Jeffery Burton Floyd
Jeff concentrates his practice on mergers and acquisitions, shareholder activism, contests for control, and corporate governance. He has worked extensively on public mergers and acquisitions, including those involving publicly traded partnerships. For more than 30 years, Jeff has represented public and private companies as well as private investment companies and investment banking firms in a diverse range of industries, including energy and oilfield services, retail, finance, technology and software, health care, and construction.
Jeff is co-head of V&E’s Shareholder Activism Practice, and is a member of the firm’s Management Committee.
Experience Highlights
Venator Materials PLC in its $522 million initial public offering of ordinary shares by a selling shareholder and separation from Huntsman Corporation
CVR Partners in the $533 million acquisition of Rentech Nitrogen Partners, creating a leading North American nitrogen fertilizer producer
Woodside Petroleum Limited in its $3.35 billion acquisition of Apache Corporation’s interests in the Wheatstone LNG and Balnaves oil development projects in Australia and the Kitimat LNG project in Canada
C&J Energy Services in its $2.86 billion merger with Nabors’ completion and production business to create a leading diversified completion and production services provider
Oiltanking Holdings Americas in the $4.41 billion acquisition by Enterprise Products Partners of the general partner of Oiltanking Partners, and all of the common and subordinated units of Oiltanking Partners held by Oiltanking Holding Americas and a wholly owned subsidiary
Devon Energy Corp. in the $8.84 billion contribution of substantially all of its U.S. midstream business to Crosstex Energy and Crosstex Energy to form a consolidated midstream business controlled by Devon
Huntsman Corporation in its $1.1 billion acquisition of the performance additives and titanium dioxide businesses of Rockwood Holdings
QR Energy in its $3 billion merger with Breitburn Energy Partners
St. Luke’s Episcopal Health System in its $1 billion transfer to the Catholic Health Initiatives
Sabine Oil & Gas in its merger with Forest Oil Corporation through an all-stock transaction
The Shaw Group in its $3 billion sale to Chicago Bridge & Iron
Equinor (formerly Statoil) in the $4.7 billion acquisition of Brigham Exploration Company, a public exploration and production company
Global Industries in the $937 million sale of the company, a publicly traded subsea solution provider, to Technip SA
Continental Airlines in its $3.2 billion all-stock merger with United Airlines
Energy Transfer Partners in its $2 billion acquisition of a 50% interest in Citrus Corp
Plains All American Pipeline in its $744 million merger with PAA Natural Gas Storage through a unit-for-unit exchange
Westlake Chemical Corp. in its subsequently withdrawn unsolicited $1.2 billion bid to acquire Georgia Gulf Corp., North America’s largest maker of vinyl construction products
Plains All American Pipeline in its subsequently withdrawn unsolicited $1 billion bid to acquire SemGroup, a publicly traded oil and gas storage and transportation company
Miller Energy Resources against shareholder activists Lone Star Value Management and Bristol Capital
Endeavour International Corporation against shareholder activist Talisman Group Investments
Conn’s in connection with activist activity by Luxor Capital and Greenlight Capital
Oil States International in connection with activist activity by JANA Partners
Credentials
- Georgetown University, J.D. cum laude, 1984 (Editor, The Tax Lawyer)
- University of South Carolina, B.A. cum laude, 1981 (Phi Beta Kappa; Omicron Delta Kappa)
- Chambers USA, Corporate/M&A (Texas), 2013−2019
- Legal 500 U.S., Energy: Transactions, 2013 and 2015; M&A: Large Deals, 2014 and 2015
- The Best Lawyers in America© (BL Rankings, LLC), “Lawyer of the Year” in Corporate Law (Houston), 2017 and 2020
- The Best Lawyers in America©(BL Rankings, LLC), Corporate Law, 2005, 2006, and 2008−2020; Securities/Capital Markets Law, 2008−2020; Mergers & Acquisitions Law, 2010 and 2013−2020
- Selected to the Texas Super Lawyers list, Super Lawyers (Thomson Reuters), 2003−2018
- Member: American Bar Association
- Texas
- Deals & CasesNovember 27, 2019
- Rankings & AwardsAugust 15, 2019
- Deals & CasesJune 17, 2019
- Rankings & AwardsApril 25, 2019
- Event RecapMarch 20, 2019
- Deals & CasesDecember 3, 2018
- Deals & CasesOctober 29, 2018
- Rankings & AwardsSeptember 6, 2018
- Deals & CasesAugust 2, 2018
- V&E+July 26, 2018
- Rankings & AwardsMay 9, 2018
- Press ReleaseFebruary 8, 2018
- Deals & CasesOctober 6, 2017
- Deals & CasesJanuary 25, 2017
- Event RecapSeptember 9, 2015
- “The Future of Shareholder Activism: Navigating the Increasingly Complex Landscape Webcast,” December 9, 2019 (speaker)
- “Public Company Consolidations: What You Need to Know,” Energy Series, V&E Houston Office, March 20, 2019 (speaker)
- “NACD Peer Exchange: How the Board Can Plan for Uncertainty in 2017,” The National Association of Corporate Directors, April 6, 2017 (speaker)