McDermott Supercharges Energy Transactions Market with Texas-Based Private Equity and M&A-Focused Duo
International law firm McDermott Will & Emery announced that Jack Langlois and Jibin Luke have joined the Transactions Practice Group as partners based in the Houston office. These hires diversify our robust energy practice and add strength in a geographically critical area as clients weigh business opportunities with potential federal energy regulations on the horizon. Jack and Jibin both join from DLA Piper where Jack served as US co-chair of the firm’s energy sector and managing partner in Houston.
“Jack is a high-profile dealmaker known in the Texas energy and legal circles, and we’re thrilled to welcome him and Jibin to McDermott. This group will provide clients a direct connection to the United States’ largest economic hub for oil and gas, paving the way for additional mergers and acquisitions and private equity deals,” Harris Siskind, global head of McDermott’s transactions practice group, said. “With this added expertise, we’re advancing our already high-impact, high-volume deal activity while diversifying our fast-growing energy practice. Our broader platform will make McDermott a destination firm for clients’ energy-related transactional and regulatory needs.”
“It’s clear that McDermott is an elite global firm in terms of clients, significant engagements and financial results, while prioritizing a great emphasis on fostering a collaborative environment—it is deeply woven into the culture and sets it apart from other firms,” Jack added. “Add this to an imperative to grow and diversify energy offerings in the US and around the world, and it’s an ideal fit for our group and our clients, as well as other lawyers in the Texas market desiring a successful platform [for themselves and their clients].”
Head of Strategy Michael Poulos noted, “Texas in general and Houston in particular is one of the leading markets in the legal industry, and we are very excited by our continued trajectory and growth in the market. From a client offering perspective, Jack and Jibin complement and diversify an already vibrant energy sector offering at the Firm – this made the decision to have them join us an easy one.”
Jack advises clients on investments in and financings of energy projects and assets, including mergers, joint ventures and acquisitions and dispositions of assets and stock of energy companies. Jack advises on mineral exploration and development projects, involving acquisition of exploration and development rights, pipelines, gathering, transportation, processing, storage and other infrastructure. He also represents oil and gas production companies in connection with the acquisition of oil and gas properties; and banks in connection with production payment acquisition and financing. Jack has significant experience handling international transactions, including representing drilling companies in connection with sales of drilling rigs in Brazil, Canada and Greece, and representing power producers with the development and financing of power projects in Latin America.
Jibin represents business owners and investors with structuring and negotiating mergers and acquisitions, leveraged buyouts, energy transactions, equity investments and other general corporate matters. He regularly advises clients on domestic and international transactions, corporate governance matters, private debt and equity financing, regulatory matters and portfolio company investments. Jibin represents clients in the acquisition and sale of energy, manufacturing, technology and service-related companies, and negotiating and securing financing. He has experience preparing and negotiating purchase and sale agreements, joint venture agreements, joint operating agreements, partnership agreements, limited liability company agreements, transportation and gathering agreements, employment and consulting agreements, credit and security agreements and master service agreements.
This group further supports the Firm’s growing private equity (PE) deal volume, building momentum on more than 360 deals closed in 2020. McDermott was recently ranked by Pitchbook in its 2020 league tables as #3 in PE in the US and #5 in PE globally.
A Propos De Nous
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