Akin Gump Named Among Top Firms in Texas Lawyer’s 2015 Corporate Scorecard
(Houston) – Akin Gump is noted in the Texas Lawyer article “2015 Corporate Scorecard: 6 Texas Firms Nationally Ranked for Corporate Finance, Capital Markets Work” as one of six Texas law firms working on the biggest equities deals and bankruptcy filings and emergencies last year.
John Goodgame, a partner in Akin Gump’s oil and gas practice, described 2015 as “up-and-down” for equities in the energy market. During the first half of the year, he said, a number of issuers in the oil and gas business raised additional capital to strengthen their balance sheets. After the first quarter, “things slowed down quite a bit, which had something to do with the … commodity price changes during that period as well. That also had an effect on the broader market as well.” By the third quarter of 2015, Goodgame said only a few equity transactions were getting done, though Akin Gump was still involved with a common stock issue for Diamondback Energy of Midland in August 2015.
Separately, Texas Lawyer selected the $18.2 billion acquisition of Regency Energy Partners by Energy Transfer Partners as one of its top deals of 2015. Akin Gump, led by Goodgame and oil and gas partner Christine LaFollette, advised Regency’s conflicts committee. For more on that deal, which closed in April 2015, please click here.
With regard to bankruptcies, Akin Gump had a role in some of the 10 largest filings and emergences in 2015. It serves as additional debtor’s counsel for Allied Nevada Gold Corp. It also is additional debtor’s counsel for Chassix and board of directors counsel in the Exide Technologies bankruptcy.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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