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. Azure Midstream, a limited partnership that focused on development and operation of energy assets, announced its Chapter 11 filing on Jan. 30, 2017 and the auction is set for March 10th. The agreement was filed with the United States Bankruptcy Court for the Southern District of Texas. The Locke Lord team included Greg Heath, Elizabeth Guffy, Hunter Summerford and Mitch Tiras (all of Houston).
Posted February 23, 2017