Baker Botts is recognized as one of the world’s leading energy law firms, and our lawyers represent clients in this energy-rich region of the world with a platform of two offices: Dubai and Riyadh.
As client demand for legal counsel in energy and related fields continues to grow, we continue to expand the resources of our Middle East team. In 2013, we added 14 lawyers, including eight partners, to our offices in the region. This group of talented and experienced lawyers cements our position as one of the dominant legal forces in the Middle East and adds significant strength and depth to our already established team. Our new lawyers bring with them decades of experience in sophisticated corporate and commercial transactions, project finance, international dispute resolution, local law, regulatory and compliance. Their industry acumen extends into energy, aviation and defense, construction, hospitality and consumer products, with the added dimension of anti-bribery and related corporate compliance and internal investigations.
Our lawyers are well-versed in the business and cultural realities of the region. We have advised clients within the Gulf Cooperation Council and international clients on a wide range of local law issues in the United Arab Emirates and surrounding region. We also represent clients on projects in the telecommunications, defense, real estate, manufacturing, power, water, transportation and banking industries, among others. Our lawyers have extensive experience in banking and finance capital markets, corporate formation, business structuring, corporate governance, foreign investment, privatization, customs and government contracts.
We have further increased our commitment and presence in the region by forming a strategic alliance in Kuwait with the International Legal Group (“ILG”). Through the alliance, the two firms provide expanded resources to our combined client base, including access to formidable local law experience and international legal acumen across a range of subjects, disciplines and jurisdictions. A principal objective of the alliance is the enhanced ability of both firms to better serve companies active in Kuwait and Kuwait-based companies active internationally.
In 2014, our Middle East offices in the UAE were ranked Tier 1 by The Legal 500 for Projects and Energy.
We pride ourselves on the team approach we bring to every engagement, and we believe our collaborative approach improves the results we earn for our clients.
Click here to view a recording of the MLP Webinar: IRS Issues Proposed Regulations Regarding MLP Qualifying Income.
The IRS has released proposed regulations regarding what types of income derived from natural resources satisfy the section 7704(d)(1)(E) publicly traded partnership (PTP) qualifying income rules.
The proposed regulations provide guidance on section 7704(d)(1)(E) concerning qualifying income from the exploration, development, mining and production, processing, refining, transportation, and marketing of minerals and natural resources. The proposed regulations also address income earned from providing services to others in the oil and gas industry. They do not address other forms of qualifying income.
The proposed regulations are generally applicable to periods after they are issued in final form. The IRS has requested comments on the proposed regulations before they are finalized and become effective.
The IRS had announced a halt in March 2014 on letter ruling requests regarding whether a PTP’s income is qualifying income under section 7704. In March 2015, this pause was lifted and the IRS announced that it intended to release proposed regulations that provide guidance concerning qualifying income from the exploration, development, mining and production, processing, refining, transportation, and marketing of minerals and natural resources.
HOUSTON, April 16, 2015 - Baker Botts, a leading international law firm, today announced that during the first 12 weeks of 2015, the firm won 18 significant trial and other litigation matters for clients.
"In each of these cases, all very different and all dealing with different facets of law - from energy, to financial fraud, to patent litigation to insurance defense and a pro bono appeal of a death row case - our trial lawyers and litigators prevailed in challenging and complex cases and achieved significant victories for our clients," said Andrew M. Baker, Managing Partner of Baker Botts.
"We try cases, and this is a record that is hard to beat," added David Sterling, Chair of the Litigation department at Baker Botts. "Our firm has a robust, vibrant and talented litigation department and these 9 trial wins and 9 other litigation victories, all in the first quarter of the year, highlight the momentum the firm has and the expertise of our trial lawyers," added Mr. Sterling.
A summary of the trial wins follows:
In addition to those trial wins, Baker Botts has achieved the following other victories in litigation matters thus far in 2015:
Baker Botts lawyers discuss the standard for determining whether a reference qualifies as “analogous art” in connection with an assertion of obviousness.
Baker Botts lawyers discuss the popularity of post-grant review (“PGR”) proceedings at the U.S. Patent Office.
EPA Proposes Methane Standards for Oil and Gas Sources
On August 18, 2015, EPA proposed a sweeping expansion of the existing Clean Air Act new source performance standards (“NSPS”) designed to reduce methane and VOC emissions from upstream and midstream operations.
European Union: IP and Antitrust
Baker Botts lawyers discuss recent developments in the area of IP and antitrust enforcement, including recent European Commission decisions in the smartphones and pharmaceuticals industries.
Notice 2015-54 and Certain Contributions to Partnerships with Related Foreign Partners
Baker Botts lawyers summarize certain key provisions in the Notice that may be relevant to your business.