Robert Viguet - Senior Partner, Thomson & Knight LLP

1. Robert
J.
Viguet,
Jr.
Energy
Construc5on
Forum
Thompson
&
Knight
LLP

2. o Established
in
1887
o Full-­‐service
firm
o Approximately
330
aLorneys
o U.S.
offices
in
Texas,
New
York,
and
California
o Interna5onal
offices
and
associa5ons
in
the
Americas,
North
Africa,
and
Europe
2
About
Thompson
&
Knight

3. o Named
“Law
Firm
of
the
Year”
in
Oil
&
Gas
Law
in
the
2011/2012,
2013,
and
2015
edi5ons
of
Best
Law
Firms,
the
preeminent
lis5ng
of
the
na5on’s
top
legal
prac5ces
from
the
publishers
of
U.S.
News
&
World
Report
and
The
Best
Lawyers
in
America®
o Thompson
&
Knight’s
corporate/M&A
team
is
known
for
its
“excellent
midmarket
prac6ce
focused
on
energy
transac5ons
in
the
upstream
space”
according
to
Chambers
USA
2014
by
Chambers
&
Partners.
3
Recent
Accolades

4. o Energy
Construc5on
Company
sales,
financings,
and
leveraged
recapitaliza5ons
› Industry
consolidators;
private
equity
firms
› Entrepreneurs
who
build
and
sell
their
business
› Corporate
sales,
asset
sales,
and
joint
ventures
› Secured
financing,
mezzanine
financing,
and
private
equity
investment
› Leveraged
recaps
4
Energy
Construc5on
Exper5se

5. o Leveraged
Recaps
–
popular
structure
› Allows
owners
of
energy
construc5on
firms
to
“take
chips
off
the
table”
–
typically
65-­‐80%
of
the
value
› Requires
con5nued
employment
of
owners
and
key
execu5ves
for
several
years
and
provides
incen5ves
to
grow
the
Company
› Former
owners
retain
a
minority
stake
and
typically
hold
management
and
board
posi5ons
› Private
equity
or
industry
sponsor
provides
the
Company
with
financial
support
and
growth
opportuni5es
5
Energy
Construc5on
Exper5se

6. o We
have
par5cular
experience
helping
clients
in
the
midstream
sector
with
joint
ventures
and
partnerships
› Assist
in
the
forma5on
of
joint
ventures
for
the
development,
construc5on,
acquisi5on,
and
opera5on
of
pipelines
and
processing
and
treatment
plants
› Advise
on
the
construc5on
and
opera5on
of
jointly
owned
pipelines
6
Energy
Construc5on
Exper5se

7. o Related
legal
services
for
energy
construc5on
clients:
› Labor
and
Employment
advice
and
regulatory
compliance
› Dispute
resolu5on
–
trial,
arbitra5on,
and
media5on
› Treasury
Support
-­‐
swaps
and
deriva5ves,
leLers
of
credit,
bonding,
and
collec5ons
› Contract
nego5a5on
and
documenta5on;
bidding
7
Energy
Construc5on
Exper5se