Representations while at Kirkland:
- Basalt Infrastructure Partners LLC on its acquisition of Xpress Natural Gas, an integrated Compressed Natural Gas provider operating in the U.S. and Canada.
- Janus International in its $1.9 billion business combination with Juniper Industrial Holdings (NYSE: JIH), a special purpose acquisition company.
- Bluescape Energy Partners, as part of a consortium of investors, in the $1.4 billion preferred and common equity investment in CenterPoint Energy, Inc.
- Oasis Petroleum Inc. and certain of its subsidiaries, which acquire and develop unconventional oil and natural gas resources in North Dakota, Montana and West Texas, in creditor negotiations achieving a pre-packaged Chapter 11 filing and the availability of a $450 million debtor-in-possession credit facility, consisting of a $150 million new money revolving facility and up to a $300 million roll-up of existing prepetition loans, while simultaneously reducing outstanding funded debt by more than $1.8 billion. The package includes a commitment for a reserve-based lending exit facility in an aggregate amount of up to $575 million to be entered into upon exit from Chapter 11.
- Valaris plc, the world’s largest offshore driller by fleet size, and 89 of its subsidiaries in creditor negotiations in their Chapter 11 Cases and their $500 million debtor-in-possession term loan agreement with certain of their noteholders, and various commercial operations issues in connection therewith.
- Valaris Limited, the world’s largest offshore driller by fleet size, and its subsidiaries in its issuance and negotiation with backstop creditors of $550 million of senior secured notes due 2028 in connection.
- FTS International Inc. and its affiliates in their prepackaged Chapter 11 cases. FTSI, a publicly-traded company, is one of the largest providers of hydraulic fracturing services in North America and provides customized hydraulic fracturing solutions to exploration and production companies to enhance recovery rates from oil and gas wells drilled in the most active basins in the United States.
- Just Energy Group Inc. a Mississauga, Ontario-based leading retail consumer company specializing in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options, and certain of its subsidiaries, in its $125 million debtor-in-possession credit facility in connection with its CCAA filing in Canada and Chapter 15 filing in the United States. Prior to filing for bankruptcy, Just Energy Group Inc. was severely adversely impacted by the unprecedented winter storm in Texas in February 2021.
Representations prior to Kirkland:
- Representation of private equity fund in connection with a UCC “friendly-foreclosure” on substantially all the assets of a portfolio chain of pharmacies.
- Representation of a venture capital fund in fund formation and structuring and subscription-secured financing arrangements.
- Representation of several small business investment companies (SBICs) in connection with regulatory and operational analyses.
