Baker Botts L.L.P. advises on tax aspects relating to a host of transactional matters, ranging from M&A deals, cross-border structuring considerations, JVs, and capital markets. The tax team is noted for ‘excellent know-how’, particularly prominent in the energy sector. Their work spans upstream oil and gas, LNG projects, digital and grid infrastructure, and financing. The tax team also features a preeminent and dedicated State & Local Tax practice. Steve Marcus, practice head based in Dallas, is known for being ’well-resourced, experienced and knowledgeable’, handling tax issues for public and private companies across corporation and partnership tax structures. Michael Bresson‘s presence is in tax matters in energy capital markets, renewables transactions, and structurings. Derek Green handles cross-border M&A, joint ventures, and securities offerings. Renn Neilson is known for his state and local tax knowledge, as is Matthew Larsen. Team members all based in Texas.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The Baker Botts state and local tax team offers deep expertise, strong relationships with key state leaders, and valuable strategic perspectives. They are consistently flexible, highly responsive, and treat my matters as a priority. They have successfully supported me across multiple transactions—including contract review, due diligence, and escrow defense—and remain my trusted firm for all state and local tax matters'

  • 'Renn Neilson leads the State and Local Tax practice and is experienced, thoughtful, and thorough. He is highly technical, an excellent writer, and a great sounding board. He also has a strong understanding of the specific issues affecting my industry.'

  • 'Excellent knowhow and always bring full history of client relationship and scope to the table’

  • ‘Baker Botts strength is intimate knowledge of our firm's structures, strategies and goals, allowing for practical and actionable advice in efficient manners. The team is extremely responsive, which facilitates an extreme amount of trust with their services. ’

  • ‘Steve Marcus is our primary contact - he is well resourced, experienced, and knowledgeable. Steve is reliable and responsive, while providing practical and actionable advice. We have ultimate trust in Steve, as he knows our strategies and structures intimately. ’

  • ‘Matthew Larsen and the Baker Botts team has helped provide important counsel and guidance to us throughout many tax and tax abatement processes. They have been responsive, involved and critical to our success in these matters. ’

  • ‘Matthew Larsen has been a trusted partner for us for many years. His knowledge and hard work have helped us achieve successes in tax abatement matters for several years.’

  • ‘The tax team is very responsive, and I can rely on them to identify issues quickly and provide solutions.’

  • ‘Very amazing, smart, steeped attorneys; very responsive and helpful in tight, complicated situations’

  • ‘Smart, proactive, very good. Renn Nielson awesome. Derek Green and Jon Lobb - truly amazing!’

Key clients

  • Affinius Capital
  • Archrock Inc.
  • BASF Corporation
  • BKV Corporation
  • Cargill, Inc.
  • CenterPoint
  • Cheniere Energy, Inc.
  • Domino’s Pizza Distribution, LLC
  • ENGIE North America, Inc.
  • EnLink Midstream LLC
  • EOG Resources, Inc.
  • HMH Holding Inc.
  • HyVelocity LLC
  • Lancium LLC
  • Liberty Latin America
  • Marathon Petroleum Corporation
  • Matador Resources Corporation
  • NextLevel Association Solutions, Inc.
  • Nucor Corporation
  • Pennybacker Capital Management, LLC

Work highlights

Represented EnLink Midstream, in connection with the acquisition by ONEOK of ENLC's outstanding common units and 100% of the interests in the managing member of ENLC for total consideration of approximately $3.3 billion.
Represented Matador Resources Company in connection with its $1.832 billion acquisitions of Ameredev II PArent from affiliaties of EnCap Investments.
Practice head

Steve Marcus

Other key lawyers

Derek Green; Renn Nielson; Michael Bresson; Matthew Larsen; Jon Lobb