Legal 500 has once again recognized Porter Hedges nationally as among the leading firms in its 2015 U.S. law firm rankings. The ranking recognized the firm’s energy transactions (ranked for the first time), bankruptcy and construction practices along with eight attorneys in those areas including:
Industry Focus – Energy Transactions – Bob Thomas, Randy King, Ray Lees, Jeremy Mouton, Ragna Henrichs
“Porter Hedges LLP has been known for its upstream and midstream expertise for approximately 30 years, and recently responded to client demand by opening a further office in Oklahoma. Ray Lees in the new office and Houston partners Jeremy Mouton and Ragna Henrichs led advice to Chesapeake Energy on the $5.3bn sale of Marcellus and Utica shale assets to Southwestern Energy. Lees and Mouton also advised affiliates of American Energy Partners on the acquisition of shale acreage in the Marcellus, Utica and Permian Basin in three separate transactions with a combined price of $4.25bn. Bob Thomas and Randy King head the team from Houston.”
Finance: Corporate Restructuring (including bankruptcy) – John Higgins
“Houston-headquartered Porter Hedges LLP saw its restructuring group shrink to three partners in 2014, following James Vaughn’s move in-house with client Par Petroleum. Group head John Higgins remains at the helm and clients highlight him as a ‘very experienced counsel’. The firm has a strong record in advising creditors and investors in restructurings and it particularly excels in energy-related cases, in line with its firmwide strength. Highlights included advising Wayzata Investment Partners as an equity interest holder and secured creditor in Goldking Holdings’ Chapter 11 bankruptcy cases. “
Real Estate and Construction: Construction – David Peden, Kyle Reeb
“Porter Hedges LLP’s seven-attorney construction department is led by David Peden. Specializing predominantly in contentious matters, it has a strong focus toward energy and public infrastructure-related work. The team’s expertise also extends to advising public agencies and authorities on projects where damage and delay claims arise. It recently had success in defending HOK against claims arising from Baylor College of Medicine’s $230m new replacement hospital. Other significant work highlights included representing Houston Airport System in a $20m lawsuit over four miles of concrete taxiway that failed durability requirements. Kyle Reeb joined the firm in June 2014 from Hodgson Russ LLP.”
The Legal 500 is a series of guides to elite law firms worldwide with only 305 law firms recommended. The Legal 500 series has been one of the largest legal referral guides for more than 20 years for commercial and private companies, corporate counsel, CEOs, and professional advisers. The publication interviews in-house counsel and lawyers globally to compile its annual guides.