A Locke Lord team led by Joe Perillo (Houston) represented Acteon Group Ltd. in the acquisition of TerraSond, a multidisciplinary geospatial and geophysical business, for an undisclosed value.
The passing of House Bill 2763 was the culmination of over two years of work to bring the City of Galveston Employees’ Pension Plan for Police and the City of Galveston together to improve its funding and secure the retirement benefits of uniformed officers, retirees and their beneficiaries.
A Locke Lord team led by Joe Perillo (Houston) represented the shareholders of Quick Connectors, Inc. (QCI) in the sale of 100% of the outstanding shares of QCI and its subsidiaries to Innovex Downhole Solutions, Inc.
A Locke Lord team led by Kevin Peter and Ann Williams (both of Houston) represented Martin Midstream Partners L.P. in a definitive agreement to sell its membership interests in Arcadia Gas Storage, LLC, Cadeville Gas Storage LLC, Monroe Gas Storage, LLC and Perryville Gas Storage LLC to Hartree Cardinal Gas, LLC, a subsidiary of Hartree Bulk Storage LLC, for $215 million in cash.
A Locke Lord team led by Jeff Jefferson (Providence) represented Watson Holdings, LLC in the sale of Watson Inc., a supplier of custom nutrient premixes and ingredients for the food industry, to Glanbia, Inc., a global food and ingredient supplier.
A Locke Lord team led by Hunter Summerford and Terry Radney (both of Houston) represented Spur Energy Partners LLC in an acquisition from Percussion Petroleum LLC of its Permian Northwest Shelf assets, which includes interests in approximately 380 gross producing wells and 22,000 net acres situated in the core of the Yeso formation in Eddy and Lea Counties, New Mexico, as well as associated water and midstream assets.
A Locke Lord team led by James Channo (London) represented BSO Ireland in the acquisition of IX Reach, a global provider of network solutions, for an undisclosed value. This is the third acquisition by BSO in 18 months and strengthens BSO’s capabilities within the wholesale telecoms, cloud and technology sectors.
A Locke Lord team of Joe Perillo and Jennie Simmons (both of Houston) represented Symrise AG in the investment in and creation of a strategic partnership with Califormulations, LLC, a unique platform designed to deliver end-to-end beverage innovation to consumer packaged goods companies and their brands.
A Locke Lord team led by Mike Newquist (Providence) represented an affiliate of Nautic Partners, LLC in its acquisition of LindFast Solutions Group from private equity owner Harbour Group. LindFast is a master distributor of specialty fasteners in the North American market.
A Locke Lord team led by Mitch Tiras and Freddy Feldman (both of Houston) represented Lodestar Energy Group LLC in the acquisition of a set of rail logistic assets from Stolt-Nielsen Ltd.
The Supreme Court of Texas issued an opinion on May 3, 2019, in Texas Commission on Environmental Quality, et al., v Brazos Valley Energy, LLC, et al., Case No. 18-0128, affirming a court of appeals decision in favor of Locke Lord clients Brazos Valley Energy, LLC, Freeport Energy Center, LLC, and Freestone Power Generation, LLC, all affiliates of Calpine Corporation, in an appeal about whether the Texas Commission on Environmental Quality (TCEQ) has discretion to deny a pollution control tax exemption for certain equipment that reduces air emissions at the facilities.
In an appeal to the California Fourth Appellate District, Christopher Barth and Hugh Balsam (both of Chicago) and Kelly Biggins (Los Angeles) secured a unanimous grant of summary judgment for Star Insurance Company (a subsidiary of the former Meadowbrook Insurance Group, Inc. n/k/a AmeriTrust Group, Inc.).
Ricardo Lopez (Los Angeles) served as pro bono counsel to an unaccompanied minor who was recently granted asylum in the United States due to dangers she faced in her home country of Guatemala. Lopez accepted the case in early 2017 with the help of Kids in Need of Defense (KIND), an organization that protects unaccompanied children who enter the U.S. immigration system alone.
A Locke Lord team of Eric Larson, Bill Swanstrom, Freddy Feldman and Stefano Wach (all of Houston) represented Pinnacle Midstream II, LLC in a significant equity capital commitment from management and Energy Spectrum Partners VIII LP.
Doug Gray, Bob Durant, Sue Kiernan and Baker Coon (all of Providence) provided pro bono assistance to Ronald McDonald House of Providence in its merger with Ronald McDonald House Charities of Eastern New England.
John Whitlock and Tanya Beroukhim (both of Boston) advised borrower TECO Finance, Inc. — and its parent company, TECO Energy, Inc., as guarantor — in a $500 million, 364-day syndicated term loan facility agented by JPMorgan Chase Bank, N.A.
A Locke Lord deal team led by Jason Schumacher (Dallas) represented an undisclosed buyer that has purchased all of Harvest Oil & Gas’ interests in the San Juan Basin in New Mexico and Colorado for $42.8 million (subject to purchase price adjustments).
A Locke Lord team led by Douglas Gray and Baker Coon (both of Providence) represented Juvenescence Limited, a leading drug development company based in the British Virgin Islands and focused on the development of therapies to increase human longevity, in connection with its latest investment in BYOMass Inc., a Massachusetts-based company focused on developing treatments for obesity and cachexia.
