Mr. Maddrey concentrates in international corporate and financial transactions, particularly those involving sovereign representation, the oil and gas sector and international debt rescheduling. Mr. Maddrey is the head of the Firm's global Oil and Gas Group and previously served as the head of the Firm's Sovereign Practice Group.

His experience representing sovereign countries and state-owned entities has involved the rescheduling of official and commercial debt (including "Brady Plan" reschedulings), financing transactions and infrastructure projects on behalf of the governments of Bulgaria, Costa Rica, Croatia, Honduras, Indonesia, Nigeria, Panama, Peru, Poland, South Africa, Suriname, Turkey and Vietnam. He also assisted creditor's committees with respect to the rescheduling of the sovereign debt of Belize and Grenada.

Mr. Maddrey has been active in privatizations, infrastructure projects and international project financings in the oil and gas, telecommunications, power, water and transportation industries on behalf of buyers, sellers, lenders, sovereign governments, state-owned companies and project developers. This work has included transactions involving strategic stake sales, public offerings, concession arrangements and public-private partnerships.

Mr. Maddrey has represented state-owned and international companies in oil and gas transactions throughout the world, including the Saudi Arabian Oil Company (Saudi Aramco), Hess Corporation, Occidental Petroleum, Qatar Petroleum and Pertamina (the Indonesian national oil company).

Representative transactions in which he has been actively involved include the following: 

• Representation of Saudi Aramco with respect to the development of two grassroot export refineries, each with a capacity of 400,000 barrels per day (BPD), to be located in Yanbu, Saudi Arabia and Jubail, Saudi Arabia; 
• Representation of the Saudi Arabian Ministry of Petroleum with respect to upstream concession arrangements relating to the Neutral Zone area shared between Saudi Arabia and Kuwait; 
• Representation of Occidental Petroleum and Qatar Petroleum in connection with the potential development of a grassroots oil refinery; 
• Representation of Hess Corporation with respect to the creation of a joint venture with Petroleos de Venezuela, S.A. (PDVSA) to own and operate a crude oil refinery in St. Croix, US Virgin Islands; 
• Representation of the Saudi Arabian Ministry of Petroleum and Saudi Aramco with respect to a series of upstream gas development projects, including an Upstream Gas Offering Bid Round concluded in 2004 and the creation of four separate upstream gas companies involving affiliates of Saudi Aramco, Shell, Total, Sinopec, Lukoil, Eni and Repsol; 
• Assistance to Saudi Aramco with respect to the Fujian petrochemical project in China and a planned integrated petrochemical project to be located at Ras Tanura, Saudi Arabia; 
• Representation of Pertamina with respect to the construction and financing of the US$970 million "Train G" and the US$1.2 billion "Train H" natural gas liquefication and processing facilities in Bontang, Indonesia. These projects included gas supply agreements between Pertamina and various production-sharing contractors; LNG sales and purchase agreements with purchasers based in Japan, South Korea and Taiwan; and loan agreements providing for limited recourse financing provided by the Japan Ex-Im Bank, the Bank of Taiwan and syndicates of commercial banks; 
• Representation of Pertamina with respect to the construction and financing of a debottlenecking project at Pertamina's refinery located at Cilacap, Central Java. This project included a product sales and purchase agreement with Shell International Eastern Trading Company of Singapore (a member of the Shell Group of Companies) and loan agreements providing for US$633 million in limited recourse financing provided by the US Ex-Im Bank and a syndicate of commercial banks; 
• Representation of Saudi Aramco with respect to the establishment of refining/marketing joint venture arrangements with Shell and Texaco in the United States (1998), Petron Corporation in the Philippines (1994), Ssangyong Oil Corporation in South Korea (1991) and Texaco in the United States (1988); 
• Representation of Saudi Aramco with respect to the acquisition from Texaco of interests in Motiva Enterprises LLC; and 
• Representation of the lead managers in connection with the initial public offering of shares of Petron Corporation of the Philippines.

In addition, Mr. Maddrey has extensive experience representing both lenders and borrowers in connection with the restructuring of debt owed by private sector borrowers based in Latin America and Asia. This work has included: 

• Representation of US Ex-Im Bank in connection with the rescheduling of approximately US$3.2 billion in debt owed by Thai Petrochemical Industry pcl; 
• Representation of US Ex-Im Bank in connection with the rescheduling of debt owed by Pilipino Telephone Corporation; 
• Representation of Banco de Galicia y Buenos Aires, S.A. in connection with restructuring of commercial bank and trade debt owed to various creditors; 
• Representation of The Bank of New York and an informal committee of bondholders in connection with the rescheduling of approximately US$300 million in debt owed by Central Termica Guemes S.A. of Argentina; and 
• Representation of The Bank of New York and an informal committee of bondholders in connection with the rescheduling of approximately US$4 billion in debt owed by Guangdong Enterprises of China.

Mr. Maddrey also has experience representing clients in the telecommunications industry. Selected representative transactions include: 

• Representation of US Ex-Im Bank with respect to the financing of two satellites owned and operated by Measat Satellite Systems SDN BHD of Malaysia; 
• Representation of US Ex-Im Bank with respect to financing of the iPSTAR Satellite operated by Shin Satellite Corporation of Thailand; and 
• Representation of the government of South Africa with respect to the strategic stake sale of a 30 percent interest in Telkom S.A.

From 1993 through 1996, Mr. Maddrey served as the Executive Partner in charge of the White & Case office in Jakarta, Indonesia, and remains active in matters relating to Indonesia and Southeast Asia. Among the transactions handled by Mr. Maddrey while based in Jakarta are the representation of: Bank Indonesia with respect to Indonesia's inaugural "Yankee Bond" issue in 1996; Pertamina with respect to refinery and LNG facility projects; P.T. Garuda Indonesia (the state airline) in connection with aircraft lease arrangements; and the Ministry of Finance and P.T. PLN (the state electricity company) regarding the financing of private power projects. This work also regularly involved review and negotiation of joint venture arrangements, build-operate-transfer (BOT) agreements and similar contracts involving state-owned companies and private contractors in a broad range of industrial sectors, including steel, oil and gas, shipbuilding and mining.