Bracewell has assembled a dedicated, multidisciplinary task force that draws on the firm's deep experience across all practice areas and industries to provide practical, strategic advice to clients facing even more difficult decisions as this global crisis unfolds.
Bracewell LLP is a leading law and government relations firm. Our knowledge of the commercial, legal and governmental challenges faced by clients across industries enables us to provide innovative solutions to facilitate transactions and resolve disputes.
Under the agreement, certain subsidiaries of McDermott had access to up to $1.7 billion of additional financing, including letter of credit capacity. In addition, McDermott had access to $650 million of financing comprised of $550 million under a term loan facility and $100 million under a letter of credit facility.
Phillips 66 has the option to increase the amount of the facility by up to an additional $1 billion, subject to, among other things, the reduction of Mizuho’s initial funded amount and additional lenders providing additional commitments and loans.
Danielle Garbien, a leading lawyer in the renewable energy finance and transactional space, has joined the firm’s power practice as a partner in the New York office, strengthening the firm’s capabilities in addressing the growing renewable energy market.
“Bracewell as a firm, in my opinion, can’t be beat. They combine a powerful bench with wonderful client service and attention to detail. I trust that when working with their attorneys, I get sound legal advice quickly from people who are invested in my company’s success.”
Chambers USA, 2019
Did You Know?
Bracewell individual recommendations by The Legal 500 United States for 2019
Bracewell individual rankings by Chambers USA in 2019
Bracewell individual rankings by Chambers Global in 2020