Law360 Names V&E Among 2018 “Energy Groups of the Year”
For the ninth consecutive year, Vinson & Elkins has been named in Law360’s “Practice Groups of the Year” series in recognition of the firm’s industry leading energy transactional and litigation successes in 2018. The firm is one of only five named in the energy category this year.
In a Feb. 7 profile, Law360 commends V&E for handling 67 North American energy industry M&A deals valued at more than $140 billion since Oct. 1, 2017, making it the top firm by volume and value, according to data supplied by Mergermarket.
This includes V&E’s role advising Energy Transfer Partners LP (ETP) in one of the biggest energy deals announced in 2018, in which Energy Transfer Equity took over its master limited partnership, ETP, for roughly $60 billion, including debt.
“Our strategy starts with the premise that we have the largest and most successful M&A, finance and capital markets practices across the energy industry and have for some number of years,” Keith Fullenweider, head of V&E’s corporate department, said in an interview with Law360. “Our strategy is to maintain that position.”
On the litigation side, V&E is recognized for “producing wins for clients in a series of pipeline-related disputes,” including successfully defending Plains All American Pipeline LP in securities litigation in which investors sought roughly $1.5 billion.
Also featured is V&E’s representation of intervenor PennEast in a challenge brought by Delaware Riverkeeper Network. On July 10, 2018, the D.C. Circuit rejected a challenge by the organization, which had alleged that the Federal Energy Regulatory Commission’s funding structure created an unconstitutional bias in favor of approving new pipeline projects.
“It is kind of an incredible part of our firm,” said Jim Thompson, head of V&E’s global litigation department, praising the firm’s “culture of collaboration that allows us to staff these things appropriately with the right talent, the right team, to get the best result for our client.”
Law firms were selected by Law360 based on “litigation wins and major deals that resonated throughout the legal industry in the past year.” V&E’s full profile can be viewed here.
About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.
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