Vinson Leads Way on Energy Deals Totaling $7.2 Billion
Legal advisers for privately held Arrow Midstream weren't available by the time of this story.
Meanwhile, another Vinson team led by capital markets partners Michael Swidler and Michael Rosenwasser are advising PVR—formerly known as Penn Virginia Resources Partners—on its proposed $5.6 billion sale to Regency, a Dallas-based energy partnership. The duo are being assisted by Vinson capital markets partners John Johnston and Rachel Packer, tax partners L. Price Manford and Gary Huffman, employee benefits partner David D'Alessandro, and associates Ryan Carney, Jacobson, and Melissa Spohn.
Bruce Davis Jr. serves as general counsel of Radnor, Pennsylvania–based PVR, whose chairman is former Morgan Lewis partner Edward Cloues II. Former Hunton & Williams attorney James Gardner serves as an independent director of PVR’s general partner.
The deal, which includes the assumption of $1.8 billion in PVR debt, will help Regency push into the Marcellus and Utica shale fields. The transaction is expected to close in the first quarter of 2014.
Neel Lemon, head of the corporate department in the Dallas office of Baker Botts, is representing Regency on the matter. Other Baker Botts lawyers working on the deal include corporate partners M. Breen Haire and Joshua Davidson, tax partner Stephen Marcus, employee benefits partner J. Rob Fowler, antitrust partner Paul Cuomo, environmental partner J. Scott Janoe, finance partners Douglass Rayburn and Luke Weedon, and associates A.J. Ericksen and Daniel Gottschalk.
Former Haynes and Boone partner Paul Jolas serves as Regency’s chief legal officer. Earlier this year Regency turned to Akin Gump Strauss Hauer & Feld and Locke Lord for counsel on its $1.5 billion cash-and-stock buy of Southern Union Gathering, according to our previous reports.