On January 27, 2021, Vinson & Elkins secured a pro bono victory on behalf of client Vladimir Jeanty before Judge Katherine Polk Failla of the U.S. District Court for the Southern District of New York.
Vinson & Elkins advised SailPoint Technologies Holdings, Inc., the leader in identity security for the cloud enterprise, in its acquisition of Intello, an early-stage SaaS management company that helps organizations discover, manage and secure SaaS applications.
Vinson & Elkins has secured a significant victory in the United States District Court for the District of Columbia on behalf of large shippers from the steel, power generation, chemicals and agriculture industries in ongoing antitrust litigation alleging that the four largest railroads in the United States conspired to fix prices by establishing rate-based fuel surcharges.
Chambers Global 2021 ranked Vinson & Elkins in 19 practice areas, including top-tier rankings for four of the firm’s practice areas.
Vinson & Elkins advised Enable Midstream Partners, LP (“Enable”), in connection with a merger agreement in which Transfer LP (“ET” or “Energy Transfer”) will acquire Enable in an all-equity transaction valued at approximately $7.2 billion.
Vinson & Elkins advised Antero Resources Corporation in connection with the formation of a $500 to $550 million drilling partnership with QL Capital Partners, an affiliate of Quantum Energy Partners.
Vinson & Elkins’ trial lawyers obtain another victory, this time for former subsidiaries of its client, Energy Transfer, LP, in Delaware class action litigation challenging the $18 billion merger between Regency Energy Partners, LP and Energy Transfer Partners, LP.
Vinson & Elkins advised the underwriters in connection with ECP Environmental Growth Opportunities Corp.’s (the Company) closing of its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit, resulting in gross proceeds of $345,000,000. The offering closed on Feb. 11, 2021.
Vinson & Elkins advised Liberty Oilfield Services in connection with an underwritten public offering of 8,700,000 shares of Class A common stock by funds affiliated with Riverstone. The offering priced on February 8, 2021.
Vinson & Elkins advised Decarbonization Plus Acquisition Corporation, a blank check company sponsored by an affiliate of Riverstone Holdings LLC, in its entry into a definitive agreement with Hyzon Motors Inc. (“Hyzon”), the industry-leading global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, for a business combination that would result in Hyzon becoming a publicly listed company. The transaction is anticipated to provide gross proceeds of up to approximately $626 million to the company, including a $400 million fully committed common stock PIPE at $10 per share, anchored by existing and new investors.
Vinson & Elkins advised Tortoise Acquisition Corp. II, a publicly traded special purpose acquisition company with a strategic focus on energy sustainability and decarbonizing transportation, in connection with the announcement of its planned merger with Volta Industries, Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks.