Transaction Lawyers Are Masters of Seeing the Next Move

While most lawyers are comfortable in a courtroom, deals lawyers must also feel at home in the boardroom.

Clients increasingly expect mergers and acquisitions (M&A) lawyers to help them in making decisions about business strategy. This involves having a deep knowledge of a client’s objectives.

Much of that insight comes from having direct experience of many deals, says Alan Klein, co-head of law firm Simpson Thacher & Bartlett’s M&A practice in New York. “We see more […]

By | December 12th, 2019 ||

Thirteen years of Texas M&A: Three law firms, 2,000 deals, $2 trillion

In mid-October, Kirkland & Ellis Partners Sean Wheeler and Doug Bacon represented Parsley Energy in its $2.27 billion purchase of Jagged Peak Energy, which was advised by Vinson & Elkins Partner Steve Gill.

That same week, V&E Partners Danielle Patterson and Keith Fullenweider and Kirkland Partners John Pitts and Cyril Jones were the legal advisers for Momentum Midstream and Indigo Natural Resources in their $2.25 billion sale of assets to DTE Energy.

Just a week earlier, […]

By | December 10th, 2019 ||

Private Companies Need To Protect Directors And Officers From Liability

Question: Does my private company need to worry about directors and officers indemnification and insurance?
Answer: In a word, yes.

Corporations often provide indemnification to their directors and officers (and many directors and officers expect such indemnification) for liabilities they may incur in their capacity as directors and officers.

For many corporations (whether public, private, or nonprofit), indemnification of directors and officers (D&O) is crucial to the corporation’s ability to attract and retain well qualified executives, who otherwise […]

By | December 3rd, 2019 ||