation: oil and gas Tier 2

The litigation team at Vinson & Elkins LLP consists of litigators and appellate lawyers and includes former petroleum engineers, giving the team a unique perspective from which to advise on a broad array of oil and gas issues. The group has experience in disputes relating to shale and hydraulic fracking, as well as oil and gas recovery and transportation, including energy contract disputes and class actions. Practice co-head Jim Thompson has an extensive background in the energy industry; his fellow co-head Matthew Stammel is frequently instructed by oil and gas companies and private equity firms. Nicholas Shum is recommended for his expertise in contract disputes that involve upstream, midstream and oilfield services companies. Head of the firm's appellate practice, Marie Yeates is also a name to note. At associate level, senior Stephanie Noble provides strong support to the team. All named lawyers are based in Houston apart from Stammel, who is based in Dallas.

Practice head(s):

Jim Thompson; Matthew Stammel

Other key lawyers:

Testimonials

V&E has several lawyers with an in-depth understanding of how the oil industry works.’

Key clients

Antero Resources

Denbury Resources

Anadarko

Vitol

Apache Corporation

Magellan Midstream Partners

Gavilan Resources

CNOOC Energy (USA)

Work highlights

  • Successfully represented Gavilan Resources as the plaintiff in a dispute with a defendant operator stemming from a joint development agreement concerning more than 330,000 acres and 1800 wells.
  • Represented Antero Resources as lead counsel in a case involving one of the largest long-term gas supply contracts in the United States.
  • Defending Denbury Onshore in a declaratory judgment and breach of contract action filed against it by MonexCO2.

Industry focus > Environment: regulatory Tier 2

Vinson & Elkins LLP positions itself as one of the go-to firms in the United States for environmental regulatory issues arising under every major environmental statute. The firm is particularly recognised for its capabilities in securing and defending contested air, water and wetlands permits for energy and industrial developments and multi-state projects involving NEPA and federal lands. Besides complex permitting mandates, the practice is also well versed in historical contamination issues and administrative proceedings before the Environmental Protection Agency (EPA). Former Assistant Attorney General (AAG) for the Environment and Natural Resources Division of the U.S. Department of Justice Ronald Tenpas  is a recognised environmental attorney, who concentrates his activity in civil and criminal investigations related to alleged environmental violations and litigation challenging new regulatory provisions. He co-heads the department from Washington DC. Fellow co-leader Larry Nettles  is based in Houston. Other individuals to note in the Houston office include Michael Wigmore , whose permitting experience spans upstream oil and gas development, pipelines, mining and manufacturing facilities, and Matthew Dobbins , who is recommended for environmental litigation, regulation and transactional matters.

Practice head(s):

Larry Nettles; Ron Tenpas

Other key lawyers:

Eric Groten; Michael Wigmore; Patrick Traylor; Matthew Dobbins; Brandon Tuck

Testimonials

‘Amazing. Dobbins Nettles = dream team’

‘Matthew Dobbins – what an incredible lawyer.’

‘The depth of knowledge is what sets Vinson & Elkins apart from other firms. The attorneys are experts, and provide great interaction with clients.’

‘Vinson & Elkins partner Patrick Traylor has done a great job in working with our company. We appreciate Patrick’s knowledge of the subject matter and desire to seek positive outcomes. Patrick does an excellent job.’

Key clients

Adelphia Gateway LLC

Blackstone Energy Partners

Blue Racer Midstream

Bluewing Midstream LLC

Daseke, Inc.

Enable Midstream

Enbridge/Valley Crossing Pipeline LLC

Endeavor Energy Resources, LP

Global Companies, LLC

Goldman Sachs

Greer Capital Corporation

Gulf Coast Ammonia

Jefferson Gulf Coast Energy Partners

Magellan Midstream Partners L.P.

NCS Multistage Holdings, Inc.

Northwoods Energy, LLC

Oasis Petroleum, Inc.

Pembina/Jordan Cove Energy Project

PennEast Pipeline Company, LLC

Popular Bank

Rosehill Resources

San Miguel Electric Cooperative

Sandy Creek Services

Securities Industry and Financial Markets Association (SIFMA)

SemGroup Corporation

Softbank

Southwest Business Properties, Inc.

Spire Storage West

Targa Resources Partners

Texas Eastern Transmission LP

The Carlyle Group

Freeport-McMoRan Inc.

IAV GmbH

NextEra Energy, Inc.

Perpetua Resources

Work highlights

  • Recently concluded representation of San Miguel Electric Cooperative in an environmental property damage lawsuit where the plaintiffs asserted causes of action under tort, contract and Texas environmental statutory provisions.
  • Negotiating with the EPA regarding the form of clean-up the agency will require and who will implement the remedy in an effort to reduce the cost relating to an asbestos case from a facility Greer Capital was the landlord of, even though Greer Capital was not responsible for the contamination.
  • Advising multiple clients on midstream energy infrastructure development projects, helping them navigate the environmental review and approval process under the National Environmental Policy Act, the Clean Water Act, the Endangered Species Act, the National Historic Preservation Act, and similar federal and state statutes.

Antitrust > Cartel Tier 3

Vinson & Elkins LLP represents clients in a broad range of industries, including tech, pharma, airline and chemicals, with notable strength in handling cross-border civil and criminal cartel proceedings, with standout international representations of Wanhua and Hitachi in FTC and DOJ cartel investigations. The firm offers significant agency expertise through a number of former DOJ and FTC officials, and has broad geographical reach with particular strength in Washington DC, Texas, and California. Alden Atkins has been particularly active in the airline space during 2021, representing Southwest Airlines in the ongoing DOJ investigation into airline capacity, and AirTran in a multi-district case relating to bag fees, cases that Houston-based Jason Powers is also playing a key role in. The team is led by Darren Tucker, a specialist in DOJ and FTC proceedings in the technology, energy and pharma sectors, while Hill Wellford takes the lead on governmental investigations within the US and internationally. Brian Schnapp is a specialist in representing multinational companies in cartel and price-fixing investigations, with Lindsey Vaala also a key name for global cartel defense. Lawyers are in Washington DC unless otherwise stated.

Practice head(s):

Darren Tucker

Testimonials

‘V&E’s antitrust group has excellent skill and experience in defending antitrust investigations.’

‘Craig Seebald- highly experienced in defending antitrust investigations, including internal investigation, risk assessment, and negotiation with authorities. Also good at coordinating with foreign lawyers which is important in international cartel cases.’

Key clients

AirTran Airways

HeartBrand Holdings, Inc.

H-E-B, LP

Huntsman International

Phadia US Inc.

Southwest Airlines, Inc.

Magellan Crude Oil Pipeline Company, L.P.

AK Steel Corporation, et. Al – railroad MDL

Google LLC

Hitachi

Wanhua Chemical (America) Co., Ltd.

BlueScope

Calumet Specialty Products

Maxell, Ltd. And Maxell Corporation of America

Riverstone

Switchback II Corporation

Enable Midstream Partners, LP

Group 1 Automotive, Inc.

ioneer Lrd.

The Sinclair Companies

Liberty Oilfield Services Inc.

ZenBusiness

Direct Energy

Noble Energy, Inc.

Plains All American

Chevron Phillips Chemical Co.

Vida Capital, Inc.

Work highlights

  • Advising Southwest Airlines in multi-district litigation where plaintiffs assert that airlines’ public comments signalled an intention to conspire with other airlines to limit growth in supply.
  • Representing shippers from the steel, power generation, chemicals and agriculture industries in antitrust lawsuits alleging that the four largest railroads in the United States conspired to fix prices by establishing rate-based fuel surcharges.
  • Represented AirTran Airways, Inc in a multi-district antitrust putative class action alleging that AirTran and Delta conspired to adopt fees for the first checked bag, known as “first bag fees.”

Antitrust > Merger control Tier 3

Vinson & Elkins LLP bases its global merger practice out of Washington DC and has a prolific record in HSR filings, as well as handling merger reviews and investigatory processes before the FTC, DOJ, and international competition regulators. The team also has a considerable presence in Texas and California, and marries the firm’s traditional strength in the energy sector with a growing record in tech sector work, evidenced by the firm’s successful clearance of Google’s acquisition of Fitbit. Elsewhere, the firm has continued to work on behalf of major international names such as Hitachi alongside top energy clients such as Chevron, Noble Energy, and Parsley, for whom the firm advised on its sale to Pioneer Natural Resources. Darren Tucker leads the team, bringing in-house FTC experise to merger clearance proceedings for deals in the technology, energy and pharma sectors, leading on the unconditional Google-Fitbit clearance while Hill Wellford specializes in government investigations and HSR filings. Counsel David Smith‘s expertise includes international merger reviews and associated litigation, as well as advising on intellectual property elements of contested mergers. All lawyers mentioned are in Washington DC.

Practice head(s):

Darren Tucker

Other key lawyers:

Key clients

AirTran Airways

HeartBrand Holdings, Inc.

H-E-B, LP

Huntsman International

Phadia US Inc.

Southwest Airlines, Inc.

Magellan Crude Oil Pipeline Company, L.P.

AK Steel Corporation, et. Al – railroad MDL

Google LLC

Hitachi

Wanhua Chemical (America) Co., Ltd.

BlueScope

Calumet Specialty Products

Maxell, Ltd. And Maxell Corporation of America

Riverstone

Switchback II Corporation

Enable Midstream Partners, LP

Group 1 Automotive, Inc.

ioneer Lrd.

The Sinclair Companies

Liberty Oilfield Services Inc.

ZenBusiness

Direct Energy

Noble Energy, Inc.

