Guy Young has more than 25 years of experience in corporate securities transactions, including public and private offerings of debt and equity securities, securities laws compliance, corporate governance, mergers and acquisitions and monetization transactions. Mr. Young’s practice focuses on the representation of energy companies and underwriters engaged in transactions with energy companies.
Mr. Young has represented clients based in the United States and Canada in transactions such as:
- capital markets transactions including registered primary and secondary public offerings, Rule 144A and private placements of common stock, preferred stock and subordinated and senior debt securities;
- private equity and mezzanine debt transactions; asset monetization transactions, such as royalty trusts and production payments;
- securities offerings and acquisitions relying on the Multi-Jurisdictional Disclosure System with Canada;
- roll-up transactions, exchange offers and other recapitalization and restructuring transactions; and
- acquisitions, divestitures and mergers of public and private companies in the United States and internationally.
Honors
Texas Super Lawyer in Securities & Corporate Finance, 2009
Selected Representative Experience
EnerVest Energy Institutional Fund
Represented EnerVest Energy Institutional Fund X, EnerVest Energy Institutional Fund XI, EV Energy Partners and EnerVest Wachovia Co-Investment Fund in their acquisition from Anadarko Petroleum Corporation of $750M of oil and gas properties located in the Austin Chalk Field of Texas.
$78 Million IPO - EV Energy Partners, L.P.
The firm represented EV Energy Partners, L.P. in its initial public offering in September 2006.
Acquisition of an Energy Company
Represented an American Stock Exchange listed company in the reverse acquisition of affiliated private oil and gas companies for approximately $950 million in common stock.
Sale of Chinese Assets
Represented a large U.S. independent oil and gas company in the divestiture of its subsidiary which owned assets located offshore mainland China to a company based in Singapore for over $200 million.
Project Finance - Acquisition and Development Financing of a Deepwater Gulf of Mexico Project
Represented a NYSE listed company in the financing of the acquisition of a deepwater Gulf of Mexico project, and the subsequent development financing, including the sale of an interest in the project to a Japanese trading company, the project financing of development costs and the consent solicitation to amend the indenture for outstanding senior notes.
Public Offering
Represented an upstream master limited partnership in its $98 million initial public offering on the NASDAQ Global Market.
PIPE - EV Energy Partners, L.P.
Haynes and Boones counseled EV Energy Partners, L.P. in the issuance and sale of $120 million of additional equity securities. Proceeds from that private placement were used to repay all of the company's borrowings under its revolving credit facility, which borrowings were used to finance the previously completed acquisition of Monroe field properties in Louisiana in March 2007, and to fund approximately $25 million of the purchase price of its $100 million Central/East Texas acquisition.
Special Transaction Committee - Texas Genco Holdings, Inc.
The Special Transaction Committee of the Board of Directors of Texas Genco Holdings, Inc. in connection with the sale of the publicly-held interests in Texas Genco to GC Power Acquisition LLC, an entity owned by investment funds affiliated with The Blackstone Group, Hellman & Friedman LLC, Kohlberg Kravis Roberts & Co. L.P. and Texas Pacific Group.
Online Publications
07/09/2009 -
SEC Proposes Rule Amendments to Facilitate Rights of Shareholders to Nominate Directors
On June 10, 2009, the U.S. Securities and Exchange Commission (the “SEC”) proposed a series of amendments to rules promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”) to facilitate shareholders’ rights to nominate directors.
02/12/2009 -
SEC Mandates Interactive Data Financial Reporting
The Securities and Exchange Commission (SEC) issued rules that will require most public companies to file financial statements with the SEC in eXtensible Business Reporting Language (XBRL). Interactive data in XBRL format permits users of financial information to automatically download financial data directly into documents and analytical tools.
SEC Proposes Federal Preemption of Rules of Conduct for Attorneys Practicing Before the Commission
01/31/2003 -
24 - SEC Adopts New Rules on Auditor Independence
On January 28, 2003, the SEC published additional rules regarding the independence of accounting firms that audit the financial statements of public companies. These rules are a result of the Sarbanes-Oxley Act of 2002 (the “Act”) and were adopted by the SEC in accordance with Section 208(a) of the Act, although certain aspects of the rules expand upon the auditor independence provisions of the Act.
01/28/2003 -
SEC Adopts Rules Governing Determination and Disclosure of Audit Committee Financial Experts
01/24/2003 -
SEC Adopts Rules Governing Disclosure of Non-GAAP Financial Measures and Amendments to Form 8-K
01/24/2003 -
SEC Adopts Code of Ethics Disclosure Rules
12/04/2002 -
SEC Proposes Rules to Federalize Professional Conduct for Lawyers Practicing Before the SEC
11/01/2002 -
SEC Proposes Rules on Internal Controls, Ethics Codes and Financial Experts on Audit Committees
09/18/2002 -
NYSE Submits Changes to Corporate Accountability and Listing Standards to SEC for Approval
09/10/2002 -
SEC Issues Final Rules On Accelerated Filing Deadlines for Certain Public Companies
09/04/2002 -
SEC Issues Final Rules on Certification of Disclosure in Quarterly and Annual Reports
08/30/2002 -
Sarbanes-Oxley Prohibition on Loans to Executives May Conflict with Compensation Practices
08/30/2002 -
Sarbanes-Oxley Act of 2002: SEC Adopts Amendments to Accelerate Section 16 Filings
08/14/2002 -
Sarbanes-Oxley Act of 2002: Important Changes to Insider Reporting Deadlines under Section 16
08/09/2002 -
Sarbanes-Oxley Act of 2002: Suggestions for Compliance
U.S.-Canadian Cross-Border Acquisitions: Securities Law Considerations
01/14/2002 -
Enron Bankruptcy: Purchasing Assets from Enron and its Subsidiaries and Affiliates
Enron announced in court Friday, January 11, that it had selected UBS Warburg’s bid for its wholesale commodity trading business. Many details concerning the sale remain to be resolved through the bankruptcy court process. Importantly for Haynes and Boone’s energy clients, there are many other Enron assets remaining on the auction block.
12/05/2001 -
Enron Bankruptcy: Counter-Party Rights Under Derivative Contracts
The bankruptcy filing by Enron Corp. and several of its subsidiaries, including its principal energy trading subsidiary, creates a number of issues for our clients, including those clients who are in the exploration and production business and who have entered into financial and physical swaps, puts and other derivative contracts with Enron or one of its subsidiaries.