A Locke Lord team led by Brian Cassidy (Austin) is representing Indigo Ridge Development Partners, LLC in the development of the $1.5 billion mixed-use Indigo Ridge North development project in Cedar Park, Texas.
Rory Radding and Straat Tenney (both of New York) assisted Iontera, Inc. in the purchase and acquisition of the assets, including the global trademark portfolio and other rights, of BKDK LLC (doing business as PLANT).
A Locke Lord team led by Bill Swanstrom and Jennie Simmons (both of Houston) represented Nuevo Midstream Dos, LLC in a definitive agreement with an affiliate of ArcLight Capital Partners to purchase Republic Midstream, LLC.
A Locke Lord team led by Joe Perillo (Houston) represented Coastal Flow Measurement, Inc. in the company’s sale to Quorum Software, a Thoma Bravo portfolio company. Coastal Flow, a Houston-based family of energy measurement services and software companies, also includes information services and technologies subsidiary, Flow-Cal, Inc.
A Locke Lord team led by Mitch Tiras and Ann Williams (both of Houston) represented Momentum Midstream in the sale of the company’s 38 percent stake in Utica East Ohio Midstream system (UEO) to Williams Cos.
On March 8, the Supreme Court of Texas sided with the Irving Firemen’s Relief & Retirement Fund’s interest in a case that will affect all pension plans across Texas that are sponsored by state and local government entities.
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 II LLC involving Matador’s properties in the Delaware Basin.
Locke Lord Partners David Standa (Chicago) and Daniel Solitro (Los Angeles) secured a decision by the U.S. District Court for the Central District of California preserving the anonymity of a blogger, known as “Aurelius,” on First Amendment grounds.
Richard Miller and Mark-David Adams (both of West Palm Beach), served as bond counsel to the Solid Waste Authority of Palm Beach County on its novel $348 million crossover refunding through the issuance of its “Series 2019 Bonds” directly purchased by Bank of America Merrill Lynch.
A Locke Lord team led by Mitch Tiras and Freddy Feldman (both of Houston) represented Woodland Midstream II, LLC in an equity investment from EIV Capital.
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 leading business, healthcare and consumer services companies, in the recapitalization of Keystone Partners, a leading provider of comprehensive outplacement, career management, executive coaching, and leadership development services.
A Locke Lord team led by George Ticknor (Boston) and Michelle Earley (Austin) represented Lamar Advertising Company, a leading owner of outdoor advertising and logo sign displays, in the announced acquisition of Fairway Outdoor Advertising’s billboard operations in five U.S. markets from GTCR, LLC for $418.5 million.
A Locke Lord team led by Sean Page (London) has advised Thalassa Holdings Ltd on the company’s move from AIM to a standard listing on the main market of the London Stock Exchange, and is also advising on the company’s proposed takeover offer for The Local Shopping REIT plc (LSR), announced on 6 February 2019.
A Locke Lord team led by Eric Larson (Houston) represented EnCap Flatrock Midstream in an initial $300 million venture capital commitment in Clear Creek Midstream, LLC.
A Locke Lord team led by Walker Clarke and Jennie Simmons (both of Houston) represented Sentry Energy Solutions, a premier provider of safety and environmental services, in the acquisition of Himarc Environmental Solutions for an undisclosed value.
Locke Lord’s Paul Schuster and Cynthia Timms (both of Dallas) were part of a team of lawyers that represented Henry Schein Inc. before the U.S. Supreme Court. On Jan. 8, 2019, the Supreme Court unanimously vacated a Fifth Circuit decision that had affirmed the trial court’s denial of Henry Schein’s motion to refer the dispute to arbitration.
A Locke Lord team served as legal counsel to MVC Private Equity Fund, L.P. in the sale of its portfolio company Plymouth Rock Energy, a leading retail energy provider of natural gas and electricity, to ENGIE Resources.
Christopher Martin and Rachel Fitzgerald (both of Houston) led a team representing Dallas-based wholesale insurance broker ClearView Risk Holdings, LLC in its January acquisition by The Amynta Group following an auction process that lasted several months.
Locke Lord’s James Rubens (Boston), Jason Ulezalka (New York), Tanya Beroukhim and Brandon Curtin (both of Boston) represented Phoenix Tower International (PTI), a wireless communications infrastructure provider, in the closing of a $200 million senior secured credit facility with Goldman Sachs Specialty Lending Group to continue PTI’s growth in the United States.
Emmet Hayes and Gerald “Jed” Hendrick (both of Boston) represented CRRC Corporation Limited, a Chinese manufacturing company which built a factory in Springfield, Mass., in its bid to secure a $566 million contract from the Massachusetts Bay Transit Authority to build 404 train cars for subway lines serving Boston and surrounding neighborhoods.
A Locke Lord team represented Starwood Energy Group Global, Inc., a leader in private energy infrastructure investments based in Connecticut, as special local counsel in its acquisition of the Manchester Street Power Station from Dominion Generation, Inc., a wholly-owned subsidiary of Dominion Energy, Inc. (NYSE: D), as part of a larger purchase of two of Dominion’s combined-cycle gas turbine plants for approximately $1.23 billion.
