Chambers & Partners has compiled their independent and objective list of America's Leading Lawyers for Business based on comments gathered from thousands of interviews with clients and lawyers from Maine to Hawaii. This guide -- which is designed to reflect market opinion -- contains a view of the firms and attorneys who are considered leaders in their field.
In Chambers' 2005 review of national legal talent in the area of "Energy: Electricity," our Firm and our lawyers are listed among the best in the country.
District of Columbia Ranking: 5
The Firm: The firm enters the table this year on the strength of interesting work done by both the regulatory and transactional arms of the energy practice. On the commercial side, the firm has been helping to renegotiate Constellation's $1 billion supply contract with the State of California. This is particularly notable as it is the first successful renegotiation of a California power contract. As a giant in private equity, it is also busy assisting private investors into the electricity sector. For example, the group advised Morgan Stanley in its first venture into this market, namely its acquisition of the Brooklyn Navy Yard cogeneration plant. On the regulatory side, the team is a market leader in counseling independent generators on grid interconnection issues. Additionally, Kirkland & Ellis was debtor's counsel in the high-profile NRG bankruptcy, and the energy team worked on the energy-specific side of this work.
The Lawyers: The practice consists of a team of seven lawyers, headed by Mitch Hertz.
The Clients: Morgan Stanley Capital Partners; Tenaska Energy; Constellation Energy; Calpine; InterGen; Invenergy; NRG Energy; BP; Orion Power Holdings; The Energy Cooperative; AES; Cedar Bay Generating Company; Westinghouse and Reliant Energy.
Reprinted with permission from Chambers USA, America’s Leading Lawyers for Business 2005 - www.chambersandpartners.com.