Locke Lord served as legal counsel to Hastings Equity Partners in its investment in FloCap Injection Services, LLC, a leading provider of specialty chemicals and capillary tubing services to oil and gas production companies.
Locke Lord’s Lou Rizoli (Boston) successfully lobbied the Massachusetts legislature on behalf of Project Bread to keep the nonprofit’s Child Nutrition Outreach Program funded at $375,000 (until FY2014, this program was level funded at $250,000).
Locke Lord advised Edvance International Holdings Limited, the issuer, on its HK$80 million listing on the GEM Board of the Stock Exchange of Hong Kong by way of placing and public offer.
A Locke Lord team of Charles Baker and Daniel Nguyen (both of Houston) recently obtained a favorable result for their client, Drive DeVilbiss Healthcare, in the Eastern District of Texas.
A Locke Lord team represented Matador Resources Company in a group of long-term natural gas, crude oil and produced water midstream contracts with San Mateo Midstream LLC involving Matador’s properties in the Delaware Basin.
Locke Lord advised BCI Group Holdings Limited, the issuer, on its HK$68 million listing on the GEM Board of the Stock Exchange of Hong Kong by way of placing and public offer.
A Locke Lord team led by Tammi Niven (Houston) served as counsel to Lucid Energy Group in the completion of the refinancing and expansion of two revolving credit facilities.
A Locke Lord team of Mitch Tiras and Eric Larson (both of Houston) represented Fortis Minerals II, LLC, a Texas-based company that will engage in the acquisition of mineral interests and royalty interests, in a deal with private equity firm EnCap Energy Capital Fund X, L.P., in which $300 million in equity was committed to Fortis II.
A Locke Lord team led by Joe Perillo (Houston) represented White Deer Energy in the contribution of the company’s interests in Crescent Cos. LLC in an all-stock transaction valued at $207 million to Rockwater Energy Solutions Inc.
A Locke Lord team led by Jonathan Bank (Los Angeles) assisted ProTucket Insurance Co. in the company's establishment as a subsidiary of Pro Global Insurance Solutions P.L.C. in Rhode Island.
Locke Lord advised China Aircraft Leasing Group Holdings Limited in connection with its member company, Aircraft Recycling International Limited’s acquisition of a 100 percent equity interest in Universal Asset Management, Inc.
A Locke Lord team led by Mitch Tiras (Houston) represented NGP Natural Resources, XI L.P. in approximately $254 million of equity commitments to Luxe Minerals LLC.
Locke Lord advised Changjiang Corporate Finance (HK) Limited as the sole sponsor in the HK$219.9 million initial public offering and listing on the Main Board of the Stock Exchange of Hong Kong by Persta Resources Inc.
A Locke Lord team represented Biohaven Pharmaceutical Holding Company Ltd. in its completion of the second tranche of its previously disclosed $80 million private financing.
A Locke Lord team led by Geoffrey Etherington (New York) represented AmTrust Financial Services, Inc. in its completed acquisition of AmeriHealth Casualty Insurance Company from Independence Health Group, Inc. for approximately $92.8 million.
A Locke Lord team led by Bill Swanstrom (Houston) represented American Midstream Partners LP in its merger agreement with JP Energy Partners LP to create a combined midstream platform.
Locke Lord served as legal advisor to MobileHelp in the company’s acquisition by ABRY Partners, a Boston-based private equity firm, announced on Feb. 8, 2017. Financial terms of the deal were not disclosed.
A Locke Lord team led by Mitch Tiras and Mechelle Smith (both of Houston) represented Houston-based M5 Midstream LLC in an equity capital raise of approximately $585 million.
A team of Locke Lord Houston lawyers represented M5 Midstream LLC in the negotiation and stalking-horse bid to purchase substantially all of the assets of Azure Midstream Partners, LP for $151.1 million.
A Locke Lord team led by Joe Perillo (Houston) represented the shareholders of BCCK Holding Company in the sale of a majority interest of the company for an undisclosed value to SCF Partners creating a strategic partnership.
A Locke Lord team represented SureTec Financial Corp., a surety bond company, in a definitive agreement for Markel Corporation to acquire SureTec for approximately $250 million, inclusive of a three-year earn out.
Locke Lord assisted Zydus Cadila, an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies, in the acquisition of all of the shares of stock of Sentynl Therapeutics Inc., a San Diego-based commercial-stage specialty pharma company that specializes in marketing products in the pain management segment.
Locke Lord represented Hitachi Construction Machinery Co., Ltd. in its acquisition of H.E. Parts International, LLC, a producer of replacement and improvement component parts for large construction and mining vehicles.
