Haynes and Boone News

Greg Michelson in the Orange County Business Journal: Q&A With Prominent Office Managing Partners

Haynes and Boone LLP has continued to recruit steadily through the years but has definitely experienced an increase in new associate hires since the depths of the recent U.S. economic downturn. Specifically, for the Orange County office, which is one of 12 firm offices, we have more than tripled the number of professionals since the office opened in 2009 by continuing to recruit the best legal talent. >>

Larry Pascal and Hunt Buckley in Inter-American Dialogues: How Is Mexico's Round One Oil Auction Shaping Up?

Mexico's government in December unveiled the terms of production-sharing contracts for 14 shallow-water exploration and production blocks and issued a call for bids as part of the first phase of Round One, the country's first public bid auction since it opened up its oil and gas sector to foreign and private investment. >>

Recent Publications

Addressing Oil and Gas Loan Defaults: Options and Consequences

If an E&P company cannot stretch its borrowing base and ends up with a borrowing base deficiency that is not timely cured, it will default under its credit agreement. This alert lays out a range of options that are available to temporarily or permanently move past a default under an E&P company’s reserved-based credit facility. >>

HSR Update: Annual Jurisdictional Thresholds Revisions Effective February 20, 2015 and Tips for Avoiding HSR Violations

The jurisdictional thresholds for premerger notification filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) will increase February 20, 2015 and will apply to any transaction closing on or after that date. >>

Supreme Court Favors Juries over Judges in Deciding Consumer Perspective Trademark Issue

The U.S. Supreme Court on Wednesday unanimously decreed that the jury, not the judge, should decide whether two trademarks used by a brand owner may be tacked (considered to impart the same impression) in a priority dispute. >>

Franchisor Enforces Forum Selection Clause against Area Representative in California Federal District Court

Haynes and Boone, LLP client, How Do You Roll?, successfully enforced a venue selection clause against an area representative in the U.S. District Court for the Eastern District of California. >>

Haynes and Boone Opens Denver Office with Highly Regarded Lawyers, Anne Weber and Alan Talesnick

DENVER – Haynes and Boone, LLP today proudly announces the opening of a Denver office and the addition of two new partners, well-known midstream and pipeline practitioner Anne Weber and Alan Talesnick, who focuses his practice on securities and corporate matters.

Haynes and Boone Wins Dismissal of All Claims Against The National Football League in Super Bowl Ticket Pricing Class Action

In a case that drew national attention when it was filed last year, a New Jersey federal judge has dismissed all claims brought against the National Football League in a class action brought over ticket pricing for Super Bowl XLVIII held last February at MetLife Stadium in New Jersey.

The plaintiffs in Finkelman, et al. v. National Football League, et al. (Civil Action No.3:14¬cv¬00096 (D.N.J.)) asked the United States District Court in New Jersey to find that the league’s limited distribution of Super Bowl tickets caused Finkelman and other class members to overpay for Super Bowl seats on the secondary market.

Buddy Clark in The Financial Times: Energy bondholders at risk as bank loans ebb

April in Texas traditionally marks the start of the spring thunderstorm season. This April, the tempestuous weather looks set to be accompanied by an additional financial squall for the state’s oil and gas companies as banks begin cutting back on the reserve financing on which these firms rely.

Such financing is typically re-evaluated twice a year, usually in October and April, and is tied to the value of the borrowing firms’ oil and gas reserves and related assets such as pipelines.

Haynes and Boone in Latin Lawyer: Firm Assists Cotemar in $160 Million Loan Refinancing

MEXICO CITY - Mexico’s Haynes and Boone SC has helped Mexican offshore oil field service provider Cotemar secure US$160 million to refinance a loan from Banamex and Citibank ... Cotemar secured the loan with a mortgage over several of the company’s vessels and through a security trust estate agreement with Pemex Exploración y Producción (PEP), a subsidiary of Mexico’s state-owned oil company. Cash flow from Cotemar’s lease of a platform to PEP was used as collateral for the loan.

Haynes and Boone Presents Largest Class of New Partners in Its History

Haynes and Boone, LLP is proud to announce promotion to partnership of 13 lawyers representing the firm’s Austin, Dallas, Houston, New York, Orange County, Richardson, and Washington, D.C. offices. It is the largest class of new partners elevated in the firm’s 44-year history.

The new class is comprised of LeAnn Chen, Scott Cunning, Brent Folsom, Jeremy Herskowitz, Nicholas Hoffman, Kendall Hollrah, Arman Kuyumjian, Christina Marshall, Joseph Mencher, Russ Rabinovich, Tom Tippetts, Greg Webb and Kenya Woodruff.