Baker Botts L.L.P.’s non-contentious tax department, primarily operating out of Texas, has an excellent reputation for its expertise in the energy space, regularly advising on mergers, joint ventures, restructurings, and spin-offs, as well as for its SALT practice. Dallas-based practice head Steve Marcus has longstanding expertise advising a wide variety of clients, particularly in the real estate and energy sectors. His expertise covers private equity investments, MLPs and REITs transactions, qualified opportunity zone investments, corporate spinoffs, M&A, and joint ventures. Houston’s Michael Bresson specializes in matters involving renewable energy transactions, publicly traded partnerships, YieldCos, and MLPs. Derek Green, with considerable experience in the oil and gas space, is deputy chair of the practice in Houston. William Gorrod, dividing his time between the firm’s San Francisco and New York offices, advises corporate clients and flow-through entities across a wide range of industries, including tech, financial services, energy, real estate, retail, manufacturing, and pharma. Joshua Mandell and Jon Lobb both stand out for their contributions. Tamar Stanley left the firm in May 2023 for an in-house role.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Josh Mandell and Jon Lobb are the two partners that I work with the most. Josh has great substantive tax expertise with complex debt instruments and other financial instruments, and Jon Lobb is my go-to for cross-border M&A and issues. Both are super responsive and have great judgment.'
  • 'The team has great substantive expertise and they are very responsive when issues arise.'
  • They offer depth of knowledge, availability, and practicality.'

Key clients

  • Sunnova Energy Corporation
  • TPC Group, Inc.
  • CenterPoint Energy, Inc.
  • Hines Interests Limited Partnership
  • Cheniere Energy, Inc.
  • BKV Corporation
  • Midcoast Energy, LLC
  • Seadrill Limited
  • TD Williamson, LLC
  • Archrock Services, L.P.
  • BHP Billiton
  • Samsung Austin Semiconductor, LLC
  • NRG Energy, Inc.
  • ENGIE North America, Inc.
  • Koch Industries, Inc.
  • Jefferies Capital Partners
  • Matador Resources Company
  • Liberty Latin America Ltd.
  • Transocean Ltd.
  • Shell USA Inc.
  • Höegh LNG Partners LP
  • Sempra Energy
  • Hibernia Energy Resources III
  • CIM Group LLC
  • Delek US Holdings
  • Laredo Energy
  • USA Compression Services
  • CenterPoint Energy Corporation
  • Texas Instrumentals Incorporated
  • Port Arthur LNG, LLC
  • Lancium LLC
  • EDF Renewables North America
  • Solaris Oilfield Site Services Operating
  • Kinder Morgan Production Company, LLC

Work highlights

  • Advised Matador Resources Company in connection with its $1.6 billion acquisition of Advance Energy Partners Holdings, LLC from EnCap Investments LP.
  • Assisted TPC Group with its $1.3 billion+ chapter 11 restructuring.
  • Advised Liberty Latin America Ltd. in the $4 billion combination of Chilean operations with América Móvil S.A.B. de C.V. to form a 50/50 joint venture.

Practice head

The lawyer(s) leading their teams.

Steve Marcus, Derek Green

Other key lawyers

Michael Bresson, Jon Lobb, Elias Hinkley, Joshua Mandell