Locke Lord represented Enterprise Offshore Drilling LLC in the purchase of a fleet of Gulf of Mexico ships and equipment for oil exploration and production from Hercules Offshore Inc.
A Locke Lord team served as legal counsel to Coral Reef Capital, a New York-based private investment firm, in its investment in Krewe Energy, LLC, an oil and gas exploration and production company based in Covington, La.
Locke Lord acted as legal advisor for Helix Energy Solutions Group, Inc. in the public offering of 26.45 million shares at $8.65 per share for gross proceeds of almost $230 million.
A Locke Lord London team led by James Channo represented Derriston Capital Plc, a shell company that has been formed to invest in the medical technology sector, on its standard listing on the London Stock Exchange’s Main Market for listed securities on Dec. 29, 2016.
A Locke Lord team led by Eric Johnson (Houston) represented ION Geophysical in an "at-the-market" equity offering program, announced on Dec. 22, 2016.
A Locke Lord team led by Michelle Earley (Austin) represented Pillarstone Capital REIT in its acquisition of 14 real estate assets from Whitestone REIT for a total transaction value of approximately $84 million.
David Patton (Houston) represented Comstock Resources, Inc. in the company’s definitive purchase and sale agreement with a third party to sell Comstock's conventional natural gas properties in South Texas.
A Locke Lord team led by Andrew Hughes and Paul Mahoney (both of Providence) represented Silver Oak Services Partners, a lower-middle market private equity firm focused exclusively on business, healthcare and consumer services companies, and its portfolio company Accent Food Services (Accent), in the sale of Accent to Audax Private Equity.
On Dec. 2, 2016, the Texas Supreme Court declined to rehear its opinion in favor of Locke Lord clients, Yorkshire Insurance Co. Ltd. and Ocean Marine Insurance Co., Ltd.. In June 2016, the court had unanimously ruled that the insurers’ commercial general liability insurance policy did not cover the wrongful death of a leased-in worker on the insured’s drilling rig.
A Locke Lord team acted as legal counsel for NewStar Financial Inc. in the sale of its equipment finance business and related assets to Radius Bank for approximately $140 million, which closed on Dec. 1, 2016.
A Locke Lord team represented THE SWITCH, North America's leading video solutions service provider, in its acquisition of Pacific Television Center, Inc. (PacTV) for an undisclosed value. THE SWITCH also announced an equity investment from True Wind Capital, which will support the company's next phase of growth.
A Locke Lord team led by Marc Heller (New York) represented TruAmerica Multifamily LLC in its closing of a six-property multifamily portfolio in the suburbs of Baltimore, MD.
Locke Lord represented the Conflicts Committee of CONE Midstream Partners LP in the dropdown from its sponsors (Noble Energy, Inc. and CONSOL Energy, Inc.) of an additional 25 percent interest in CONE Midstream DevCo I LP, commonly referred to as CONE Midstream’s “Anchor Systems”.
A Locke Lord team represented Dos Rios Partners, L.P. and its subsidiary, Pro EM Operations, LLC, in an asset transaction in which Pro EM Operations acquired substantially all of the assets of Pro EM Party and Event Rentals, LLC.
A Locke Lord team represented Dos Rios Partners, L.P. and its subsidiary, Pathfinder Aviation Holdings, LLC, in the acquisition by Pathfinder Aviation Holdings of 100 percent of the equity interests of Pathfinder Leasing, LLC, Pathfinder Aviation, LLC and Flightpath, LLC.
A Locke Lord team represented Biohaven Pharmaceutical Holding Company Ltd. in its completion of an oversubscribed $80 million private financing, announced on Nov. 1, 2016. According to the Biohaven press release, this financing will be used to advance the company’s late stage clinical pipeline and advance new therapies into clinical trials.
Locke Lord represented Houston-based Triple-S Steel Holdings, Inc. in the acquisition of Metals, Inc., an Oklahoma steel service center. Triple-S, a steel supplier with over 30 steel service centers across the U.S. and a location in Colombia, purchased Metals, Inc. for an undisclosed value.
A Locke Lord team led by Christopher Martin (Houston) and Jonathan Bank (Los Angeles) represented a global insurance and reinsurance company in its acquisition of a specialist marine insurance agency. The deal was announced on Nov. 1, 2016.
Locke Lord represented Martin Midstream Partners L.P. in a definitive agreement with NuStar Logistics, L.P. to sell certain of its terminalling assets located in Corpus Christi, Texas, for gross consideration of $107 million plus the reimbursement of certain capital expenditures and prepaid items.
A Locke Lord team represented Karbach Brewing Co. in the sale of the Texas craft brewer to Anheuser-Busch InBev. Karbach will join AB InBev’s diverse portfolio of craft breweries within The High End. The deal was announced on Nov. 3, 2016 and financial terms were not disclosed.
