When oil and gas development and production company Breitburn Energy Partners L.P. set out to buy QR Energy L.P., it couldn’t rely on its primary outside counsel, Vinson & Elkins, because Houston-based Vinson represented QR in the deal.
Vinson does a lot of work for companies like Breitburn — publicly traded master limited partnerships that combine a partnership’s tax benefits and a public company’s liquidity, said Breitburn general counsel Greg Brown.
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