•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Middle East lawyers leave Norton Rose Fulbright for Baker Botts

    A group of 14 veteran lawyers with accumulated experience of more than a century of practice in Gulf Cooperation Council (GCC) countries -- including eight partners who specialize in a wide range of transactional and dispute matters -- joined Baker Botts LLP on July 16. The lawyers will work from firm offices in Dubai, Riyadh, and Abu Dhabi.

    John Lonsberg

    The Middle East group -- a total of 14 lawyers and a number of support staff -- moved to the firm from Norton Rose Fulbright, formed in June of this year with the merger of two international law firms, London-based Norton Rose and Houston-based Fulbright & Jaworski. The exiting group includes John Lonsberg, who established Fulbright & Jaworski’s presence in the Middle East when he joined Fulbright in 2005 and served as the partner in charge of that firm’s Middle East practice; fellow partners Mark Bisch, Jonathan Sutcliffe, Joseph Colagiovanni, Hassan Elsayed, Richard Devine and Philip Punwar in Dubai, and Sam Eversman in Riyadh, Saudi Arabia.

    A Baker Botts spokesman says this move, along with an alliance agreement signed with the International Legal Group in Kuwait earlier this year, enhances the firm’s reputation as a significant legal force in the region and allows the firm to provide a broader range of service and capabilities to clients. This includes providing extensive counsel to foreign companies active in Kuwait and the UAE or Kuwait- and UAE-based companies active internationally.

    “This team -- considered ‘go-to’ choices for any business requiring legal counsel in the Middle East -- has extensive experience in the region over a wide range of industry segments and practice areas that goes back for more than 30 years,” said Baker Botts managing partner Andrew Baker. “They are frequently referred to as ‘the region’s lawyers,’ and we are pleased to have them join the firm and our Middle East team.”

    The new lawyers joining Baker Botts will focus primarily on corporate and commercial transactions, regulatory and compliance, project finance, international arbitration and dispute resolution matters, and local law across a range of industries, including energy, technology, aviation and defense, construction, hospitality and consumer products with the added dimension of anti-bribery and related corporate compliance and internal investigations.

    With this move, Baker Botts now has 40 lawyers in its Middle East offices, giving it one of the largest team of any US-headquartered firm in the region. Baker Botts has more than 700 lawyers in 14 offices around the world.

    The group collectively brings multiple decades of experience serving international and locally-based clients throughout the region. They are well-versed in local law and business custom and have developed long-term relationships with Middle East-based businesses and government entities.

    “This group of talented and experienced lawyers will cement our position as one of the dominant legal forces in the region,” said Robert Jordan, former US ambassador to Saudi Arabia and partner in charge of the firm’s Middle East practice. “This team significantly enhances our ongoing efforts to build a broad portfolio of capabilities in the Middle East in order to help clients address the growing demand for sophisticated legal services on a wide of array of complex issues.”

    Jamie Baker

    Jamie Baker, International Partner for Baker Botts, said, “Over many years we have become familiar with John [Lonsberg, the former partner in charge of Norton Rose Fulbright’s Middle East practice] and several of his partners and their ability to successfully represent clients on transactions and disputes across the GCC countries. It was always clear that we share similar approaches to the practice of law. We see a lot of synergy with the group and look forward to expanding the services we can offer our collective client base.”

    In an interview with OGFJ on July 11, Jamie Baker was asked about the impact that surging oil production from North American shale plays might have on Middle East oil producers. He responded, “The cost of producing oil from shale is significantly higher than producing oil from conventional reservoirs like those in Saudi Arabia and elsewhere in the region. Resource plays in the United States have been a game-changer, but the energy dominance of the Middle East will not go away.”

    In that same interview, OGFJ asked Robert Jordan about the escalating political unrest in the region, most notably the civil war in Syria and the possibility of it spilling over into other nations in the region. His response: “We always pay attention to these events, but you find oil in some pretty rough neighborhoods around the world. People go where the oil is. We try to stay alert and resilient, but we are not overly alarmed.

    Most Popular

    Related Articles

    Vanguard to acquire Eagle Rock Energy Partners for $614 million

    05/22/2015 Vanguard Natural Resources LLC and Eagle Rock Energy Partners LP have entered into an agreement and plan of merger pursuant to which a subsidiary of Vanguard will merge into Eagle Rock for total co...

    Verisk Analytics closes Wood Mackenzie acquisition

    05/19/2015 Verisk Analytics Inc., a data analytics provider, has completed the acquisition of Wood Mackenzie Ltd., which provides data analytics and commercial intelligence for the energy, chemicals, metals, ...

    Lucas terminates agreements with Victory Energy

    05/18/2015

    Lucas Energy Inc. confirms that, on May 11, the nonbinding letter of intent previously entered into between Victory Energy Corp. and Lucas was terminated. 

    Williams to acquire all public equity of Williams Partners

    05/14/2015 Williams and Williams Partners LP have an agreement under which Williams will acquire all of the public outstanding common units of Williams Partners in an all stock-for-unit transaction at a 1.115...

    Crestwood companies agree to merge

    05/06/2015 Crestwood Equity Partners LP and Crestwood Midstream Partners LP have agreed to merge the two partnerships and simplify Crestwood’s corporate structure into a single publicly traded partnership wit...

    More clarity, less bias - better mergers

    05/06/2015

    Most mergers fail to deliver the promised value to shareholders

    More Oil & Gas Financial Articles

    Vanguard to acquire Eagle Rock Energy Partners for $614 million

    Fri, May 22, 2015

    Vanguard Natural Resources LLC and Eagle Rock Energy Partners LP have entered into an agreement and plan of merger pursuant to which a subsidiary of Vanguard will merge into Eagle Rock for total consideration of $474 million in Vanguard common units and the assumption of Eagle Rock's net debt of $140 million as of March 31.

    Verisk Analytics closes Wood Mackenzie acquisition

    Tue, May 19, 2015

    Verisk Analytics Inc., a data analytics provider, has completed the acquisition of Wood Mackenzie Ltd., which provides data analytics and commercial intelligence for the energy, chemicals, metals, and mining verticals. The purchase price was £1.85 billion (approximately $2.8 billion, net of foreign currency hedges).

     

    Lucas terminates agreements with Victory Energy

    Mon, May 18, 2015

    Lucas Energy Inc. confirms that, on May 11, the nonbinding letter of intent previously entered into between Victory Energy Corp. and Lucas was terminated. 

    Williams to acquire all public equity of Williams Partners

    Thu, May 14, 2015

    Williams and Williams Partners LP have an agreement under which Williams will acquire all of the public outstanding common units of Williams Partners in an all stock-for-unit transaction at a 1.115 ratio of Williams common shares per unit of Williams Partners.

    Crestwood companies agree to merge

    Wed, May 6, 2015

    Crestwood Equity Partners LP and Crestwood Midstream Partners LP have agreed to merge the two partnerships and simplify Crestwood’s corporate structure into a single publicly traded partnership with a consolidated enterprise value of approximately $7.5 billion.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