Locke Lord assisted Helix Energy Solutions Group, Inc. in a $125 million offering of 4.25% Convertible Senior Notes due 2022.
Locke Lord represented Symrise, Inc. in the sale of the stock of Pinova, Inc., a company engaged in the business of specialty chemicals and chemical intermediates, to Derives Resiniques et Terpeniques, a French developer of gum rosin and turpentine, for $150 million.
Locke Lord served as company counsel on a round of financing for C4 Imaging LLC that has raised $1.1 million for the medical device development company. The funds are expected to be used by C4 Imaging as the company prepares its Sirius MRI Marker product and other MRI technology for commercialization.
A Locke Lord team led by Doug Yeager (Houston) represented AVERA Companies, a Houston-based commercial real estate development, construction and investment firm, on the purchase and lease of a 41.7-acre site at the entry of the Houston Ship Channel.
Locke Lord represented CSL Capital Management, LLC (CSL) in two recent acquisitions from related companies Bayou Workover Services, LLC and Bayou Well Services, LLC (together, Bayou). CSL is a Houston-based private equity firm focused on oilfield services companies.
A Locke Lord team led by Mitch Tiras and Eric Larson (both of Houston) provided legal counsel to NGP Natural Resources XI, L.P. in $524 million of new equity commitments for Luxe Energy LLC.
A Locke Lord team led by Mitch Tiras and Mechelle Smith (both of Houston) represented Kraken Oil & Gas II, LLC in a recently secured $200 million equity commitment from Kayne Anderson Energy Fund VII, L.P.
Locke Lord Counsel Sharon Blinkoff (New York) was instrumental in the preparation and counsel of Curran Danderand, CEO and Co-Founder of Jack Black LLC, for her testimony before the U.S. Senate Committee on Health, Education, Labor & Pensions for its full committee hearing, held in late September for purpose of ‘Exploring Current Practices in Cosmetic Development and Safety.
A Locke Lord team represented Zydus Pharmaceuticals (USA) Inc. at trial against Shire Development LLC in Shire’s effort to prevent Zydus from bringing to market a generic version of the drug LIALDA® (mesalamine). Judge Kent Jordan, a Third Circuit appellate judge sitting by designation in the United States District Court for the District of Delaware, ruled that Zydus’s proposed generic product would not infringe Shire’s patent.
A Locke Lord team led by Eric Larson (Houston) served as legal advisor to Tailwater Capital LLC, an energy-focused private equity firm based in Dallas, in an initial equity commitment of $100 million to a newly-formed portfolio company, Producers Midstream LP announced on October 4, 2016.
Locke Lord represented GN Hearing, one of the world's largest manufacturers of hearing aids, in its acquisition of Audigy Group, a provider of business and performance management solutions to independent hearing care, otolaryngology, otology and neurotology practices and leading University programs in North America.
Locke Lord advised on the $165 million disposal of the Crabtree & Evelyn Group.
Locke Lord, along with co-counsel from the Animal Legal Defense Fund (ALDF) and the Humane Society of the United States (HSUS), recently reached a settlement in a pro bono consumer lawsuit against Furry Babies, Inc., a Chicago-area pet store chain. Consumers claimed that the Furry Babies chain violated consumer protection laws by selling sick puppy mill puppies to customers. Under the settlement agreement, the pet store will now have to verify the specific source of each puppy and breeders must have no serious Animal Welfare Act violations.
Locke Lord represented White Deer Energy in the acquisition of oil services company, RockPile Energy Services, LLC, for an undisclosed amount announced on September 8, 2016.
Locke Lord represented Lucid Energy Group II in the acquisition of all outstanding stock of Agave Energy Holdings Inc. and the purchase of certain assets from Agave Energy Company for an undisclosed value. The deal closed on September 1, 2016. Lucid, a midstream provider, operates out of the Midland Basin and with this purchase will expand its footprint into the Delaware Basin of New Mexico.
A Locke Lord team led by Aileen Meehan (New York) and Julie Mahaney (Hartford) represented CGB Diversified Services, Inc., in the $49 million acquisition of U.S. crop insurance managing general agent Heartland Crop Insurance, Inc., from Everest Re Group, Ltd., completed on August 24, 2016.
A Locke Lord team led by Robert Eickenroht (Houston) advised Align Midstream Partners in the acquisition of a natural gas processing facility, gathering and trunk line assets in East Texas from Azure Midstream Partners LP for approximately $45 million.
Locke Lord represented Platform Partners LLC in the sale of its portfolio company, Evergreen Environmental Services, LLC, to Industrial Services Acquisition, LLC, which is an affiliate of The Sterling Group, L.P., which closed on June 17, 2016.
