Clifford Chance and Dechert win roles on Shell's $3.8bn North Sea assets sale
Shell instructs panel firm CC as UK oil exploration company Chrysaor turns to Dechert
January 31, 2017 at 07:32 AM
2 minute read
Clifford Chance (CC) and Dechert have won leading roles on Shell's £3bn ($3.8bn) disposal of North Sea assets to Chrysaor Holdings.
Watson Farley & Williams (WFW) and White & Case have also secured mandates.
CC is advising Shell alongside the oil major's 650-lawyer in-house team, which is headed by group general counsel Donny Ching.
The magic circle firm's team on the deal is being led by London energy partner and Shell relationship partner John Wilkins, and City corporate partner Graham Phillips.
Dechert is acting for UK-headquartered exploration and production company Chrysaor, which is being funded on this deal by Harbour Energy.
Bond Dickinson is also advising Chrysaor, with a team led by oil and gas head Paul Stockley.
White & Case is advising Harbour Energy with a team led by London private equity partners Ian Bagshaw and Richard Jones. The investment vehicle is owned by EIG Global Energy Partners.
The lending banks were advised by WFW City finance partner Joe Levin.
The deal is subject to regulatory approvals and is expected to close in the second half of 2017.
Last year, magic circle firms Allen & Overy and CC both secured coveted places on Shell's legal panel alongside Eversheds, Norton Rose Fulbright, Baker & McKenzie and Reed Smith.
The six-month review process was led by Canada-based associate general counsel for disputes, strategy and coordination Gordon McCue.
McCue reviewed more than 200 firms in order to reach the final six. The panel will be in place for four years, with rates being reviewed in May 2018.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
MinterEllison, Latham Advise Anglo American on $3.8B Australian Divestments
2 minute read
Latham, Skadden Among Firms Acting on Mubadala's $3.4 B Acquisition of CI Financial
3 minute read
McCarthy Tétrault Welcomes Former CPP Investments Leader to Its Business Law Group
2 minute readTrending Stories
- 1Ninth Circuit Rules on Inherent Authority and FRCP 37(e)
- 2Where CFPB Enforcement Stops Short on Curbing School Lunch Fees, Class Action Complaint Steps Up
- 3Appellate Court's Decision on Public Employee Pension Eligibility Helps the Judiciary
- 4People in the News—Dec. 2, 2024—Marshall Dennehey, Pollock Begg
- 5How I Made Partner: 'Prioritize What Is Important to You, Do What Energizes You,' Says Sarah Wellings of Sullivan & Worcester
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