A Locke Lord team led by Sean Page (London) advised Honye Financial Services Ltd., a newly formed special purpose acquisition company seeking acquisitions in financial services and fintech, in its Initial Public Offering.
A Locke Lord team led by Will Becker (Dallas) represented Braemar Hotels & Resorts Inc., a real estate investment trust, in the public offering of 1,600,000 shares of 8.25% Series D cumulative preferred stock at a price of $25 per share for gross proceeds of $40 million.
A Locke Lord team led by Jon Biasetti, Tim Farber and Steve Whitmer (all of Chicago), served as insurance regulatory counsel to CVS Health (NYSE: CVS) in its completed acquisition of Aetna (NYSE: AET).
Locke Lord’s Scott Magee (Boston) obtained a $7.5 million verdict on behalf of German software firm ITyX Solutions AG against Kodak Alaris Inc.
A Locke Lord team led by Douglas Gray (Providence) represented ActiveCare Inc., and its wholly-owned subsidiary, 4G Biometrics, LLC, in the sale of substantially all of its assets under Sections 105, 363 and 365 of the U.S. Bankruptcy Code to Telcare Medical Supply, LLC, a subsidiary of Biotelemetry, Inc. (NASDAQ: BEAT), a leading developer of mobile and wireless medical monitoring devices.
A Locke Lord team represented a new management team at Flat Creek Resources, LLC in a $405 million equity commitment from EnCap Energy Capital Fund XI, L.P.
A Locke Lord team led by Pete Barrett (Providence) represented Vendome Medquest, LLC, a subsidiary of Vendome Group, LLC, in the sale of its Healthcare Informatics business line to Endeavor Events, LLC.
A Locke Lord team led by Terry Radney and Max Stubbs (both of Houston) represented OneEnergy Partners, LLC (OEP), a portfolio company of Carnelian Energy Capital, in the sale of all of OEP’s existing operations and leasehold assets to Franklin Mountain Energy, LLC.
In partnership with Advocates for Community Transformation (ACT), a Locke Lord team of Arthur Anthony, Maddie Brunner, Matthew McDougal, and Clint Williams (all of Dallas) met with South Dallas community members to hear their concerns and experiences involving significant criminal activity in their neighborhood.
A Locke Lord team led by Joe Perillo (Houston) represented Motley Services, LLC, in the company’s acquisition by KLX Energy Services Holdings, Inc. for $148 million.
A Locke Lord team comprised of Douglas Gray (Providence), Ralph Loren (Boston) and Baker Coon (Providence) represented Juvenescence Limited, a leading drug development company based in the British Virgin Islands, focused on the development of therapies to increase human longevity, in connection with the launch of its latest joint venture project, FoxBio Inc.
A Locke Lord team led by Eugene McDermott, Douglas Gray and Baker Coon (all of Providence), represented Juvenescence Limited, a leading drug development company based in the British Virgin Islands, focused on the development of therapies to increase human longevity, in its purchase of 14.4 million shares of AgeX Therapeutics, Inc. for $43.2 million, from its affiliate BioTime, Inc. (NYSE American: BTX).
James Channo, Managing Partner of Locke Lord’s London office and Co-Chair of the International Transactions Practice Group, and London Partner Sean Page advised Brisbane-based SolGold plc (LSE and TSX code: SOLG) on the allotment and issue of 100,000,000 new ordinary shares to BHP Billiton Holdings Limited (BHP) at 45p per share to raise £45 million (US $59.2 million).
A Locke Lord team led by Pete Barrett (Providence) represented Vendome Medquest, LLC, a subsidiary of Vendome Group, LLC, in its sale of ENT Journal to Sage Publications, Inc.
A Locke Lord team led by Michelle Earley (Austin), Bill Swanstrom and Ann Williams (both of Houston) represented Southcross Holdings Borrower LP in the announced sale of the Robstown NGL fractionation facility located near Corpus Christi, Texas to EPIC Midstream Holdings, LP.
Locke Lord represented Tampa Electric Company in the underwritten public offering of $375 million principal amount of 4.45% notes due 2049, which closed on Oct. 4, 2018, and makes a total of $725 million of notes the client issued during 2018 (see previous transaction).
A Locke Lord team represented a management team at Acacia Exploration Partners, LLC in an equity commitment from Kayne Anderson Energy Fund VIII, L.P.
A Locke Lord team led by Greg Heath (Houston) represented Centric Gas Services, LLC in an announced majority investment from Ara Partners Group for an undisclosed value.
Locke Lord’s James Rubens and Tanya Beroukhim (both of Boston) represented Phoenix Tower International, a wireless communications infrastructure provider, in the closing of its $485 million senior secured term loan facility to continue its international expansion.
Locke Lord’s DeLaina Mulcahy (Houston) created and represented Greater Texas Cultural Education Facilities Finance Corporation to act as a conduit issuer of tax-exempt debt on behalf of the Firm’s client Southwest Transplant Alliance.