Locke Lord served as legal advisor to Dos Rios Partners, L.P. in two simultaneous acquisitions which both closed on June 28, 2016. In the first deal, Locke Lord represented Dos Rios in the acquisition of substantially all of the assets of RLF Salado Holdings, LLC, RLF Salado Properties, LLC, RLF Salado Properties II, LLC, RLF Salado Properties III, LLC, and RLF Salado Quarries, LLC.
Locke Lord acted as legal advisor to Universal American Corp. in the successful completion of Nassau Re’s previously announced acquisition of Universal American’s Traditional Insurance business.
Locke Lord International Partner Hansjoerg Heppe (Dallas) acted as local counsel for Masterflex SE in connection with its new syndicated loan agreement in the total amount of up to €45 million. The new loan’s term expires in June 2021.
A Locke Lord team led by International Partner Hansjoerg Heppe (Dallas) represented PFEIFER Seil- und Hebetechnik GmbH’s business unit, Cable Structures, one of the world leaders in the design, manufacturing and construction of architectural cable structures, in the acquisition of FabriTec Structures and Guard-All Building Solutions.
Ira Greenberg (New York) and Kara Cormier (Boston) obtained summary judgment in an action for damages that alleged that our client, American Tower, breached a confidentiality and non-circumvention agreement.
A Locke Lord team of Mitch Tiras, Mechelle Smith and Brooks Vanlandingham (all of Houston) represented Sabinal Energy, LLC in a $300 million equity commitment from Kayne Private Energy Income Fund, L.P, an energy private equity fund of Kayne Anderson Capital Advisors.
Marc Heller (New York) closed 4 transactions totaling over $390 million for TruAmerica Multifamily LLC in the second quarter.
Locke Lord Partner Chris Verducci and Associate Deanna Willson (both of Houston) represented Evolution Petroleum Corporation and several of its subsidiaries in a settlement agreement regarding litigation with Denbury Onshore, LLC, a subsidiary of Denbury Resources Inc.
The Court of Appeals for the Fifth District of Texas at Dallas issued a decision in favor of Locke Lord client, Illinova Corp., – a subsidiary of Dynegy – stating Illinova can recover $16.9 million it voluntarily paid to Ponderosa Pine Energy LLC.
A Locke Lord team, led by Steven Meyer (New York), prepared petitions for inter partes review (“IPR”) proceedings challenging five EmeraChem patents relating to emissions control systems.
Locke Lord’s Carrie Lee (Hong Kong) is advising Hong Kong-listed China Aircraft Leasing Group Holdings Limited in the sale of an aircraft disassembly project located in Harbin, China.
Locke Lord represented National General Holdings Corp. in the completed acquisition of Century-National Insurance Company, a California based insurer, on June 1st.
A Houston Locke Lord team led by Bill Swanstrom and Eric Larson represented KKCG, a Swiss investment group operating in 10 countries worldwide, in a $160 million commitment to US Methanol LLC, representing KKCG’s first major investment in the United States.
Locke Lord represented AmTrust Financial Services, Inc. in the completed acquisition of 100% of the outstanding equity of First Nationwide Title Agency, LLC and its subsidiaries for cash on May 20th.
A Houston Locke Lord team of Mitch Tiras, Eric Larson and Rachel Fitzgerald represented Fortis Minerals, LLC, a Texas-based company that will engage in the acquisition of mineral interests and royalty interests, in a deal with private equity firm EnCap Energy Capital Fund X, L.P., in which $250 million in equity was committed to Fortis.
A Locke Lord team of Steven Meyer, Charles Baker, Daniel Nguyen and Joseph Farco represented Zhongshan Broad Ocean Motor Co., Ltd. in an inter partes review proceeding challenging patent claims asserted by Patent Owner Nidec Motor Corporation regarding low noise heating, ventilating and/or air conditioning HVAC systems.
A Locke Lord deal team led by James Channo, who worked with Butterfield’s in-house legal team, advised the Bank of N.T. Butterfield & Son Limited on the multi-million GBP acquisition of the Bermuda Trust Company Ltd and the private banking investment management operations of HSBC Bank Bermuda Limited.
A Locke Lord team led by Walker Clarke provided counsel to Legacy™ Measurement Solutions, Inc. in the acquisition of WEDGE™ Energy Services L.L.C., a manufacturer of a wide range of measurement and control products for the oil and gas industry, for an undisclosed value.
A Locke Lord team led by Eric Johnson represented NOW Inc. in a recently announced agreement to purchase Power Service, a group including Power Service, Inc., Industrial Tool & Repair, Inc., d/b/a/ Power Service of Montana and Power Transportation LLC.
