Liz Snyder

Houston

T: +1.713.758.2450

F: +1.713.615.5672

1001 Fannin Street
Suite 2500
Houston, TX 77002

E: lsnyder@velaw.com

VCard BIO PDF

Liz represents corporations, partnerships, and high-net worth individuals in all phases of tax controversy, including IRS audit and appeals and in federal court. She also advises clients on the federal income tax consequences of complex domestic and cross-border business transactions, including investments in clean and renewable energy projects qualifying for federal tax credits, mergers and acquisitions, capital markets transactions such as debt and equity offerings and initial public offerings (IPOs), bank credit facilities, and cross-border planning and restructurings.

The following is a list of representative matters in which Liz has assisted.

Experience Highlights

Ad hoc group of lenders holding approximately $175 million in senior secured term debt in the prepackaged chapter 11 bankruptcy cases of Pioneer Energy Services Inc. involving a convertible note with a bond hedge and a capital call
Sunoco Logistics Partners LP in its $20 billion merger with Energy Transfer Partners in a unit-for-unit transaction
Brigham Minerals, Inc. in its $261 million initial public offering of Class A common stock utilizing an Up-C structure
Apollo Global Management in the acquisition of an approximately $1 billion portfolio from GE Capital’s Energy Financial Services unit

A special situations fund in a nearly $1 billion back-levered acquisition (by way of a joint venture) of a portfolio of wind assets from a global conglomerate
A private equity firm in a joint investment with a major bank to purchase a $160 million tax equity position in a portfolio of wind farms

Ad hoc group of lenders holding approximately $175 million in senior secured term debt in the prepackaged chapter 11 bankruptcy cases of Pioneer Energy Services Inc. involving a convertible note with a bond hedge and a capital call

TPG Pace Energy Holdings, a special purpose acquisition company (SPAC) and affiliate of TPG, in its $2.66 billion acquisition of oil and gas assets from EnerVest using an acquisitive Up-C structure
Rice Energy in its $6.7 billion unwinding of its Up-C structure and associated merger with EQT Corporation

Underwriters to Rockies Express Pipeline LLC in its $750 million offering of senior notes
Calumet Specialty Products Partners, L.P. in its $550 million offering of senior notes
Underwriters to Cimarex Energy Co. in its $500 million public offering of investment grade senior notes

Huntsman Corporation in its $522 million initial public offering of Venator Materials plc, a global chemical company incorporated in the UK
Enbridge as special tax counsel with respect to the $6.8 billion simplification (at signing) of its corporate structure via cross-border mergers of its public corporate and MLP subsidiaries