Plains All American

Chevron Phillips Chemical Co.

Vida Capital, Inc.

Work highlights

  • Represented Google in its $2.1 billion acquisition of Fitbit, Inc.
  • Advised Noble Energy, Inc. in a definitive agreement with Chevron Corporation under which Chevron will acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $13 billion.
  • Represented Parsley Energy in its $4.5 billion sale to Pioneer Natural Resources.

Dispute resolution > M&A litigation: defense Tier 3

Vinson & Elkins LLP has offices in New York, Texas and California, enabling it to easily handle M&A litigation in state and federal courts across the US. The firm’s fiduciary duty practice deals with pre- and post-closing challenges to mergers and acquisitions, master limited partnership litigation, derivative lawsuits, and other claims made against corporate officers and directors under Delaware law. Over the last ten years, the firm has had 35 lead appearance in Delaware state court. The team is praised as 'extremely intelligent, gifted writers and excellent communicators who provide creative solutions to litigation matters‘. Michael Holmes in Dallas, who represented Regency Energy in a challenge to its $28bn merger with Energy Transfer Partners, and Michael Charlson in San Francisco lead the practice. Dallas-based John Wander and Clifford Thau in New York are also among the standout practitioners in deal-related matters.

Practice head(s):

Michael Holmes; Michael Charlson

Other key lawyers:

John Wander; Clifford Thau; Lawrence Elbaum

Testimonials

‘When the wine glass spills, my first call is Lawrence Elbaum. His calm, analytical demeanor coupled with astute business acumen disguised as an attorney makes him my preferred business confidant. Ironically, our relationship commenced as adversaries during a proxy fight 6 years ago but we developed so much respect for each other in battle, it was an easy decision to combine forces.’

‘After 25 years in private equity, I have worked with countless senior partners at top-tier law firms, but I have only developed one strategic, go-to, legal relationship. That relationship is with Lawrence Elbaum, Co-Head of Vinson & Elkins’ (V&E) shareholder activism practice. In the last four years, Lawrence has been involved with 6 of my portfolio companies, including for over 30 complex governance/management situations, 7 proxy fights/activism campaigns, 3 divestitures, 6 financings, and 1 NASDAQ uplisting.’

‘Lawrence Elbaum’s business judgment and deal-making prowess allow him to balance legal requirements with commercial objectives. With Lawrence, there is no start or stop time, he is constantly accessible. There is no ego or drama working with other lawyers, either at his firm or competitive law firms. He humbly refers less familiar issues. Uniquely, Lawrence doesn’t take advantage of client challenges but rather keeps in mind his clients’ long-term objectives and establishes and maintains fair billing and fee structures. As such, Lawrence has built V&E’s industry-leading activist practice. True to form, the practice has only thrived under Lawrence’s leadership.’

‘I enthusiastically endorse Lawrence Elbaum for his pristine track record of success, ethical leadership, and tireless efforts to solve client problems.’

‘Everyone on the team is extremely intelligent, gifted writers and excellent communicators who provide creative solutions to our litigation matters.’

‘During the course of a mediation, our mediator, a former judge, went out of his way during the course of our discussion to describe how our lead lawyer was the best that he had seen during his tenure on the bench. We happen to agree. (Michael Holmes, VE partner from Dallas).’

Key clients

Energy Transfer Equity, LP (ETE) and related entities

Regency Energy Partners, LP and related entities

Caiman Energy II, LLC and related entities

Roan Holdings, LLC and related entities

NGP X US Holdings, L.P.

The Coca-Cola Company

SBLI USA Life Insurance Company, Inc.

Enbridge Holdings (LNG) LLC

Standard Fiber Investors, LLC

Work highlights

  • Representing Regency Energy Partners and Energy Transfer Equity in class action litigation challenging the $18 billion merger between the two as lead counsel for all defendants.
  • Represented ETE in its third trial in the Delaware Chancery Court concerning the now-terminated $38 billion merger between ETE and Williams.
  • Representing Coca-Cola in a $2.4 billion litigation dispute with Keurig Dr Pepper in Delaware Superior Court concerning the distribution of BodyArmor, a popular sports drink co-owned by Mike Repole (the founder of Vitaminwater), Kobe Bryant, and a host of other celebrity athletes.

Dispute resolution > Securities litigation: defense Tier 3

Vinson & Elkins LLP represents issuers, underwriters, accounting firms, financial institutions, and directors and officers in securities fraud class actions and other claims associated with stock-price declines, financial restatements, whistle-blower complaints, short-swing and insider trading allegations. It also has a strong track record in SEC, FINRA and DOJ investigations and enforcement actions. Michael Holmes in Dallas and Michael Charlson in San Francisco lead the practice. Holmes and fellow Dallas-based partner Craig Zieminski recently advised Plains All American Pipeline, L.P. on securities and derivative litigation arising from a highly publicized pipeline leak near Refugio State Beach, along the California coast. John Wander in Dallas and Clifford Thau in New York have general commercial litigation practices with a strong focus on securities litigation and regulatory and internal investigations.

Practice head(s):

Michael Holmes; Michael Charlson

Other key lawyers:

Clifford Thau; John Wander; Lawrence Elbaum; Craig Zeminski

Testimonials

‘We use V&E for internal investigation work. Their greatest strength, by far, is their experience in these matters. This provides a great level of comfort in dealing with very uncomfortable issues.’

‘We deal most closely with Michael Charlson. Always available for us, and are able to distill very complex information into a summary we can digest. He guides us to decisions, but is open to feedback to think of different approaches. If I had “bet the company” investigations, I would use this team over any other firm.’

‘When the wine glass spills, my first call is Lawrence Elbaum. His calm, analytical demeanor coupled with astute business acumen disguised as an attorney makes him my preferred business confidant. Ironically, our relationship commenced as adversaries during a proxy fight 6 years ago but we developed so much respect for each other in battle, it was an easy decision to combine forces.’

‘After 25 years in private equity, I have worked with countless senior partners at top-tier law firms, but I have only developed one strategic, go-to, legal relationship. That relationship is with Lawrence Elbaum, Co-Head of Vinson & Elkins’ shareholder activism practice.  Lawrence’s business judgment and deal-making prowess allow him to balance legal requirements with commercial objectives.’

‘With Lawrence Elbaum, there is no start or stop time, he is constantly accessible. There is no ego or drama working with other lawyers, either at his firm or competitive law firms. He humbly refers less familiar issues. Uniquely, Lawrence doesn’t take advantage of client challenges but rather keeps in mind his clients’ long-term objectives and establishes and maintains fair billing and fee structures. As such, Lawrence has built V&E’s industry-leading activist practice. True to form, the practice has only thrived under Lawrence’s leadership.’

Key clients

Energy Transfer Equity, LP (ETE) and related entities

Regency Energy Partners, LP and related entities

Plains All American Pipeline, L.P.

The Coca-Cola Company

SBLI USA Life Insurance Company, Inc.

Applied Optoelectronics, Inc.

Jeff Hastings

comScore, Inc.

Genius Brands International, Inc.

First United Corporation

Synalloy Corporation

Work highlights

  • Representing Plains and its officers/directors in securities and derivative litigation arising from a highly publicized pipeline leak near Refugio State Beach, along the California coast.
  • Representing Genius Brands International, Inc. and its CEO in putative securities class action and derivative litigation in the U.S. District Court for the Central District of California.
  • Representing Regency Energy Partners in securing the rejection of a $1.6 billion damages claim in class action litigation challenging the $18 billion merger between Regency Energy Partners and Energy Transfer Partners.

Finance > Capital markets: debt offerings

Vinson & Elkins LLP has a rounded practice, principally in the high-yield debt field, but with further credibility in investment grade and convertibles. The firm is building its presence in ESG and sustainable finance; it advised Goldman Sachs on Sunnova Energy International’s $400m green bond offering in 2021. While best known for its work in the energy and infrastructure sectors, it has gained further traction in REITs and lands further engagements through its expanding private equity client base. It is slightly more active on the issuer-side, but also frequently advises underwriters. Houston’s Mark Kelly, Gillian Hobson, Alan Beck, David Oelman, Ramey Layne and David Stone are amongst its key partners in the capital markets sphere, along with Washington DC partner Christopher Green.

Practice head(s):

Sarah Morgan; Matt Strock

Key clients

Antero Midstream Corporation / Antero Resources Corporation

Bank of America Corporation / Bank of America Securities LLC / BofA Securities, Inc. / Merrill Lynch & Co.

Belden Inc.

California Resources Corporation

Continental Resources, Inc.

Credit Suisse Securities (USA) LLC

Crestwood Partners LLC

Enviva Partners, LP

Goldman Sachs & Company / Goldman Sachs International

Group 1 Automotive, Inc.

Highwoods Properties, Inc.

J.P. Morgan Securities LLC

Lazard Freres & Co.

MoneyGram International, Inc.

Morgan Stanley / Morgan Stanley & Co. LLC / Morgan Stanley Capital Group, Inc.

Neinor Homes, S.A.

New York Mortgage Trust Inc.

Oasis Petroleum Inc. and Oasis Midstream LP

Oil States International, Inc.

Plains All American Pipeline, L.P.

RBC Capital Markets, LLC

Southwest Airlines Co.

Sunoco LP

Vía Célere Desarrollos Inmobiliarios, S.A.

