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Derek S. Green
Partner

Overview

Derek Green is the firmwide Deputy Department Chair of the Tax Practice at Baker Botts. He focuses on federal income tax matters, including cross-border transactions, mergers and acquisitions, international joint ventures and securities offerings. He has substantial experience in the energy sector and is a member of the Baker Botts Oil and Gas M&A team. Derek also handles tax planning for companies in the United States and other countries, including internal restructuring.

Prior to attending law school and joining Baker Botts, Mr. Green worked for five years as an aerospace engineer with the Lockheed Martin Corporation at the Johnson Space Center.

Admissions & Affiliations

  • State Bar of Texas
  • American Bar Association
  • Houston Bar Association
  • J.D., Georgetown University Law Center 1999
    cum laude
    Articles Editor, Georgetown Law Journal
  • M.S., Aerospace Engineering, Texas A&M University 1991
  • B.S., Aerospace Engineering, Texas A&M University 1989
    Sigma Gamma Tau

Experience

Mergers & Acquisitions

  • Cabot Oil & Gas Corporation – $17 billion combination with Cimarex Energy Co.
  • McDermott International, Inc. – $6 billion combination with Chicago Bridge & Iron Company N.V.
  • Transocean Ltd. – sale of jackup fleet to Norwegian based Borr Drilling Limited for $1.35 billion
  • Schlumberger Limited – $10 billion acquisition of Cameron International
  • Transocean Ltd. – sale of 38 shallow water drilling rigs to Shelf Drilling
  • Noble Corporation – $2.16 billion acquisition of FDR Holdings Limited
  • Schlumberger Limited – $11 billion acquisition of Smith International
  • Pride International, Inc. – merger with Ensco plc
  • McMoran Exploration Co. – acquisition of Plains Exploration & Production Company's shallow water Gulf of Mexico shelf assets
  • Liberty Global, Inc. – sale of its 54%-owned subsidiary AUSTAR United Communications Limited to FOXTEL for $1 billion

Spin-offs

  • Noble Corporation plc – spin-off of Paragon Offshore plc
  • Chesapeake Energy Corporation – spin-off of Seventy Seven Energy, Inc.
  • McDermott International, Inc. – spinoff of The Babcock & Wilcox Company
  • Pride International, Inc. – spin-off of Seahawk Drilling, Inc.

International MLPs

  • Transocean Ltd. – acquisition of Transocean Partners LLC in a share-for-unit merger transaction
  • Transocean Ltd. – IPO of Transocean Partners LLC

Redomestication Transactions

  • Noble Corporation – redomestication to the UK
  • Noble Corporation – redomestication to Switzerland
  • Transocean Inc. – redomestication to Switzerland

Joint Ventures

  • Transocean Ltd. – formation of Orion Holdings joint venture with Hayfin Capital Management LLP
  • Schlumberger Limited – formation of OneSubsea joint venture with Cameron International Corporation
  • Carrizo Oil & Gas, Inc. – joint venture with Avista Capital Holdings, LP to acquire and develop Marcellus Shale properties
  • Petroleum Development Corporation – formation of PDC Mountaineer joint venture with Lime Rock Partners
  • Schlumberger Limited – formation of IntelliServ joint venture with National Oilwell Varco


Awards and Community

Listed in The Best Lawyers in America (Woodward White, Inc.), 2015-2023

Listed in Chambers USA, 2016-2022

Recommended in Chambers USA as: “very quick to see the crux of an issue and spell it out, and then move on to developing a solution," 2019

Listed in The Legal 500 U.S., 2013-2022

Recommended in The Legal 500 U.S. as a nationwide leading lawyer for tax: "a very bright and very able tax attorney with a quick mind and a deep knowledge of corporate taxation," 2007

Recognized as a Texas Super Lawyer-Rising Star (Thomson Reuters), 2004-2007