Concentration

Summary

Representative Engagements

• Perot Systems Corporation – $4.0 billion acquisition by Dell Inc.
• Pride International, Inc. – $280 million spin-off of Seahawk Drilling, Inc.
• Pride International, Inc. – $1.0 billion sale of Latin American land and E&P services operations to GP Investments Ltd.
• Hydril Company – $2.1 billion acquisition by Tenaris S.A.
• Schlumberger Limited – $2.4 billion acquisition of a 30 percent joint venture interest in WesternGeco from Baker Hughes Incorporated
• Pumpco Services, Inc. – $180 million acquisition by Complete Production Services, Inc.
• Imperial Sugar Company – $55 million sale of Holly Sugar Corporation subsidiary to Southern Minnesota Beet Sugar Cooperative
• CenterPoint Energy, Inc. – $3.6 billion sale and going-private transaction involving Texas Genco Holdings, Inc.
• Evergreen Resources, Inc. – $2.5 billion acquisition by Pioneer Natural Resources Company
• GlobalSantaFe Corporation – $317 million sale of land drilling business to Precision Drilling Corporation
• Imperial Sugar Company – $115 million sale of Diamond Crystal Brands to Hormel Foods Corporation
• Independent directors of Pure Resources, Inc. – $480 million acquisition of the outstanding publicly held minority interest by Unocal Corporation
• Dynegy Inc. – proposed $23 billion acquisition of Enron Corp., the subsequent termination of the agreement, and related litigation, including issues regarding Enron's bankruptcy and Dynegy's acquisition of Northern Natural Gas Pipeline from Enron
• Global Marine Inc. – $3 billion merger-of-equals transaction with Santa Fe International Corporation to form GlobalSantaFe Corporation
• Schlumberger Limited – $5.3 billion acquisition of Sema plc, a U.K.-based IT and technical services company
• Cabot Oil & Gas Corporation – $230 million acquisition of Cody Corporation, a private oil and gas company headquartered in Denver
• Pride International, Inc. – $2 billion merger transaction with Marine Drilling Companies, Inc.
• Independent Directors' Committee of Howmet International Inc. – proposal by its 85 percent stockholder to cash out the public minority stockholders and the ultimate acquisition of the company by Alcoa Inc.
• Schlumberger Limited – spin-off of Sedco Forex Holdings Limited and the $3.5 billion merger of Sedco Forex with Transocean Offshore Inc. to create Transocean Sedco Forex Inc.
• Goldman, Sachs & Co. as financial advisor to SIGCORP, Inc. – $1.5 billion merger of equals with Indiana Energy, Inc.
• Baker Hughes Incorporated – $5 billion acquisition of Western Atlas Inc.
• Merrill Lynch as financial advisor to PanEnergy Corp – $7.7 billion merger with Duke Power Company
• Houston Industries Incorporated (now Reliant Energy, Incorporated) – $3.8 billion cash and stock acquisition of NorAm Energy Corp.

Securities Offerings

• Cabot Oil & Gas Corporation – $275 million public offering of common stock
• Southeast Supply Header, LLC – $375 million Rule 144A initial offering of senior notes
• CenterPoint Energy, Inc. – $280 million offering of common stock
• Spectra Energy Corp. – $450 million public offering of common stock and $300 million public offering of senior notes
• GlobalSantaFe Corporation – $980 million and $800 million public offerings of common stock, with proceeds used to purchase common stock held by Kuwait Petroleum Corporation, and Rule 144A offering of $250 million of senior notes
• Dril-Quip, Inc. – $160 million public offering of common stock
• Westlake Chemical Corporation – $175 million secondary public offering of common stock, $250 million public offering of senior notes, $180 million common stock initial public offering, and $380 million Rule 144A initial offering of senior notes and related financings
• Schlumberger Limited – $1.425 billion Rule 144A convertible note offering and related debt tender offers
• Pride International, Inc. – 16 offerings of debt and equity securities aggregating approximately $3.5 billion
• Waste Management, Inc. – offerings of $350 million, $500 million, $400 million, $600 million and $400 million of senior notes
• American General Corporation – offerings of $100 million, $100 million and $150 million of senior notes
• Gulfstream Natural Gas System, L.L.C. – $300 million Rule 144A offering of senior notes
• Texas Eastern Transmission L.P. – $400 million Rule 144A offering of senior notes
• Cameron International Corporation – $500 million Rule 144A offering of senior convertible notes
• Newfield Exploration Company – offerings of $600 million of senior subordinated notes, $550 million of senior subordinated notes, $323 million of senior subordinated notes, $280 million of common stock, $131 million of common stock, $250 million of senior subordinated notes, $175 million of senior notes and $125 million convertible quarterly income preferred securities (QUIPS)
• Conoco Inc. – $4 billion multi-tranche registered senior notes offering and $4.4 billion initial public offering of common stock
• Imperial Sugar Company – $175 million refinancing of credit facilities
• John Wood Group plc – listing on the London Stock Exchange and prior proposed U.S. initial public offering
• Schlumberger Technology Corporation – initial offering of $1 billion of senior notes
• Global Marine Inc. – public offering of $300 million of zero coupon convertible notes, public offering of $300 million of senior notes and Rule 144A offering of $300 million of senior notes
• Cal Dive International, Inc. – $90 million and $200 million public offerings of common stock
• Drilex International Inc. – $40 million initial public offering of common stock

Publications, Speeches and Presentations

• Institute Co-Chair and Speaker, SEC Hot Topics Institute, West Legal Works, Houston, May 2008
• Institute Co-Chair and Speaker, "2007 Proxy Season Review and a Look to 2008," SEC Hot Topics Institute, West Legal Works, Houston, May 2007
• Co-Chair and Speaker, "M&A 2006: Hot Topics, Trends, and the Role of Counsel," Texas General Counsel Forum, Houston, February 2006
• Institute Co-Chair and Speaker, "Emerging Trends on Director Liability Issues, Including Disney and the WorldCom and Enron Settlements," SEC Hot Topics Institute, Glasser Legal Works, Houston, May 2005
• "The 'Plain English' Rules," The University of Texas Securities Regulation and Business Law Problems Conference, Dallas, February 2000