Wells Fargo Securities, LLC

Work highlights

  • Advised Antero Midstream Corporation and Antero Resources Corporation in seven securities offerings in the past year totalling some $3.5bn.
  • Advised the initial purchaser or underwriter in three securities offerings by Sunnova Energy International, including Sunnova’s $400m green bond offering.
  • Advised New York Mortgage Trust on its $100m private placement of 5.75% senior notes due 2026.

Finance > Capital markets: equity offerings

Vinson & Elkins LLP is best known for its work in the energy and infrastructure sectors, routinely advising on a high-volume of IPOs and other equity offerings, including high-value deals. The firm has also made an impression in REITs and is at the forefront of SPAC IPOs and deSPAC transactions. The firm’s burgeoning list of private equity clients has added to its deal flow. The firm primarily represents issuers, though has a solid pipeline of engagements from underwriters. Alan Beck  and David Oelman  are rated for energy sector IPOs and equity offerings. Ramey Layne is a prominent figure in SPAC IPOs and Brenda Lenahan is a key name in New York.

Practice head(s):

Sarah Morgan; Matt Strock

Testimonials

‘VE has unique insight into our industry, and are able to provide legal advice that addresses our unique issues from a legal and business perspective.’

‘They have great insight into the market and the disclosure that others in the industry are providing to their investors.’

 

Key clients

Antero Midstream Corporation / Antero Resources Corporation

Alpine Income Property Trust, Inc.

Bank of America Corporation / Bank of America Securities LLC / BofA Securities, Inc. / Merrill Lynch & Co.

Barclays Capital Inc.

Citigroup Global Markets, Inc.

Decarbonization Plus Acquisition Corporation, Decarbonization Plus Acquisition Corp. II, III and IV

Desert Peak Minerals Inc.

Deutsche Bank Securities, Inc.

Enviva Partners, LP

First Reserve XIV Advisors, L.L.C.

Focus Financial Partners, Inc.

Goldman Sachs & Company / Goldman Sachs International

J.P. Morgan Securities LLC

Kadem Sustainable Impact Corp.

Live Oak Mobility Acquisition Corp, Live Oak Crestview Climate Acquisition Corp.

Lexicon Pharmaceuticals

Morgan Stanley / Morgan Stanley & Co. LLC / Morgan Stanley Capital Group, Inc.

New Fortress Energy Inc.

Oasis Petroleum Inc. and Oasis Midstream LP

OneWater Marine Inc.

Orchid Island Capital, Inc.

Queen’s Gambit Growth Capital

RBC Capital Markets, LLC

Reata Pharmaceuticals, Inc.

Southwest Airlines Co.

Stronghold Digital Mining, Inc.

Tortoise Acquisition Corp., Tortoise Acquisition Corp. II, and TortoiseEcofin Acquisition Corp. III

Wells Fargo Securities, LLC

Work highlights

  • Advised Stronghold Digital Mining on its $133m IPO.
  • Advised Tortoise Acquisition Corp on its $233m IPO and subsequent $1bn business combination with Hyliion Inc.
  • Advised Citigroup Global Markets, Inc. as underwriters’ counsel in connection with Vine Energy’s IPO.

Finance > Commercial lending

Vinson & Elkins LLP has a strong position within the Texas market, though its work in the debt finance space is felt across the US. Given the group’s location, it is unsurprising that the energy sector is an area of particular focus; in addition to assisting commercial banks lending to actors in the sector, the firms also represents upstream, midstream, and downstream energy companies in major syndicated financings. Brian Moss  and Erec Winandy co-lead the national team from Houston and Dallas respectively and are both experienced in  acquisition and leveraged finance as well as asset-based and reserve-based lending. Outside of Texas, the group has a New York presence which includes David Wicklund  and Brett Santoli .

Practice head(s):

Brian Moss; Erec Winandy

Other key lawyers:

David Wicklund; Brett Santoli; Christopher Dewar; Guy Gribov

Testimonials

‘The V&E team has a pragmatic, efficient approach that allows us to get deals done. They produce high quality work and have excellent perspective on market developments.’

‘Guy Gribov is consistently great to work with for the reasons set forth above.’

‘The team is very knowledgeable of current trends in commercial lending and the underlying legal strategies from a borrower’s perspective. They are highly collaborative and well-staffed / resourced.’

‘The V&E team that I work with is very responsive and understand our credit agreement and other debt agreements well.’

Key clients

7-Eleven, Inc

Anadarko Petroleum Corporation

Antero Resources Corporation

Daseke, Inc

TPG Capital Management, L.P

Riverstone Holdings LLC

Southwest Airlines Co

MoneyGram

Chevron Phillips Chemical Company LLC

HollyFrontier Corporation

AMP Capital Investors (US) Limited

Meritage Midstream

Enviva Holdings, LP

Takkion TP&L Holdings LLC

Jonah Energy LLC

Tinicum, Inc.

TG Natural Resources LLC

Wildfire Energy LLC

Navitas Midstream Partners, LLC

Wells Fargo Bank N.A.

JPMorgan Chase Bank, NA

Citibank, N.A.

Texas Capital Bank

Bank of America, N.A.

Societe Generale

Morgan Stanley Capital Group, Inc

Royal Bank of Canada

AMP Capital Investors (US) Limited

Riverstone Credit Management LLC

Mizuho Securities USA Inc

The Carlyle Group

Investec Bank Plc

CSG Investments, Inc

Barclays Bank, PLC

Apollo Global Management, Inc.

Bank of Nova Scotia

Oaktree Capital Management, L.P.

The Blackstone Group, L.P.

Work highlights

  • Advised Southwest Airlines on an $1bn aggregate senior notes offering.
  • Represented a resources company in a $600m syndicated, reserve-based revolving credit facility.
  • Represented Wells Fargo Bank in an exit financing for Oasis Petroleum North America, including a$1.5bn syndicated, reserve-based revolving credit facility.

Industry focus > Energy regulation: conventional power Tier 3

Vinson & Elkins LLP handles proceedings before several regulatory bodies, including the FERC, DOE, NERC and PUCT. The group has experience representing clients in rate cases, non-public investigations, transmission-line certification cases, rulemakings and the sale and purchase of power generation facilities and transmission assets, among other matters. It also advises clients on compliance with NERC’s reliability standards and assists with obtaining grants and loan guarantees before the DOE. Based in Washington DC, John Decker handles both regulatory and transactional matters for natural gas and electric power clients. For expertise on regulations impacting the development, purchase and sale of utility-related infrastructure, Austin-based Michael Tomsu is recommended. James Seegers and Anita Wilson co-chair the group from Houston and Washington DC, respectively.

Practice head(s):

James Seegers; Anita Wilson

Other key lawyers:

Michael Tomsu; John Decker; Jo Ann Biggs; Jaren Taylor

Key clients

Oncor Electric Delivery Company

Pattern Energy Group Holdings

Global Atlantic Financial Group

Global Infrastructure Partners

Leeward Renewable Energy

SoftBank (and its affiliate SB Energy)

AltaGas

Goldman Sachs Renewable Power

Work highlights

  • Advised Global Atlantic Financial Company on its acquisition of two solar projects located in West Texas (with a capacity of approximately 250MWac), from Recurrent Energy, a wholly-owned subsidiary of Canadian Solar.
  • Represented Oncor Electric Delivery in a series of litigations to obtain approvals and property for the construction of nearly half a billion dollars of transmission infrastructure in the Texas panhandle.
  • Acted as Texas Counsel to Berkshire Hathaway subsidiary MidAmerican Wind Tax Equity Holdings (as a Class A tax equity investor), and Mizuho (as administrative agent for the construction lenders), in connection with the approximately $430m development and construction by Clearway Energy Group of the 350MW Mesquite Sky Wind power generation project located in Callahan County, Texas.

Industry focus > Energy transactions: conventional power Tier 3

Industry focus > Environment: litigation Tier 3

Vinson & Elkins LLP is skilled at handling a huge variety of environmental mandates, ranging from regulatory and permitting matters to federal environmental litigation. The team is well-versed in contentious and historical contamination cases across the country, and in litigating EPA’s regulations of national importance. Larry Nettles in Houston jointly heads up the environmental group with Washington DC-based Ronald Tenpas, who stands out for his strong track record in civil and criminal matters related to alleged environmental violations. In the Houston office, George Wilkinson is experienced in litigation before state and federal courts involving a range of environmental issues, including RCRA and CERCLA. Clean Air Act expert Eric Groten is a name to note in Austin for enforcement action defense. Clients engaged in environmental litigation and regulatory matters which involve complex scientific and technical issues regularly seek Margaret Peloso‘s advice. She is based in Washington DC.

Practice head(s):

Larry Nettles; Ron Tenpas

Other key lawyers:

Eric Groten; George Wilkinson; Michael Wigmore; Margaret Peloso; Brandon Tuck; Conrad Bolston; Patrick Traylor; Matt Dobbins

Testimonials

‘I am very impressed with Vinson & Elkins’ knowledge about environmental litigation. They are experts in the field.’

‘I have been very impressed with the work of Vinson & Elkins partner Patrick Traylor. Patrick is a great communicator, and he is always actively searching for solutions. His depth of knowledge in environmental litigation and regulatory matters is top notch.’

‘Matt Dobbins is the most talented and impressive young partner in the game. He brings a very methodical and long-term approach to both solving problems and devising solutions in this more challenging permitting environment for energy and infrastructure projects.’

Key clients

Adelphia Gateway LLC

Blackstone Energy Partners

Blue Racer Midstream

Bluewing Midstream LLC

Daseke, Inc.

Enable Midstream

Enbridge/Valley Crossing Pipeline LLC

Endeavor Energy Resources, LP

Global Companies, LLC

Goldman Sachs

Greer Capital Corporation

Gulf Coast Ammonia

Jefferson Gulf Coast Energy Partners

Magellan Midstream Partners L.P.

