Kirkland Advises Echo on Asset Sale by its Affiliate Echo Minerals

Kirkland & Ellis advised Echo, a multi-strategy investment firm, on an asset sale by its affiliate Echo Minerals for an undisclosed amount. The transaction with an undisclosed buyer involved the sale of Echo’s remaining mineral interest position in the Permian and Anadarko basins. With proceeds from the transaction, Echo will further fuel its investments in projects and enterprises renewing and advancing American innovation and resiliency in such industries as energy, life science, national security and media & entertainment.

The Kirkland team included real assets lawyers Chris Heasley, Jarrod Gamble and Tom Harrigan; corporate lawyers John Kaercher and Pi Praveen; tax lawyers Mark Dundon and Brooke Schafer; and environmental transactions lawyer Jonathan Kidwell.