KNOWING MATTERS

Breaking News

SAN FRANCISCO, May 16, 2016 - Baker Botts L.L.P., a leading international law firm, today announced the admission of Stuart Plunkett and Jonathan Shapiro as partners in the firm’s recently opened San Francisco office.

“Both Stuart and Jon are outstanding litigators and we are delighted that they have chosen to join us,” said Andrew M. Baker, Managing Partner of Baker Botts. “Baker Botts has a strong presence in California, and the addition of both Jon and Stuart in San Francisco speaks to the interest and momentum that we have seen, since we opened our office earlier this year,” added Mr. Baker.

Mr. Plunkett has 19 years of national experience representing clients in complex antitrust and commercial litigation matters. His clients include companies and individuals in a broad range of industries, including high tech, financial services, energy and healthcare.

Mr. Plunkett regularly speaks and writes on antitrust litigation topics. He served as Chair of the Antitrust Section of the Bar Association of San Francisco and currently serves on the Bar Association’s Executive Committee. Mr. Plunkett previously served on the Executive Committee of the Antitrust Section of the State Bar of California.

Mr. Shapiro’s practice focuses on the defense of business and securities litigation and government enforcement actions. He has litigated class actions, challenges to corporate transactions and governance, and other matters regarding allegations of fraud and breach of fiduciary duty, including jury and bench trials.

Mr. Shapiro’s clients include public and financial services companies, officers and directors, and investment bankers. He also serves as counsel defending and conducting internal investigations to those subject to enforcement action under the Securities and Exchange Commission, the Department of Justice, FINRA, and other government agencies and self-regulatory organizations.

Mr. Plunkett joins the firm from Morrison Foerster, while Mr. Shapiro joins from Mintz Levin.

“Adding Stuart and Jon in San Francisco is another step in the execution of our strategic plan to help us meet growing client demand in California, while ensuring we maintain our high level of professional excellence and client service. We expect to add other high quality legal talent to our Bay Area offices in the near term,” said Pat Stanton, Partner-in-Charge of the firm’s San Francisco office.

Next Story / Power Utilities & Renewables

Baker Botts lawyers assist power and utility clients in the United States and abroad in obtaining or providing financing through a wide-array of vehicles and structures

Transactions involving the electric power industry have been a core competence of Baker Botts for over 100 years. During that time, much of the worldwide power industry has been deregulated and privatized. Today, growing concerns about global warming promise even greater changes – more renewable generation, carbon abatement transactions and projects, and implementation of smart grid technologies. We understand the commercial and regulatory implications of these trends, and assist our clients in all aspects of this dynamic industry.

Our clients cover the spectrum of participants in the power industry in virtually all types of relevant transactions, projects, and regulatory proceedings, including project development, project finance, permit and rate cases, and acquisitions and divestitures.

Our clients include:

  • Sponsors and developers, in projects ranging from gas- and coal-fired plants to renewable generation, including wind, geothermal, biomass, and solar facilities, including the negotiation of all project agreements (from EPC contracts and turbine supply to power purchase and marketing agreements), and in state and federal regulatory proceedings
  • Lenders, underwriters and other financial participants in all manner of financing transactions (including limited recourse project financings, portfolio financings, syndicated loans, corporate revolvers and private placements)
  • Private equity, institutional investors and other purchasers in acquisition transactions, including single asset and portfolio acquisitions, equity investments, private auctions, bankruptcy-administered purchases and privatizations
  • Traditional electric utilities, in adding generation, transmission and other assets, in rate-making and other regulatory matters, in permitting and environmental compliance, in advise on the latest tax credit opportunities for projects involving “smart” technologies such as advanced efficiency metering systems, battery systems, energy storage and efficiency services and in securities issuances and other financing matters
  • Power purchasers and other customers, including utility purchasers, energy marketers and trading companies, industrial customers, steam hosts and hedge providers
  • Suppliers and vendors, including construction contractors, turbine and other equipment suppliers, long-term service providers, fuel suppliers, fuel transportation companies, interconnecting utilities and make-up water and waste water suppliers and operators
  • Owners of generation, transmission and distribution assets in sale transactions, including single asset dispositions, equity sales, sales of project portfolios, private auctions, bankruptcy-administered sales and privatizations
  • Host governments, in connection with privatizations, concession agreements and bid administration
Next Story / Breaking News

Baker Botts Jumps in AmLaw 100 Rankings

In 2015, the Houston-based firm topped $1 million in revenue per lawyer for the first time—"finally," says managing partner Andrew Baker. Specifically, RPL climbed 7.4 percent, to $1.01 million, and gross revenue rose 7.9 percent, to $704.5 million. Profits per partner  increased 6.2 percent, to $1.805 million.

Diversification was key to the firm's success. "While commodity prices were down, we're more diversified [than some other Texas firms], so we saw strong performance across the board," Baker says. Eight of the firm's top 15 clients, as measured by revenue generated for Baker Botts, are in the technology sector, not energy.

Still, one of the firm's splashiest successes in 2015 was for an energy client: a victory in district court in Fort Worth for Russian oil and gas company OAO Gazprom in a suit brought by Moncrief Oil International. Moncrief's $1.37 billion claim was dismissed with prejudice after the company was accused of producing a falsified key document.

Will 2016 be another record-breaking year? Baker says that's no sure thing, despite the firm's diversification. "It will be challenging," he says.

To read the Full article, Tech Work Shields Baker Botts From Energy's Slowdown, visit The American Lawyer website.

Next Story / Arbitration Report

Highlights topics of current interest for users of international arbitration. Download now!

Baker Botts Arbitration Report 

In this issue of the Baker Botts Arbitration Report, we highlight topics of current interest for users of international arbitration. Download our full report to read key insights regarding:

• decisions regarding anti-suit injunctions, 
• the right to timely compliance or enforcement, 
• considerations for forum selection, 
• how to address inconsistent jurisdictional provisions in related agreements, 
• damages for breach of the “fair and equitable treatment standard” in investment treaties and agreements.

We hope you find our latest report helpful and invite you to contact our team to discuss these trends and developments further. Click here to download.


For more information, please contact:
Jay Alexander, Co-Chair of Baker Botts’ International Arbitration & Dispute Resolution Practice
Michael Goldberg, Co-Chair of Baker Botts’ International Arbitration & Dispute Resolution Practice 
Jonathan Sutcliffe, Partner and Editor of the Arbitration Report 

Contributing lawyers:  
• Jay Alexander, Partner, London; 
• Dustin Appel, Senior Associate, Dubai; 
• Andrew Behrman, Partner, New York; 
• Ryan Bull, Partner, Washington; 
• Chris Caulfield, Partner, London; 
• Carmen Chung, Associate, Hong Kong; 
• Alejandro Escobar, Partner, London; 
• Dorine Farah, Senior Associate, London; 
• Dr. Ernesto Féliz De Jesús, Associate, London; 
• Laurie Frey, Associate, London; 
• Phillip Georgiou, Partner, Hong Kong; 
• Dr. Johannes Koepp, Partner, London; 
• Noah Mink, Associate, Washington; 
• Joshua Packman, Associate, Washington; 
• Lucas Pitts, Partner, Dubai; 
• Rajat Rana, Associate, Washington;
• Edward Schorr, Partner, New York; 
• Kiran Unni, Barrister, London.


Download the 2016 Arbitration Report here.


Next Story / Breaking News

Baker Botts Adds Two New Partners in San Francisco