NCS Multistage Holdings, Inc.

Northwoods Energy, LLC

Oasis Petroleum, Inc.

Pembina/Jordan Cove Energy Project

PennEast Pipeline Company, LLC

Popular Bank

Rosehill Resources

San Miguel Electric Cooperative

Sandy Creek Services

Securities Industry and Financial Markets Association (SIFMA)

SemGroup Corporation

Softbank

Southwest Business Properties, Inc.

Spire Storage West

Targa Resources Partners

Texas Eastern Transmission LP

The Carlyle Group

Freeport-McMoRan Inc.

IAV GmbH

NextEra Energy, Inc.

Perpetua Resources

Wolverine Pipe Line, Inc

Work highlights

  • Recently concluded representation of San Miguel Electric Cooperative (the “Co-op”) in an environmental property damage lawsuit where the plaintiffs asserted causes of action under tort, contract and Texas environmental statutory provisions.
  • Negotiating with the EPA regarding the form of clean-up the agency will require and who will implement the remedy in an effort to reduce the cost relating to an asbestos case from a facility Greer Capital was the landlord of, even though Greer Capital was not responsible for the contamination.
  • Represented IAV GmbH (“IAV”) in connection with the DOJ’s criminal investigation into the Volkswagen emissions system violations.

Industry focus > Environment: transactional Tier 3

Drawing on the firm’s vast internal network of experienced lawyers, Vinson & Elkins LLP‘s sizeable environmental and natural resources department acts for a number of clients in relation to the management of environmental risks in large business transactions. The team, whose experience spans an array of environmentally sensitive industries, stands out for its credentials in the permitting space, and is seen with great regularity securing and defending permits for the development of conventional and renewable energy projects and industrial establishments. The practice has a strong base in Texas, with Houston-based Larry Nettles  taking the lead in multifaceted environmental issues in connection with major transactional mandates. He jointly heads up the practice with Ron Tenpas in Washington DC. Sitting in the Houston office, Matthew Dobbins  is seasoned in every major environmental statute, and offers legal support to financial institutions, corporations and private equity clients on a regular basis. Casey Hopkins  is a contact for allocations of liability in M&A deals, while Margaret Peloso  is noted for her climate change risk management experience. Both practitioners are based in DC.

Practice head(s):

Larry Nettles; Ron Tenpas

Other key lawyers:

Casey Hopkins; Matthew Dobbins; Margaret Peloso; Lindsay Hall

Testimonials

‘I really love the Dobbins/ Nettles combination at V&E. It can’t be beat.’

‘Matt Dobbins and Larry Nettles at V&E seem to be the absolute best environmental lawyers in this ultra-competitive market.’

‘Very responsive. Look to solve problems and get the deal done. Immediately define if there is an issue, and if so, can it be solved.’

‘Larry Nettles is a fantastic person and an incredible attorney. His experience is so broad that I am always impressed by his knowledge.’

Key clients

Popular Bank

Riverstone Holdings

The Blackstone Group, LP

Altivia Chemicals LLC

Apollo Global Management, Inc.

Northstar Terminals, LLC

Texas Deepwater Port, LLC

Pinto Realty Partners, Ltd.

Validus Energy Holdings, LLC

Hartree Partners, LP

Goldman Sachs

Mercuria Investments US, Inc.

Hudson Advisors (Lone Star Fund)

Appollo – FlexGen

Citibank NA

Decarbonization Plus Acquisition Corporation II

Enviva Partners

Evgo

Magellan Midstream Partners, L.P.

New Fortress Energy

Queens Gambit Growth Capital

The Sinclair Companies

Switchback

Tortoise

Work highlights

  • Representing Woodside Petroleum Ltd in its merger with BHP Petroleum with an approximately $30bn merged entity value.
  • Acting for Popular Bank (formerly known as Banco Popular) which is headquartered in Puerto Rico but makes loans in the U.S.
  • Served as lead environmental counsel for Blackstone’s acquisition of Sabre Industries, a leading designer and manufacturer of engineers and infrastructure-critical steel poles, towers, battery storage solutions, and related services for the electrical utility and telecom end markets.

Labor and employment > Employee benefits, executive compensation and retirement plans: transactional Tier 3

Vinson & Elkins LLP notably advises public and private companies across the oil and gas and energy sectors on the executive compensation and employee benefits aspects of high value M&A. The team also continues to see an ever-increasing number of SPAC transactions, as well as REIT mandates, in its workload. Houston-based David D’Alessandro leads the practice and focuses on tax and securities-related issues arising from executive compensation arrangements. In the firm’s Dallas office, Brian Bloom advises public and private companies and tax-exempt employers across the energy, manufacturing and healthcare sectors, while Shane Tucker handles equity-based compensatory arrangements. Based in New York,  Julia Petty was promoted to partner in January 2022, and is commended as a ‘leading expert in the executive compensation field’.

Practice head(s):

David D’Alessandro

Other key lawyers:

Brian Bloom; Shane Tucker; Julia Petty; Dario Mendoza

Testimonials

‘Brian Bloom and Julia Petty are fantastic. Very knowledgeable and responsive, and they take a practical approach to complicated matters.’ 

‘The Vinson & Elkins team (particularly Julia Petty) provides practical advice reflective of the business context. Julia never “over lawyers” the issue. Instead, she provides valuable guidance on the critical issues with a focus on completing the agreement/transaction in the desired time frame.’ 

‘Julia Petty is a leading expert in the executive compensation field. She takes a practical, business-oriented approach protecting the interests of the executive or client while recognising the importance of completing the transaction on a timely basis.’ 

Key clients

Woodside Energy, Ltd.

WPT Industrial Real Estate Investment Trust

BCP Raptor Holdco, LP

The Sinclair Companies

Compass Solar Group, LLC

Oasis Petroleum LLC

Enable Midstream Partners, LP

Independence Energy LLC

The Blackstone Group, L.P.

Parsley Energy, LLC

Hygo Energy Transition Ltd

Tinicum, Inc

Bonanza Creek Energy Inc

Frank’s International, LLC

EnCap Investments L.P

Liberty Oilfield Services LLC

comScore, Inc

Riordan, Lewis & Haden, Inc.

Work highlights

  • Represented Woodside Petroleum Ltd in its approximate $30bn merger with BHP Group.
  • Advised Enable Midstream in its $7.2bn merger with Energy Transfer.

Real estate > Real estate investment trusts (REITs) Tier 3

At Vinson & Elkins LLP, the practice excels in large-scale capital markets transactions and structuring public and private REITs. The team has experience advising clients across a variety of asset types and leverages its capacities across finance, corporate and tax to handle cross-border matters. Daniel LeBey  leads the primary Virginia-based team with key contacts Greg Cope in Washington DC, who handles several marquee deals and multi-billion-dollar transactions, and corporate finance expert Chris Green. Counsel Zachary Swartz and Paige Anderson also comprise the core team. Christopher Mangin provides REIT tax specialism and advises on recapitalizations, fund formation and foreign investment issues.

Practice head(s):

Daniel LeBey

Other key lawyers:

Key clients

Alpine Income Property Trust, Inc.

BofA Securities, Inc./Merrill Lynch & Co., Inc.

CTO Realty Growth, Inc.

Ellington Financial Inc. / Ellington Residential Mortgage REIT

Flagship Healthcare Properties, LLC

Global Medical REIT Inc.

Highwoods Properties, Inc.

Morgan Stanley & Co. LLC

iStar Inc.

New York Mortgage Trust Inc.

Orchid Island Capital, Inc.

Preferred Apartment Advisors, LLC / Preferred Apartment Communities, Inc.

Rayonier, Inc.

TPG Re Finance Trust, Inc.

Stifel, Nicolaus & Company, Incorporated

Wells Fargo Securities, LLC

WPT Industrial Real Estate Investment Trust

Work highlights

  • Advised CTO Realty Growth, Inc in its conversion to a real estate investment trust to achieve a more advantageous tax structure.
  • Advised a real estate developer and a REIT in the establishment of a joint venture called Mercury Trust with the Australian Superannuation Pension Fund.
  • Advised Global Medical REIT in its $18.1m acquisition of Inter-American Group Holdings Inc., the parent company of GMRE’s external manager, resulting in a management internalization.

Real estate Tier 3

Focusing on the New York and Texas real estate markets, Vinson & Elkins LLP‘ ‘outstanding lawyers’ work with core clients including private equity firms, REITS and developers. Paul Martin and Randy Jurgensmeyer are the key figures in Dallas for acquisitions, financing, leadings and developing of malls, office buildings, hotels, industrial parks, and apartment complexes. Wallace Schwartz is a preeminent New York real estate attorney with deep experience in the space.  

Practice head(s):

Paul Martin; Wallace Schwartz

Other key lawyers:

Randy Jurgensmeyer

Testimonials

‘Great firm and outstanding people. They are deal makers not deal breakers. Very sharp minds that think outside the box and develop creative solutions to complex situations/transactions.’

‘All the attorneys I have dealt with at this firm are through, yet efficient. They meet or exceed deadlines and actually have fun and promote levity in rather tenuous and/or boring situations.’

Key clients

Clarion Partners

CBRE Global Investors

CommonWealth Partners

CORE5 Industrial Partners

Crow Holdings Capital Partners

Daseke, Inc.