Locke Lord represented Chengdu Techcent Environment Group in its acquisition of Bilfinger SE’s Water Technologies division in the United States and South America.
The District Court of Hong Kong acquitted Sin Chung Yin Ronald (Sin) and IPFUND Asset Management Limited (IPFUND) of all charges with costs awarded in our clients' favor, in proceedings brought by the Securities and Futures Commission (SFC).
Locke Lord represented AmTrust Financial Services, Inc. in the $233 million acquisition of Republic Companies, Inc. and its affiliates from Delek Group Ltd. and Republic Insurance Holdings, LLC completed on April 18, 2016.
A Locke Lord team led by Andrew Hughes, Julie Mahaney and Paul Mahoney served as legal advisors to Superior Vision Corporation, a comprehensive eye care company, in its sale by funds affiliated with Nautic Partners, LLC to affiliated funds of Centerbridge Partners, L.P.
A Locke Lord team of Heather Stone and Yasmin Carlos provided legal counsel to Star America Infrastructure Partners, a leading New York-based infrastructure fund manager, in the closing of its North American P3 fund in March 2016.
A Locke Lord team acted as legal counsel for NewStar Financial Inc. in the sale of its asset-based lending subsidiary, NewStar Business Credit LLC to Sterling National Bank, a wholly owned subsidiary of Sterling Bancorp for approximately $330 million, announced on March 31, 2016.
A Locke Lord team led by Heather Stone provided legal counsel to McCarthy Capital in the closing of McCarthy Capital Fund VI, L.P. (“Fund VI”).
A Locke Lord team of Jeff Etherington and Zach Lerner represented Armour Group Holdings Limited (Armour) in the recently completed acquisition of Rampart Insurance Company (Rampart) by ILS Property & Casualty Re Limited, a subsidiary of ILS Property & Casualty Master Fund Ltd. (Fund), from Groupama SA.
In early 2016, Locke Lord acted as counsel to Lamar Media Corp. as issuer in the Rule 144A and Regulation S placement of $400,000,000 of 5 3/4 percent Senior Notes due 2026.
Locke Lord served as legal counsel to Lucid Energy Group II, LLC, a full-service midstream provider based in Dallas, in the recently secured initial equity commitment of $350 million from EnCap Flatrock Midstream and the Lucid II management team.
A Locke Lord team led by Brett Pritchard represented Tidal Solutions LLC in its sale to Venture Insurance Programs, announced on February 23, 2016 for an undisclosed sum.
Locke Lord Partners Andrew Hughes and Paul Mahoney represented Silver Oak Services Partners, a leading lower-middle market private equity firm focused exclusively on business, healthcare and consumer services companies, in its February 2016 sale of National Distribution & Contracting, Inc. (NDC) to New York-based private equity firm Court Square Capital Partners.
A Locke Lord LLP team provided legal counsel to Dos Rios Partners, L.P., a Texas-based private equity partnership, in the acquisition of the equity of Chandler Signs, LLC. Financial terms of the acquisition are undisclosed.
A Locke Lord team led by Greg Hill represented King Ranch, Inc. in the sale of the assets of Young Pecan, Inc. and KR Southwest Nut, Inc. to NP Young, LLC, a subsidiary of National Pecan Company.
A Locke Lord team provided counsel to Dos Rios, a Texas-based private equity partnership, in the recently completed investment in Houston-based ikan International, LLC, a designer, marketer and distributor of video and film production equipment and camera accessories.
Locke Lord lawyers in Boston, Chicago, and London, led by Matt Dallett, teamed up to represent publicly-traded Sevcon, Inc., a manufacturer of controllers for electric vehicles, in its acquisition of Bassi S.r.l., an Italian manufacturer of battery chargers, for approximately $15 million in cash and Sevcon stock.
A Locke Lord team, led by Steven Meyer, prepared petitions for inter partes review (“IPR”) proceedings challenging five EmeraChem patents relating to emissions control systems.
A Locke Lord team led by Jeff Etherington counseled AmTrust Financial Services, Inc. in the completed acquisition of ARI Insurance Company, announced on Friday, January 22nd. Members of both sides approved, among other matters, the conversion of ARI from a mutual holding company to stock form. Matt Dallett led the securities team.
A collaborative team involving several Locke Lord offices represented Louisiana Pellets, Inc. in connection with the construction and development of a 1 million metric ton biomass wood pellet production facility in Urania, Louisiana and the issuance of a total of over $300 million in taxable and tax-exempt bonds in connection therewith.
