Judy Little's practice focuses on the areas of corporate finance, securities law, mergers and acquisitions, and SEC disclosure and reporting requirements. Ms. Little’s experience includes representations of public and privately held companies, primarily in the energy industry, in mergers, stock purchases and sales, and asset purchases; representation of issuers and investment bankers in various domestic and foreign public offerings; and representation of issuers in numerous domestic and foreign private placements.
Ms. Little has represented clients in the following:
- Represented NYSE and NASDAQ listed companies in connection with capital markets transactions, both in the United States and internationally (including Rule 144A offerings and exchange offers);
- Represented investment banking firms in connection with underwritten equity and debt offerings;
- Represented large Canadian energy companies and royalty trusts in connection with capital raising activities and hostile and friendly take-overs under the Multi-Jurisdictional Disclosure System.
Selected Representative Experience
Ultra 5.75 Percent Senior Notes due 2018 Offering
Successfully represented Ultra Petroleum Corp. (NYSE: "UPL"), an independent oil and natural gas company, in a private placement of $450 million aggregate principal amount of 5.75 percent Senior Notes due 2018.
2013 Series A Preferred Stock Offering
Successfully represented Callon Petroleum Company (NYSE: "CPE"), an independent oil and natural gas company, in an underwritten public offering of 1,578,948 shares of non-convertible 10 percent Series A Cumulative Preferred Stock with gross proceeds of approximately $75 million.
Represented Alta Mesa Holdings, LP in a $150 Million Note Offering
Successfully represented Alta Mesa Holdings, LP, a privately held company engaged primarily in onshore oil and natural gas acquisition, exploitation, exploration and production, in the private issuance of $150 million aggregate principal amount of 9.625 percent Senior Notes due 2018.
Represented Callon Petroleum Company in $78.3 Million Common Stock Offering
Represented Callon Petroleum Company in $78.3 million common stock offering.
Placement of Senior Notes
Represented Alta Mesa Holdings, L.P. in a $300 million placement of senior notes under Rule 144A and Regulation S.
Represented Alta Mesa Holdings, LP in Rule 144A Note Offering
Represented Alta Mesa Holdings, LP and Alta Mesa Finance Services Corp. in $300 million Rule 144A offering of 9.625 percent senior notes due 2018.
Represented Callon Petroleum Company in Exchange of Notes and Stocks
Represented Callon Petroleum Company in exchange of 9.75% senior notes due 2010 for 13% senior secured notes due 2016 and shares of common stock and convertible preferred stock.
$150 Million Secured Multiple Advance Term Loan Facility - Offshore Oil and Gas Field
Represented an independent oil and gas exploration and production company in the negotiation, documentation and closing of a $150 million secured multiple advance term loan facility from a joint interest owner to fund development costs for a major offshore oil and gas field, which credit facility was non-recourse to the company as to repayment of principal and interest.
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.
08/10/2009 - July Madness: In Maverick Case, the SEC Tosses an Air Ball
On July 17, 2009, sports enthusiast Mark Cuban won a significant victory when a federal trial court in Dallas dismissed the SEC’s insider trading charges against him.
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.
06/16/2006 - Stock Option Backdating--How Big Are The Problems And What Should You Do?
Recently, over 40 public companies have come under investigation by the SEC or the Justice Department for improperly backdating options, and it is likely that more public companies will come under investigation in the future. At issue is whether option grants to executives and others were backdated to coincide with dates when a company’s stock price was low, thereby increasing the potential profits realized by the holders of the options if and when exercised. Improper backdating may be intentional or a result of faulty corporate procedures. In either event, serious accounting, tax, and disclosure issues result.