Enviva Development Holdings, LLC

Goldman Sachs

Hall Emery Real Estate, LLC/ JP Morgan Asset Management

Hillwood Properties

Innovo Property Group

JPMorgan Asset Management

SemGroup Corporation

Spear Street Capital

Stream Realty Partners

Sumitomo Forestry America, Inc.

Sunoco LP

Taconic Capital

Trammell Crow Company

Transwestern Investment Management

Tyr Energy, Inc.

Western Refining, Inc.

Woods Capital Management

7-Eleven, Inc.

The Georgetown Company

Prime Finance

Brand Atlantic

166 2nd LLC

Convene

iStar Inc.

The Related Companies

WPT Real Estate Investment Trust

Boston Properties

Rockpoint Group

Extell Development Company

Westbrook Partners

Fetner Properties

Axonic Capital LLC

Oxford Properties

Bridgemarket Associates, L.P.

Taconic Investment Partners

Joy Construction

East End Capital

Steel Equities

WeWork Companies LLC

Deerfield Management Company

Diamond Head Partners

Rubenstein Partners

Work highlights

  • Represented a joint venture of Goldman Sachs and Lincoln Harris in connection with the development and leasing of 3 new office towers in the Legacy Union development in downtown Charlotte, North Carolina.
  • Represented Steel Equities in connection with a fifteen year, full building lease to Netflix Studios.
  • Representing The Related Companies and its partner China Harbour Engineering Company Ltd. In the initial lease-up of the under-construction shopping center, forming a part of The Grand project which is transforming an entire square city block on Grand Avenue in downtown Los Angeles.

Tax > International tax Tier 3

Vinson & Elkins LLP advises clients in the energy, finance, technology, and real estate sectors on tax matters concerning cross-border M&A and public offerings, REITS, and SPACs. In Houston co-department head George Gerachis and recently promoted Dallas-based co-head David Peck both cover cross-border M&A and transfer pricing planning. Operating out of Houston, John Lynch specializes in federal tax aspects of international energy and infrastructure transactions, while in Washington DC Natan Leyva advises multinationals on US tax compliance. She works alongside Gary Huffman, a key resource for international tax planning and litigation. Ron Nardini joined from Akin Gump Strauss Hauer & Feld LLP in June 2021. He is noted for his work on tax aspects of international investment of venture capital and hedge funds.

Practice head(s):

George Gerachis; David Peck

Testimonials

‘Hugh level of expertise. Thoughtful and invested.’

Key clients

DigitalBridge

Hygo Energy Transition

CIIG Merger Corp.

Spartan Acquisition Corp. III

WPT Industrial Real Estate Investment Trust

Switchback Energy Acquisition Corporation

Decarbonization Plus Acquisition Corporation & Decarbonization Plus Acquisition Corporation II

Frank’s International

The Lion Electric Company

Transcanada Pipeline USA, Ltd.

Live Oak Acquisition Corp. II

TPG Pace Beneficial Finance Corp.

Queen’s Gambit Growth Capital

Crestline Investors

Setzer Properties; Jera Partners

The Carlyle Group

First Reserve Sustainable Growth Corp.

Work highlights

  • Advised DigitalBridge in its acquisition of a controlling stake in Vertical Bridge Holdings.
  • Advised The Carlyle Group in a $374m investment commitment to Amp Solar Group, a Canadian-based global renewable energy platform, to support its growth in core markets in North America, Japan, Australia, Spain and the UK.
  • Advised The Lion Electric Company in its $1.9bn business combination with Northern Genesis Acquisition Corp.

Tax > US taxes: non-contentious Tier 3

Based across multiple offices on the East Coast and throughout Texas, Vinson & Elkins LLP is especially strong in the fields of renewable and conventional energy taxation, working with a number of public and private corporations, funds, and other institutional investors. Partnerships, SPACs, and REITs are also core workflows for the interdisciplinary team. Houston-based practice co-head George Gerachis is highly experienced in both transactional and contentious matters, while Dallas-based practice co-head David Peck is regularly sought out by private equity houses for his expertise in fund formations and investment partnerships. Also in Houston, Ryan Carney is a prolific advisor with respect to Master Limited Partnerships, while John Lynch ‘s energy and infrastructure-focused practice encompasses company formations, asset sales, and restructurings. In Washington DC, Chris Mangin and Gary Huffman are noted for their respective strengths in REITs and partnership tax planning.  The ‘incredibly bright and creativeRon Nardini, who joined in June 2021 from Akin Gump Strauss Hauer & Feld LLP,  focuses on credit, health care, and entertainment sector matters, working from the firm’s New York office.

Practice head(s):

George Gerachis; David Peck

Other key lawyers:

Testimonials

‘Very experienced, highly regarded team’

‘Sean Moran, who is nationally recognized in the field of tax equity financings, leads the relationship. He has fielded a talented team of lawyers across practice groups for us while maintaining a guiding hand.’

‘Ron Nardini has a very creative approach, thorough analysis, and clear guidance on potential strategic transactions. He has a great ability to work through difficult issues with the other side’s counsel.’

‘Ron Nardini is incredibly bright and creative. He has the ability to explain complex issues and see creative ways in structuring transactions.’

Key clients

Multiple SPAC Clients

Enable Midstream Partners, LP

Stronghold Digital Mining, Inc.

The Sinclair Companies

The Blackstone Group, L.P.

Independence Energy LLC

WPT Industrial Real Estate Investment Trust

Work highlights

  • Advised on 17 de-SPAC transactions with a combined deal value of over $41bn, since November 2020.
  • Advised Enable Midstream in its $7.2bn tax free partnership merger with Energy Transfer, and in the sale of the general partner of Enable to Energy Transfer by OGE Energy Corp. and CenterPoint Energy, Inc.
  • Advised Stronghold Digital Mining, Inc. and its affiliates in its formation and structuring as an Up-C and two separate private placements, raising $105mn and valuing the initial company at $325m.

Antitrust > Civil litigation/class actions: defense Tier 4

The antitrust team at Vinson & Elkins LLP, praised for having ‘excellent skill and experience in defending antitrust civil litigations’, is regularly sought after by clients in the energy, technology, automotive, pharmaceutical, and chemical industries. Darren Tucker spearheads the practice from Washington DC with extensive experience in both domestic and international competition matters including global dominance investigations. Jason Powers and Harry Reasoner are names to note in the firm’s Houston office, while head of the antitrust government investigations team Hill Wellford and cartel and price-fixing specialist Craig Seebald are based in DC.

Practice head(s):

Darren Tucker

Testimonials

‘V&E antitrust group has excellent skill and experience in defending antitrust civil litigations. Its team is concise and fees are reasonable compared with other large law firms.’

‘Craig Seebald-  highly experienced in defending antitrust civil litigations, including factual investigations, preparing legal briefs, and settlement negotiations. Also good at coordinating with foreign lawyers which is important in international cartel cases.’

Key clients

AirTran Airways

HeartBrand Holdings, Inc.

H-E-B, LP

Huntsman International

Phadia US Inc.

Southwest Airlines, Inc.

Magellan Crude Oil Pipeline Company, L.P.

AK Steel Corporation, et. Al – railroad MDL

Google LLC

Hitachi

Wanhua Chemical (America) Co., Ltd.

BlueScope

Calumet Specialty Products

Maxell, Ltd. And Maxell Corporation of America

Riverstone

Switchback II Corporation

Enable Midstream Partners, LP

Group 1 Automotive, Inc.

ioneer Lrd.

The Sinclair Companies

Liberty Oilfield Services Inc.

ZenBusiness

Direct Energy

Noble Energy, Inc.

Plains All American

Chevron Phillips Chemical Co.

Vida Capital, Inc.

Work highlights

  • Advising Southwest Airlines in multi-district litigation where plaintiffs assert that airlines’ public comments signalled an intention to conspire with other airlines to limit growth in supply, as well as alleging that airlines had an incentive to limit individual growth in favor of overall industry profit.
  • Representing shippers from the steel, power generation, chemicals and agriculture industries in antitrust lawsuits alleging that the four largest railroads in the United States conspired to fix prices by establishing rate-based fuel surcharges.
  • Represented AirTran Airways, Inc (now owned by Southwest Airlines) in a multi-district antitrust putative class action involving a number of airlines, where plaintiffs filed a class action lawsuit alleging that AirTran and Delta conspired to adopt fees for the first checked bag, known as “first bag fees.”

Dispute resolution > Appellate: courts of appeals / Appellate: supreme courts (states and federal) Tier 4

Diligent, knowledgeable and highly ethical‘, Vinson & Elkins LLP‘s appellate practice is particularly dominant in energy-related matters, in line with the wider firm’s signature strength. The team has also built up strong experience in First Amendment, IP, bankruptcy, tax and insurance-related issues. Led out of Texas, the group’s broad national footprint has seen it argue matters across the country, including in the US Supreme Court, all federal Circuit Courts of Appeals and state courts nationwide. Marie Yeates and Thomas Leatherbury co-chair the department from Houston and Dallas respectively. Washington DC-based counsel Joshua Johnson  departed for a role at the CFPB.

Testimonials

Vinson & Elkins lawyers have handled several legal matters for our organization with the utmost care and professionalism, always through high-level advocacy and strategy, clear advice, and thorough and effective communication with our legal team and board of directors. They are meticulous in explaining the ins and outs of every option before us.’

‘Lawyers are frequently brought into a case after trial and prepare and prosecute an appeal to a range of courts. They are diligent, knowledgeable and highly ethical and effective. The firm is very diverse and employs current technology.’