Locke Lord represented PTC Inc. in its acquisition of the Vuforia augmented reality technology platform from Qualcomm for $65 million. The transaction included the purchase of assets and licensing of certain intellectual property rights by PTC, a publicly traded company based in Massachusetts.
Locke Lord provided counsel to National General Holdings Corp. in its announced acquisition of Standard Mutual Insurance Company (SMIC), an Illinois based property and casualty underwriter, following the completion of the conversion of SMIC to a stock company from a mutual company.
A Locke Lord team led by Jeff Etherington provided counsel to National General Holdings Corp. in its recently announced agreement to buy Century-National Insurance Company, a California based property and casualty underwriter, for an expected total of $315 million, including an upfront cash payment of $140 million with the remaining balance deferred over two years.
Locke Lord advised Beijing Cenway Bio-energy Technology Co., Ltd. in the acquisition of a biodiesel plant facility in Houston.
Boston’s George Ticknor led a team representing Lamar Advertising in its $458.5 million acquisition of the assets of Clear Channel Outdoor Holdings, Inc., in five U.S. markets including Reno, NV, Seattle/Tacoma, WA, Des Moines, IA, Cleveland, OH and Memphis, TN.
A Locke Lord team led by Terry Radney represented NP Resources, LLC (NPR) in the acquisition of assets for horizontal drilling and production operations from an undisclosed seller in North Dakota’s Williston Basin.
A Locke Lord team of Terry Radney, Hunter Summerford and Walker Clarke provided legal counsel for PCORE Exploration & Production, a portfolio company of Natural Gas Partners, in the $149 million sale of underdeveloped acreage and oil and gas producing properties to Parsley Energy Inc.
A Locke Lord deal team led by Wing Cheung with Roger Wong and Max Hui is representing the vendor to dispose of the Crabtree & Evelyn Group to purchasers including a Hong Kong listed company at the consideration of US$175 million.
Greg Burch and Christie Yeung advised a leading U.S.-based operator of offshore service vessels in a dispute resolution matter regarding the default/anticipated default by a Chinese shipyard in the delivery of 12 vessels. The client had entered into various ship building contracts with the Chinese shipyard in excess of US$100 million.
A Locke Lord team led by Mitch Tiras, Joe Perillo and Terry Radney and including David Taylor, Walker Clarke, Hunter Summerford, Geoff Polma, Buddy Sanders, Eric Larson, Jerry Higdon, Ann Williams, Iliana Ivanova, among others represented Felix Energy, LLC when Devon Energy Corp. announced that it has agreed to acquire 80,000 net surface acres, with up to 10 prospective zones, in the Anadarko Basin STACK play from privately held Felix, a portfolio company of EnCap Investments, for $1.9 billion.
Locke Lord represented long-time Firm client, Berner Food & Beverage Inc., in its sale to an Austin-based private equity firm, Peak Rock Capital, for an undisclosed value. Berner, a private label food and beverage producer, closed the sale on November 23, 2015.
A Locke Lord Insurance team consisting of Paige Waters, Stephanie Macro, Baird Allis, Norris Clark,Jack Messmore and Tim Farber represented Springleaf Financial in its acquisition of OneMain Financial’s insurance companies and regulated insurance subsidiaries by obtaining the required insurance regulatory approvals.
Locke Lord lawyer Hugh Balsam secured a 3-0 decision for clients X-Body and Jewell Attachments before the Federal Circuit Court of Appeals. The Federal Circuit upheld summary judgment that X-Body's accused Acculoader devices do not infringe the asserted patent under either literal infringement or the doctrine of equivalents.
Locke Lord Partners David Taylor and Michelle Earley led a group of Firm lawyers who provided legal counsel to Team, Inc. in the planned acquisition of all of the outstanding shares of Furmanite Corporation. The stock-for-stock transaction is valued at approximately $335 million.
A Locke Lord team led by Billie Ellis and Matt Stockstill provided counsel to Allen Samuels Auto Group in the sale to AutoNation of 12 dealerships owned by the automotive retailer in various Texas markets. The dealerships, including 31 franchises, represent approximately $800 million in annual revenue.
Bryan Zerhusen, Partner in Locke Lord’s Intellectual Property group, represented Arvinas LLC, a private biopharmaceutical company creating a new class of drugs based on targeted protein degradation, in IP due diligence as part of its Series B financing round of $41.6 million.
Locke Lord advised Innovax Capital Limited, the sponsor in the HK$65 million placing and listing on the GEM Board of the Stock Exchange of Hong Kong of shares by Thelloy Development Group Limited, a main contractor in Hong Kong providing building construction services on October 9, 2015.
