Bloomberg News

Holland & Knight Adds 11 to Energy Team: Business of Law

July 02, 2014

Holland & Knight LLP added 11 lawyers to its energy and clean-technology team from Brickfield Burchette Ritts & Stone PC.

Joining as partners are William Burchette, Christine Ryan, Michael McCarty, Allen O’Neil, Emily Streett and Patrick Burchette in Washington, and Mark Davis in Austin, Texas. Four additional lawyers join the firm as senior counsel in Washington and Austin.

“We have been doing more and more policy work at the Department of Energy and on Capitol Hill,” Rich Gold, practice group leader for the public-policy and regulation group, said in a statement. “The strong legal and regulatory capabilities these lawyers bring to the table will further increase our ability to serve clients in the energy sector.”

The group has experience representing rural electrical cooperatives, municipal electrical systems and other wholesale suppliers on power and natural gas issues, the firm said.

DLA Piper, Brown Rudnick: Lateral Partner Moves Roundup

Greenberg Traurig LLP’s former Chicago litigation co-chairmen, Kevin Finger and Jeffrey Torosian will join DLA Piper LLP’s litigation practice in Chicago.

IP litigator Alex Carter-Silk joins Brown Rudnick LLP’s London office as head of its European intellectual-property practice in London from SpeechlyBircham.

Dechert LLP announced that Eleni Skordaki, most recently at Olswang LLP, is joining the finance and real estate practice in London. Johan Terblanche, who was at Loyens & Loeff, joined the financial services practice in Luxembourg.

Milbank, Tweed, Hadley & McCloy LLP said Fiona Schaeffer, a competition lawyer who advises on M&A transactions as well as regulatory and enforcement matters, joined the firm as a partner. She was previously an antitrust partner with Jones Day in New York.

Also leaving Jones Day’s New York office is Thomas C. Havens, who joins Day Pitney LLP’s energy and utility law practice.

The Houston office of Kirkland & Ellis LLP will expand with the addition of transactional lawyers William W. Bos and Anthony H. Speier III. Bos, who joins from Vinson & Elkins LLP, represents borrowers, private-equity funds, hedge funds, mezzanine funds and others in commercial lending and financial transactions.

Speier, from Baker Botts LLP, focuses on acquisitions, divestitures and formation of joint ventures involving energy assets.

Mayer Brown LLP announced that patent litigator Colleen Tracy joined the firm in New York in the intellectual-property practice from Fitzpatrick, Cella, Harper & Scinto, where she was the managing partner.

News

Sullivan & Cromwell Advises BNP on $8.97 Billion Settlement

Sullivan & Cromwell LLP advised BNP Paribas SA (BNP), which agreed to plead guilty to U.S. sanctions violations and pay $8.97 billion.

BNP Paribas, France’s largest bank, admitted in court documents that it processed almost $9 billion in banned transactions from 2004 to 2012 involving Sudan, Iran and Cuba. The company will be barred from U.S. dollar-clearing operations for one year for its oil and gas commodity finance business, and it promised not to employ 13 key executives.

Sullivan & Cromwell’s Karen Patton Seymour, came on to the case in mid-2013 after replacing Robert Bennett, whose team at Hogan Lovells was relegated to secondary status, Bloomberg News reported two people familiar with the matter saying. Seymour is co-managing partner of the firm’s litigation group.

For more, click here.

Law Firm News

Clifford Chance Revenue Rises 7% as Global Merger Pace Picks Up

Clifford Chance LLP, the highest-grossing U.K. law firm, saw revenue rise by 7 percent to 1.35 billion pounds ($2.3 billion) as improving global deal markets boosted earnings.

Continental Europe generated 37 percent of revenue, the largest share across the firm’s global network, in the financial year that ended April 30, Matthew Layton, London-based Clifford Chance’s managing partner, said in a phone interview.

“From the beginning of January there has been strong growth in mergers and acquisitions,” Layton said. “In some ways that’s the pipeline activity starting to move after a period of low activity, and also a sign of the growing confidence of boardrooms.”

Clifford Chance, which reported a slight drop in revenue last year, is the first of its main U.K. competition to announce earnings. Allen & Overy LLP, Linklaters LLP and Freshfields Bruckhaus Deringer LLP are all expected to release financial data during the next week.

For more, click here.

Deals

Baker Botts Advises Linn Energy on Devon Well Purchase

Baker Botts LLP advised Linn Energy LLC (LINE:US), which agreed to buy oil and natural gas-producing acreage across six U.S. states from Devon Energy Corp. (DVN:US) for $2.3 billion, its largest purchase since acquiring Berry Petroleum Co. last year. Vinson & Elkins LLP gave legal advice to Devon.

Baker Botts lawyers involved include Kelly Rose, Martin Toulouse, Shalla Prichard, James Chenoweth and Matthew Larsen.

The Vincent & Elkins team was led by partner John B. Connally. Also advising were partners Todd Way, tax; Larry Nettles, environmental; Neil Imus, litigation; Mark Brazzil, finance; and Tom Wilson, employment.

For more, click here.

To contact the reporter on this story: Elizabeth Amon in New York at eamon2@bloomberg.net

To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net Stephen Farr, Charles Carter


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Companies Mentioned

  • LINE
    (Linn Energy LLC)
    • $31.24 USD
    • 0.28
    • 0.9%
  • DVN
    (Devon Energy Corp)
    • $71.56 USD
    • -0.01
    • -0.01%
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