‘The appellate team is widely respected by the courts before which they appear. The work product, be it a brief or an amicus filing, is always fresh, innovative and persuasive. Often the selection of amicus client is of importance, depending on the issue and the law being briefed. V&E has significant connections and relationships which facilitate this selection.’

All of the V&E lawyers we’ve worked with provide stellar analysis and advice. They are also among the most kind and accessible outside counsel we know.’

The appellate lawyers at V&E, particularly Marie Yeates and Michael Heidler, are second to none. They work seamlessly as a team and are quite imaginative in formulating effective arguments. Their communication skills are excellent.’

Thomas Leatherbury is the true definition of a professional. We have worked with him on several issues over the years and he has always been available for us and gracious with his time and counsel.’

Key clients

Rio Bravo Pipeline Company, LLC (subsidiary of Enbridge, Inc.)

Southwest Airlines

Adelphia Gateway, LLC.

NCI, Inc.

Reavis, Benjamin

Jefferson Gulf Coast Energy Partners

Texas Central Partners, LLC

State Bar of Texas

Pembina Inc./Jordan Cove Energy Project

PennEast Pipeline Company, LLC

Sunoco, Inc. (R&M)

Various national trade associations (U.S. Chamber of Commerce; National Association of Manufacturers, Interstate Natural Gas Association of America, Society for Corporate Governance)

Work highlights

  • Representing Rio Bravo Pipeline Company in appellate litigation related to the Rio Grande LNG project, a proposed LNG export facility and connected interstate natural gas pipeline.
  • Representing Southwest Airlines in litigation concerning whether four major airlines (Southwest, American, Delta and United) unlawfully agreed to restrain the growth of airline capacity and increase air travel fares.
  • Defending Adelphia Gateway in three judicial review petitions, filed in the US Courts of Appeals for the DC and Third Circuits, connected to the Adelphia Gateway Project.

Dispute resolution > Corporate investigations and white-collar criminal defense

Vinson & Elkins LLP has ‘a good reputation with regulators’ but ‘it isn’t afraid to push back and prepare for litigation’. Under the leadership of New York’s Palmina Fava  and Washington DC’s Michael Dry, the practice continues to act for high-profile companies and individuals in relation to government investigations. It has particular experience in FCPA matters, FCA issues, antitrust, securities and congressional investigations. Zachary Terwilliger joined in Washington DC from his former role as United States Attorney for the Eastern District of Virginia.

Practice head(s):

Palmina Fava; Michael Dry

Other key lawyers:

Jeffrey Johnston; Christopher Duffy; Zach Terwilliger

Testimonials

‘V&E has a good reputation with regulators, but it isn’t afraid to push back and prepare for litigation.’ 

‘It has smart, focused attorneys who play to win.’                             

‘Due to his past experience as a leading in-house compliance officer and white collar crime prosecutor, Michael Ward brings exceptional insights and actionable perspectives to the most complex corporate compliance issues.’

‘Vinson has a strong overall team.’

Key clients

IAV GmbH

MoneyGram International, Inc.

Special Investigation Committee of HF Foods

Parler

Wells Fargo Bank N.A.

Toni Porter

Michael Miller

Jeff Hastings

Joachim Alexander von der Goltz

Former executives of Wells Fargo Bank

Christiansen, Blake

Zhang Yuzhen

William Baroni

Work highlights

  • Advising Toni Porter who was called before the House Committee on Foreign Relations regarding the alleged misuse of government resources by Secretary of State Mike Pompeo and his wife, Susan Pompeo.
  • Representing the former chair of the board and chief executive officer of SAExploration Holdings, Inc. in an investigation being conducted by the US Securities & Exchange Commission and Department of Justice prosecutors from the Southern District of New York.
  • Engaged to represent two former executives in connection with the high-profile multi-agency investigation into sales practices violations within the Community Banking division of Wells Fargo Bank.

Dispute resolution > International arbitration Tier 4

The 'highly intelligent and creative' practice at Vinson & Elkins LLP stands out for its specialist focus on energy, infrastructure development and construction disputes. The team secures a steady stream of both commercial arbitration and investor-state disputes and acts for the full range of private and public companies, sovereign states and state-owned entities. James Loftis drives the international dispute resolution practice from Houston and is widely recognized for his skill sets in the oil and gas and construction spheres. In New York, Camilo Cardozo demonstrates 'huge experience and knowledge' and is noted for his focus on Latin America-related matters. Counsel José Sanchez also has a significant LatAm dimension to his practice.

Practice head(s):

Other key lawyers:

Testimonials

‘Excellent team from V&E; all lawyers have an excellent knowledge of arbitration and claims.’

‘We particularly value the team’s dedication to learning our business and understanding our people.’

‘Lawyers are highly intelligent and creative in presenting the best case possible to further our interests.’

‘Camilo Cardozo is the best lawyer/advisor that I have worked with. He is an excellent lawyer with huge experience and knowledge.’

Key clients

Panama Canal Authority

Khaitan Holdings (Mauritius) Ltd.

Ministry of Oil of the Republic of Iraq

Exxon Mobil Corporation

KBR, Inc.

Offshore Exploration and Production LLC

Tampico Beverages Inc

E Energija UAB

Basrah Oil Company

CMC di Ravenna

Work highlights

  • Representing the Panama Canal Authority in a series of arbitrations arising out of the Panama Canal extension project.
  • Representing the Ministry of Oil of the Republic of Iraq (as representative of the Republic of Iraq) in two arbitrations.
  • Representing Basrah Oil Company in a number of contentious matters,

Finance > Restructuring (including bankruptcy): corporate Tier 4

Vinson & Elkins LLP has a diverse practice, with expertise in a magnitude of industries including energy, telecommunications, retail, real estate, healthcare and shipping. It represents clients in all matters pertaining to in and out-of-court restructurings. Noteworthy matters includes its representation of Riverstone Holdings LLC and its affiliates in its prepackaged Chapter 11 cases of its portfolio company, UTEX Industries, Inc. and its representation of Unit Corporation in relation to its financial restructuring arising from Chapter 11 matters. David Meyer  and Bill Wallander co-head the practice. Meyer is based in New York whilst Wallander splits his time between both New York and Dallas. The practice has been expanded at senior level with the promotion to partner of Jessica Peet, Bradley Foxman and Lauren Kanzer during 2021. Lawyers are in New York unless otherwise stated.

Practice head(s):

David Meyer; Bill Wallander

Other key lawyers:

Steven Abramowitz; George Howard; Paul Heath; Harry Perrin; Bill Wallander; Jessica Peet; Bradley Foxman; Lauren Kanzer

Testimonials

‘Highly commercial, user friendly team across all restructuring matters.’

‘David Meyer is top notch – highly likeable and effective.’

Key clients

Jonah Energy LLC

Riverstone Holdings LLC

HPS Investment Partners LLC

Riverstone Credit Management LLC

Unit Corporation

AMP Capital Investors (US) Limited

Meritage Midstream Services II, LLC

U.S. Well Services, Inc.

Lilis Energy, Inc.

Bonanza Creek Energy Inc.

CSI Compressco LP

Sixth Street

MC Capital

Prudential Insurance

Arena Capital

Select Energy Services, Inc.

Standard Fiber LLC

Affiliates of Freeport-McMoRan Inc.

Wells Fargo Bank N.A.

JPMorgan Chase Bank, NA

Centerbridge Partners, L.P.

White Oak Global Advisors, LLC

The Goldman Sachs Group, Inc.

Royal Bank of Canada

Ad Hoc Group of Co-Op Members of Brazos

Ad Hoc Group of Lenders to Washington Prime Group

Carbo Ceramics, Inc.

Southwest Airlines

California Resources Corporation

Jonah Energy LLC

Riverstone Holdings LLC

HPS Investment Partners LLC

Riverstone Credit Management LLC

Unit Corporation

AMP Capital Investors (US) Limited

Meritage Midstream Services II, LLC

U.S. Well Services, Inc.

Lilis Energy, Inc.

Bonanza Creek Energy Inc.

CSI Compressco LP

Sixth Street

MC Capital

Prudential Insurance

Arena Capital

Select Energy Services, Inc.

Standard Fiber LLC

Affiliates of Freeport-McMoRan Inc.

Wells Fargo Bank N.A.

JPMorgan Chase Bank, NA

Centerbridge Partners, L.P.

White Oak Global Advisors, LLC

The Goldman Sachs Group, Inc.

Royal Bank of Canada

Ad Hoc Group of Co-Op Members of Brazos

Ad Hoc Group of Lenders to Washington Prime Group

Carbo Ceramics, Inc.

Southwest Airlines

California Resources Corporation

Work highlights

  • Advised Jonah Energy LLC in connection with its out-of-court restructuring.
  • Advised Riverstone Holdings LLC and HPS Investment Partners, LLC as equity owners in connection with the potential out-of-court restructuring and subsequent chapter 11 cases of Alta Mesa Resources and its subsidiaries.
  • Advised affiliates of Riverstone Holdings LLC in connection with the prepackaged chapter 11 cases of its portfolio company, UTEX Industries, Inc..

Industry focus > Sport Tier 4

Vinson & Elkins LLP offers a full range of integrated services to its clients and is regarded for its advice on licensing, technology development and data-related offerings. The practice also acts in litigation related to patent and IP matters. Dividing her time between Austin and New York is co-head Hilary Preston, with experience standing before trial and appellate courts in connection with IP and commercial disputes. Devika Kornbacher also co-heads the practice and divides her time between Houston and New York, being further noted for providing advice on data privacy, compliance and cybersecurity issues.