A Locke Lord team, led by Houston’s Terry Radney, Mitch Tiras and Joe Perillo, assisted Sarah Hurt, Senior Counsel, at Columbia Pipeline Group, Inc. (CPG), as Three Rivers Midstream LLC, an affiliate of Williams Partners L.P., acquired an initial 5 percent stake of Pennant Midstream, LLC (Pennant).
Locke Lord acted as counsel to JPMorgan Chase Bank, N.A. and a syndicate of other lending institutions in connection with a $282 million loan for the construction of a new Liberty Mutual Insurance campus headquarters facility planned for construction in West Plano.
AmTrust Financial Services, Inc. (AmTrust) has announced plans to acquire Republic Companies, Inc. (Republic) and its affiliates from Delek Group Ltd. and Republic Insurance Holdings, LLC for approximately $233 million.
A Locke Lord team led by Joe Perillo that included Lauren Corbeil, Walker Clarke, Jerry Higdon, Buddy Sanders, Ed Razim, Van Jolas, and Doug Yeager represented Symrise Inc., a global supplier of fragrances, flavorings, cosmetic base materials and substances, in its $397 million purchase of Pinova Holdings, Inc. from TorQuest Partners Inc.
Partners Barry Kramer and David Silvia represented Inline Plastics Corp. at the United States Federal Circuit Court of Appeals. Inline Plastics initially sued EasyPak, LLC in the District of Massachusetts over tamper-resistant plastic food containers used to sell items, such as fresh-cut fruit.
Locke Lord represented Morning Express & Logistics Limited and E Link Station Limited in the respective sale of a 33% stake and subscription of a 50% stake to Singapore Post Limited.
A Houston Locke Lord team of Bill Swanstrom, Mitch Tiras and Jeff Wallace represented The Energy & Minerals Group (EMG), a private investment firm, in its capital investment into a joint venture with MarkWest Energy Partners, L.P. to develop gas gathering and processing infrastructure in the Utica Shale.
A Locke Lord team of Mitch Tiras, Kevin Peter, Elizabeth Guffy, Eric Larson and Rachel Fitzgerald represented White Oak Resources VI, LLC (White Oak) as potential purchaser of properties and restructuring matters for Milagro Exploration, Inc.
A Locke Lord team of Christopher Graham, Michael Serra, David Silvia, Lori Basilico, and Karl Fryzel counseled Firm client, Mahr Federal Inc., as the company acquired all of the outstanding shares of capital stock of Engineering Synthesis Design, Inc. from its 39 stockholders in a strategic acquisition.
On July 1, 2015, Comstock Resources, Inc. (Comstock) announced a purchase and sale agreement with a private company to sell Comstock's oil and gas properties in and around Burleson County, Texas.
A Locke Lord team led by Jim Tyrrell and Lisa Ruggiero prevailed on behalf of client DaVita Healthcare Partners when a federal judge in Colorado declined to certify a class of patients who claimed to have been injured from the use of certain dialysis products at DaVita clinics.
Locke Lord represented South Texas Implement Co. in the sale of 11 John Deere dealerships to Ag-Pro Companies. With the addition of these South Texas dealerships, it makes Ag-Pro one of the largest and most diverse portfolios in the country.
Locke Lord Associate Sarah O’Dea served as underwriters' counsel for Morgan Stanley & Co. LLC in connection with the issuance of more than $950,000,000 aggregate principal amount of bonds by the Dormitory Authority of the State of New York and New York University to finance and refinance certain capital expenditures of New York University.
Locke Lord Associate Sarah O’Dea served as underwriters' counsel for Morgan Stanley & Co. in connection with the issuance of $116,680,000 principal amount of general obligation bonds by the New Jersey Institute of Technology to finance construction of certain capital projects of the technology institution.
A Locke Lord team of Eric Johnson, Vince Cangolosi and Ben Smolij represented Marathon Oil Corporation in its $2 billion notes offering, the net proceeds of which will be used to refinance existing notes maturing in 2015 and for other general corporate purposes.
Locke Lord lawyers Mark-David Adams and Rick Miller served as bond counsel to Broward County, Florida on an $85 million industrial development revenue bond issue for the benefit of Florida Power & Light Company (FPL).
A Locke Lord deal team comprised of John Whitlock, Aileen Meehan, Vince Cangolosi and Catherine Nampewo advised TECO Finance, Inc. as issuer and its parent TECO Energy, Inc. as guarantor in the completion a $250 million issuance of Floating Rate Notes due 2018 with J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as underwriters.
A Locke Lord Houston team of Joe Perillo, Lauren Corbeil, Rachel Fitzgerald, Buddy Sanders, Jerry Higdon, Doug Yeager, Ed Razim, Laura Ferguson and Cole Mackey represented Symrise Inc. in its acquisition of substantially all of the assets of Flavor Infusion LLC, a California-based company that develops and supplies natural beverage flavors.