Practice head(s):

Hilary Preston; Devika Kornbacher

Key clients

Banner Seventeen, LLC

Brooklyn Events Center, LLC

Brooklyn Sports and Entertainment LLC

Cavaliers Operating Company, LLC

Chicago Professional Sports Corporation

Detroit Pistons Basketball Company

Hornets Basketball Holdings, LLC

Houston Astros, LLC

Memphis Basketball, LLC

Milwaukee Bucks, LLC

Minnesota Timberwolves Basketball Limited

New Orleans Pelicans NBA, LLC

NHL Enterprises, L.P.

Orlando Magic, Ltd.

Pacers Basketball, LLC

Rocket Ball, Ltd.

San Antonio Spurs, L.L.C.

The Los Angeles Lakers, Inc.

Washington Sports & Entertainment

World Champions Rodeo Alliance, LLC

Work highlights

  • Represented Houston Astros in a putative class action brought by five individuals who participated in DraftKings fantasy baseball contests.
  • Represented Houston Astros in relation to a lawsuit brought by a former pitcher for a Major League Baseball team.

M&A/corporate and commercial > Private equity buyouts Tier 4

Vinson & Elkins LLP continues to expand its share of the national private equity market, advising on a number of sophisticated transactions for notable sponsors including KKR, Carlyle, and Riverstone, combining traditional buyouts and portfolio company M&A with regular involvements in PE-led SPAC deals for the likes of Apollo and TPG. The firm is a long-standing leader in the energy space, handling bulge-bracket deals in areas such as midstream oil & gas and renewable energy, and is increasingly involved in tech and telecoms work in New York and California. The team is led from Houston by Keith Fullenweider , Matthew Strock , and David Oelman , with New York’s Jim Fox also a key player. Benji Barron joined the Houston office from an in-house position in July 2021, furthering the firm’s expertise in midstream energy transactions, while Gabriel Silva arrived at the New York office from January 2021 and brings a valuable relationship with Digitalbridge. Lande Spottswood in Houston is an increasingly influential name in the team, while Dallas’s John Grand is relationship partner for several of the firm’s major clients.

Practice head(s):

Keith Fullenweider; Matt Strock; David Oelman; Jim Fox

Other key lawyers:

Lande Spottswood; John Grand; Gabriel Silva; Benji Barron; Katherine Frank

Testimonials

‘Team goes above and beyond to serve their customers, leverage the experts within the firm and are also able to juggle many different projects and files.’

‘The team I work with are incredibly proactive and are considered extension of our own deal teams. Gabriel Silva is an outstanding partner whom I have had the pleasure to work with on a number of different files.’

‘Gabriel Silva is a down to earth, approachable and diligent advisor who can be trusted to assist with business critical matters.’

Key clients

Apollo Global Management

Blackstone

The Carlyle Group

Clearlake Capital

Digital Bridge Investment Management

Double Eagle Energy Holdings III LLC

EnCap Investments

Elliott Management

Goldman Sachs

Kohlberg Kravis Roberts (KKR)

NGP Energy Capital

Oaktree Capital Management

Riata Capital Group

Riverstone Holdings

RLH Equity Partners

Sixth Street

Takkion TP&L Holdings LLC

Tinicum, Inc.

TPG

Vista Equity Partners

Work highlights

  • Advised multiple private equity sponsors in the IPO and/or business combination of their blank check companies.
  • Advised BCP Raptor Holdco, LP, a portfolio company of Blackstone and I Squared Capital and the parent company of EagleClaw Midstream, in an all-stock business combination with Altus Midstream Company.
  • Advised DigitalBridge Investment Management in its acquisition of a controlling stake in Vertical Bridge Holdings, LLC.

Real estate > Construction (including construction litigation) Tier 4

Vinson & Elkins LLP has a standout construction practice for energy projects, acting for owners, developers and investors on the range of matters. It also handles public infrastructure projects as well as a range of other developments, both public and private, representing clients in EPC, design build and other engineering and construction arrangements. The team has a cross-country and global reach, coordinating with its London office in particular. Accomplished litigator D. Ferguson McNiel co-leads the group with energy and infrastructure projects specialist Kaam Sahely. They work closely with the head of the firm’s international dispute resolution practice, Jim Loftis, and energy transactions experts Mark Brasher and Alan Alexander to provide comprehensive advice on the range of construction matters. Senior associate Stephanie Coco is a rising star in the market with experience in multiple sectors of the energy industry, including pipelines, LNG, power generation and chemicals. All named lawyers are based in Houston

Practice head(s):

Ferguson McNiel; Kaam Sahely

Key clients

Apollo Global Management, Inc.

Blackstone Energy Partners

Driftwood LNG LLC

Enbridge

Goldman Sachs

Gulf Coast Ammonia

LNG 21, LLC

New Fortress Energy

Noble Energy, Inc.

Riverstone

Tellurian, Inc.

Texas Central Partners

Tyr Energy

Woodside Petroleum

Panama Canal Authority (ACP)

Jefferson Gulf Coast Energy Partners

Energy Transfer LP

GTLA Holdings, LP

KBR, Inc.

The Blackstone Group

Work highlights

  • Representing Texas Central Railroad as project counsel in the development of a privately financed high speed rail project between Dallas and Houston.
  • Advising New Fortress Energy on its Fast LNG project for the development and construction of a floating liquefied natural gas facility currently under construction in Ingleside, Texas.
  • Represented Blackstone Credit in the formation of a $150m exclusive financing agreement for the development of microgrid projects between its portfolio company ClearGen and Verdant Microgrid, a clean energy development company.

Tax > US taxes: contentious Tier 4

Vinson & Elkins LLP represents clients in financial services, health care, real estate, and energy industries on both domestic and international tax disputes before tax authorities, as well as tax disputes between private parties. The firm has seen an increase in representing partnerships often owned by high-net-worth individuals or major corporations, as well as filing amicus briefs. Based in Houston, tax controversy team lead George Gerachis represents clients in Tax and Federal District Courts. He works alongside David Cole, who specializes in tax controversy, ranging from audits to IRS appeals and litigation. In Washington DC, Gary Huffman focuses on high-profile financial institutions and oil and gas corporations, and is a key resource regarding tax dispute resolution matters.

Practice head(s):

George Gerachis

Other key lawyers:

Testimonials

‘George Gerachis is one of the finest attorneys available to represent large companies in IRS disputes or tax transactional planning.’

Key clients

Energy Transfer LP

Otay Project L.P. (Oriole Management LLC)

Work highlights

  • Represented Energy Transfer LP in litigation in the Delaware Court of Chancery involving claims by The Williams Companies for billions of dollars in damages and a $410m termination fee.
  • Represented Otay Project, L.P., a California-based real estate developer, in Tax Court litigation involving novel issues of partnership taxation.

Dispute resolution > General commercial disputes Tier 5

Clients appreciate Vinson & Elkins LLP for its ‘approach which is carefully tailored in order to provide a unique, right-sized level of support for each matter at hand.‘ The team acts before federal and state courts, administrative agencies, arbitral tribunals, and appellate courts on behalf of clients from various industries, such as energy, banking, private equity, financial institutions, pharmaceuticals, environmental, mining, and media/entertainment. Jim Thompson in Houston and John Wander in Dallas head up the firm’s wider litigation practice. Craig Seebald in Washington DC and Michael Holmes in Dallas lead the litigation group, with Houston's Chris Popov and Christopher Duffy in Washington DC leading the complex commercial litigation team.

Practice head(s):

Jim Thompson; John Wander; Craig Seebald; Michael Holmes; Chris Popov; Chris Duffy

Other key lawyers:

Patrick Mizell; Matthew Moran

Testimonials

‘The V&E commercial disputes practice displays unparalleled expertise across a diverse, highly experienced team. Their approach is carefully tailored in order to provide a unique, right-sized level of support for each matter at hand. This unusual flexibility and business-focused mindset is highly appreciated.’

‘Chris Popov is exceptional in his level of responsiveness and his targeted, solutions-focused approach. He exudes a reassuring trustworthiness that makes it clear the matter is in capable, expert hands. Chris is particularly notable for clear communication about strategy and key issues with legal and non-legal client personnel, putting at ease even those individuals who have limited knowledge of what to expect in a dispute resolution context.’

Key clients

Vitol, Inc.

Apache Corp.

Huntsman International, LLC

Oncor Electric Delivery Company

American Electric Power Company, Inc.

Antero Resources Corporation

Jefferson Gulf Coast Energy Partners

Plains All American Pipeline, L.P.

State Bar of Texas

The Coca Cola Company

Energy Transfer LP

NGP Natural Resources X, L.P.

Houston Astros

Talos Energy LLC

United States Pipe and Foundry LLC

Texas Capital Bank

Regency Energy Partners, LP

EZCORP, Inc.

Eastern Caribbean Central Bank

Dyno Nobel

Opportune LLP

Innovex Downhole Solutions, Inc

Delta Energy & Communications Inc.

American Golf Corporation

Goldman Sachs

Barclays

Hat Size 3 Media, Inc.

Blackwells Capital LLC

Neovasc

Comscore

Work highlights

  • Representing Huntsman in a $43m breach of contract dispute in a Louisiana state court with Praxair, its supplier of hydrogen and carbon monoxide.
  • Represented Kinder Morgan in a matter where taxing units in Scurry County, TX pursued claims alleging that Kinder Morgan’s real property interests were not included in the appraisal rolls and Kinder Morgan therefore underpaid its property taxes.
  • Representing Apache in climate change litigation brought in the Northern District of California and the District of Delaware.

Dispute resolution > Leading trial lawyers Tier 6

Michael Holmes Vinson & Elkins LLP

M&A/corporate and commercial > M&A: large deals ($1bn+) Tier 6

Vinson & Elkins LLP is a long-established player in the field of energy-related M&A and is also an active name in the technology, consumer goods, life sciences, real estate and finance sectors. Based in Houston, Keith Fullenweider handles private equity and public company merger deals, boasting specialist expertise in transactions with conflict, specialist committee process and regulated business components. Other key names are based in Dallas and New York, among other locations.

Practice head(s):

Keith Fullenweider; Jim Fox; Sarah Morgan

Other key lawyers:

Matthew Strock; Steve Gill

Testimonials

‘The team’s knowledge of the industry, precedent transactions and provision optionality enabled our company to take an aggressive approach in various transactions. The team’s reputation also served our interests well.’

‘Steve Gill is one of the best public M&A lawyers in his field, and probably the best in the energy space. Regular communication, availability and board presentation ensured management was supported and the board was fully versed in all applicable aspects of the transaction.’

 

Key clients

Apollo Global Management, Inc.

Bonanza Creek Energy Inc.

Digital Bridge Investment Management

Double Eagle Energy Holdings III LLC

Enable Midstream Partners, LP

EnCap Investments L.P.

Enverus

Frank’s International, LLC

Goldman Sachs

Hygo Energy Transition Ltd.

Independence Energy LLC

Oaktree Capital Management, L.P.

Parsley Energy, LLC

Riverstone Holdings L.L.C.

Sixth Street Partners

Takkion TP&L Holdings LLC

The Blackstone Group, L.P.

The Carlyle Group

The Sinclair Companies

Tinicum, Inc.

TPG Capital Management, L.P.

Woodside Petroleum Ltd

WPT Industrial Real Estate Investment Trust

Work highlights

  • Representing Woodside Petroleum Ltd (ASX: WPL.AX) in its merger with BHP Petroleum (ASX: BHP.AX) with an approximately $30bn merged entity value.
  • Advised BCP Raptor Holdco, LP, a portfolio company of Blackstone and I Squared Capital and the parent company of EagleClaw Midstream, in an all-stock business combination with Altus Midstream Company (Nasdaq: ALTM).
  • Advised Enable Midstream (NYSE: ENBL)in its $7.2bn merger with Energy Transfer (NYSE: ET).

Government > Government relations

Vinson & Elkins LLP‘ offers clients a congressional investigations practice comprised of former high-ranking government officials. Experts in crisis management, the team has successfully prepared and represented corporate and individual clients in complex, nationally significant matters, including investigations into the attacks on the US Capitol, and high frequency retail trading in meme stocks. Washington DC based Michael DryRonald Tenpas, and Zachary Terwilliger lead the team.

Industry focus > Transport: aviation and air travel - finance

Vinson & Elkins LLP launched a New York-based aviation finance practice in January 2022 when it hired as partners David Berkery (former A&L Goodbody LLP partner in Dublin) and former Milbank associate Niels Jensen, who between them advise airlines, aircraft leasing companies, financial institutions and private investors.

Real estate > Land use/zoning

Vinson & Elkins LLP  fields a specialist condemnation and eminent domain department based in Houston that particularly excels in condemnation disputes.

Latin America: International firms > International arbitration Tier 3

Houston-based James Loftis leads a Vinson & Elkins LLP international arbitration team that provides ‘clear, precise and well-founded solutions’ for its clients in both commercial and investor-state matters. The ‘excellentCamilo Cardozo in New York is a key contact for Latin America work, with London-based Nick Henchie known for his extensive construction industry expertise. Up-and-coming New York-based partner José F Sanchez handles arbitral matters in English, Spanish, and Portuguese, and has experience of ICC, ICSID, ICDR, LCIA, UNCITRAL and Brazil-Canada Chamber of Commerce rules - particularly as regards infrastructure, energy, investor-state relationships, and post-acquisition disputes.

Practice head(s):

James Loftis

Testimonials

‘The Vinson & Elkins team led by Camilo Cardoso is excellent. They have extensive knowledge of arbitration.’

‘The commitment to the advisor-client relationship is extraordinary. Camilo Cardoso is there for the client every step of way.’

‘José Sánchez knows his cases in detail and delivers excellent work.’

‘They spend as much time as necessary to thoroughly understand the case and present clear, precise and well-founded solutions.’

Key clients

Panama Canal Authority

XTO and Exxon Mobil Exploration Argentina

Offshore Exploration and Production

Tampico Beverages

New Fortress Energy

Work highlights

  • Handling a series of arbitrations for the Panama Canal Authority (arising from the complex Panama Canal extension project) against Grupo Unidos por el Canal, a consortium of European and Panamanian companies.
  • Representing Tampico Beverages in its dispute against Cerveceria Nacional Dominicana, arising from a licensing agreement between the parties for the manufacturing, promotion and sale of Tampico’s products.
  • Representing Offshore Exploration and Production in ICDR arbitration against the state-owned oil companies of Korea (Korea National Oil Corporation) and Colombia (Ecopetrol).

United Arab Emirates > Dispute resolution: arbitration and international litigation Tier 4

Vinson & Elkins LLP has expertise handling disputes under a wide variety of arbitral forums including ICC, DIAC, LCIA and ad hoc arbitrations. Former managing partner Amir Ghaffari and key team member Joseph Chedrawe have now left the firm.

Practice head(s):

James Loftis

Key clients

Abu Dhabi National Oil Company

Government of Dubai

Gulf Oil Petroleum Company (Kuwait)

Ministry of Oil of the Republic of Iraq

Saipem S.p.A.

Basrah Oil Company

GreyMatter Limited

Work highlights

  • Representing the Ministry of Oil of the Republic of Iraq and its affiliate state oil companies, in a number of international arbitrations.

Latin America: International firms > Compliance and investigations

Vinson & Elkins LLP is especially noted for energy (including oil and gas) sector cases, including allegations of FCPA violations, along with investigations linked to M&A and project development due diligence. The government investigations and white-collar defence practice is also active in the technology and financial services sectors. New York partner Palmina Fava  is a genuine Latin America specialist with an active practice in investigations and compliance programmes. Washington DC’s Ephraim Wernick is an experienced figure in FCPA investigations by the DOJ and SEC. Matthew Jacobs has joined DLA Piper LLP (US).

Practice head(s):

Michael Dry; Palmina Fava; Ephraim Wernick; Zachary Terwilliger

Testimonials

Very strong, especially in energy and Latin America. Has built a top team.

Fry Wernick and Palmina Fava – they are impressive leaders.

Key clients

State-Owned Oil Company

Joachim Alexander von der Goltz

Multibillion-dollar private equity fund

Work highlights

  • Represented a state-owned oil company in Latin America in an investigation of the acquisition and development of an alternative energy facility.
  • Represented a fund manager who utilised Mossack Fonseca to create shell company with bearer shares to hide the beneficial ownership of an offshore entity to avoid US taxes.
  • Represented a multibillion-dollar private equity fund in conducting exhaustive compliance due diligence connected to a $100m-plus infrastructure investment in Colombia.

For over a century, Vinson & Elkins’ lawyers have provided innovative business solutions for clients whose needs are as diverse as the entities they represent. In today’s challenging environment of global markets, volatile economies and complex human and environmental issues, the firm’s time-tested role as trusted adviser has become even more critical. The lawyers’ extensive experience, combined with the responsiveness and efficiencies of the firm’s global reach, enables V&E to serve clients from start-up, to the negotiating table and boardroom, and before legislative and regulatory bodies in the courtroom and beyond.

Main areas of practice: Core practice areas include: admiralty and maritime; antitrust; appellate; business transactions; capital markets and securities; climate change; condemnation and land use; construction; contracts; corporate governance and compliance; e-commerce/internet; executive compensation and benefits; employment, labor and OSHA; energy; environmental; finance; financial institutions; government contracts; infrastructure; intellectual property; international dispute resolution; litigation; mergers and acquisitions; oil and gas; outsourcing; private equity/venture capital; project finance and development; real estate; regulatory; REITs; restructuring and reorganization; securities litigation; structured finance; syndicated finance; tax; technology; telecommunications; and white-collar criminal defense.

International work: Vinson & Elkins’ 11 offices worldwide allow the firm’s lawyers to work efficiently across time zones, as well as with local lawyers in foreign jurisdictions, to accomplish the client’s objectives. In addition to legal experience, V&E has strong personal relationships with business people and other professionals that offer significant benefits to the client, including broad experience in transactions spanning multiple jurisdictions, cultures and languages.

The firm efficiently guides its clients through a wide range of transactions, such as mergers and acquisitions, joint ventures and strategic alliances, public and private offerings of securities in the developed and emerging capital markets, as well as development and financing of a variety of projects.

The firm’s international dispute resolution team engages in international arbitration under all leading institutional rules, as well as international civil litigation in US courts and in other jurisdictions. V&E’s lawyers work with clients to develop effective solutions to the complex problems and unique challenges of international business.

Clients: Since the firm was founded in 1917, it has attracted an outstanding and diverse group of lawyers who serve an international clientele. Clients include the governments of sovereign nations and North American states, cities and municipalities, public and private companies, domestic and international financial institutions, new entities, joint ventures and project companies.

Number of partners worldwide : 200 approximately
Number of lawyers worldwide : 720 approximately
Chairman : T Mark Kelly
Managing Partner : Scott Neal Wulfe
Other Offices : Dubai
Other Offices : London
Other Offices : Riyadh
Other Offices : Tokyo
Website : www.velaw.com