A Locke Lord team comprised of Pete Barrett, Bob Baute, Mike Serra, Joe Farside, Tom Bush, Karl Fryzel and Julie Dziobak represented Puerto Rico Cable Acquisition Company Inc (dba Choice Cable TV) in the completion of its sale to Liberty Global plc following regulatory approval.
Locke Lord London attorney Svetlana Sorokina-Wilson advised EBRD on a project finance matter that was selected as the "2014 Best Water Project in Central and Eastern Europe" at the Project Finance Awards announced by EMEA Finance. The project entailed the construction and operation of a 108MW hydropower plant and a substation on the Tergi river in northeastern Georgia, with a total investment cost of up to $123 million, including a senior A/B loan of up to $80 million from EBRD.
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has signed a definitive agreement for the acquisition of privately held Firestone Financial Corp. as an operating subsidiary of Berkshire Bank.
Locke Lord Partner Bill Swanstrom represented Louisiana LNG Energy, LLC in its sale to Parallax Energy. The deal closed on April 23, 2015.
Posted May 14, 2015.
A Locke Lord team of Mitch Tiras and Sara Longtain represented Woodland Midstream LLC as the Woodlands, Texas based company received a $40 million investment from EIV Capital.
A Locke Lord team of Bill Swanstrom, David Taylor, Michelle Earley and Vince Cangolosi provided legal counsel for the Conflicts Committee of Crestwood Equity Partners LP in the merger of Crestwood Equity Partners with Crestwood Midstream Partners LP into a single publicly-traded partnership on May 6, 2015.
A Houston Locke Lord team of Mitch Tiras, Mechelle Smith, Eric Larson and Sara Longtain represented NGP Natural Resources XI LP in a $500 million equity commitment for Luxe Energy LLC on May 4, 2015.
Marnie Kudon led a Locke Lord team in defending a landlord in a commercial dispute over a substantial breach of the lease, in a case which has since been cited in the New York Law Journal, New York Real Estate Digest and the New York Commercial Division, among others.
Cigna Acquisition of QualCare. A multi-disciplined team of Locke Lord lawyers represented Cigna Corporation in its acquisition of New Jersey-based QualCare Alliance Networks, Inc.
A Locke Lord team of Scott Dunberg and Tammy Klein (all of the Boston office), with assistance by Gene McDermott (from the Providence office), represented Dyax Corp. (“Dyax”) in its underwritten public offering that priced on Tuesday, April 7, 2015 and closed on Monday, April 13, 2015.
Locke Lord represented Rainbow Key Holdings Limited on the HK$404 million sale of all its shares in Magnum Entertainment Group Holdings Limited.
Locke Lord advised Southwestern Energy Company and its subsidiary, Angelina Gathering Company, LLC, on the execution of a purchase and sale agreement with HEP Pennsylvania Gathering, LLC, a subsidiary of Howard Midstream Energy Partners, LLC, to sell Angelina Gathering Company’s gas gathering assets in Bradford and Lycoming counties in northeastern Pennsylvania for $500 million.
Locke Lord advised First American Financial Corporation (NYSE: FAF), a leading provider of title insurance and settlement services through its subsidiary, First American Title Insurance Company, in its acquisition of TitleVest, a multistate title insurance agency.
Locke Lord advised IronRidge, an Australia-based minerals exploration group with assets in Gabon, on its £9.7 million AIM listing.
Locke Lord served as underwriter’s counsel to Citi in connection with the Commonwealth of Massachusetts’ MassDirect Notes program, which won The Bond Buyer’s “2014 National Deal of the Year."
Locke Lord served as counsel to QBE North America in the sale of its US Agency Business, including Community Association Underwriters, Deep South and SIU, to Alliant Insurance Services.
Locke Lord represented TruAmerica Multifamily in the $482 million purchase of a 14-property portfolio of multifamily properties in Southern California.
Long-time Edwards Wildman client, MicroFinancial Incorporated, a NASDAQ-listed company, was acquired by Fortress Financial Group at an enterprise value of $250 million. Matt Dallett led the Edwards Wildman team negotiating the merger agreement and handling Fortress's tender offer.
Locke Lord advised Tewoo (H.K.) Limited in secured revolving credit facilities totalling US$100 million granted by a syndicate of banks.
Locke Lord acted as the legal adviser to Investec Capital Asia Limited and the underwriters in the HK$135 million share offer and listing on the Main Board of the Stock Exchange of Hong Kong of shares by Global International Credit Group Limited.
Locke Lord served as counsel to State National for the initial public offering of its common stock and listing on NASDAQ.