Chad S. McCormick | White & Case LLP International Law Firm, Global Law Practice
Chad McCormick
Chad McCormick

Chad S. McCormick

Partner, Houston

T +1 713 496 9727

E [email protected]

Overview

Chad S. McCormick is a tax partner in White & Case's M&A practice, based in Houston, Texas. Chad advises clients on tax-efficient structures for domestic and cross-border mergers, acquisitions, and separations. He also advises clients on tax aspects of capital markets transactions, financing arrangements and matters regarding S-corporations, partnerships, and other pass-through entities. Chad has extensive experience in the energy and oil & gas sector, having advised oil & gas companies, oil & gas project investors and private equity and venture capital firms on multimillion and multibillion-dollar deals, arrangements, funds and other matters.

Bars and Courts

  • Texas State Bar

Education

  • JD, University of Montana School of Law
  • LLM, Taxation, University of Florida, Fredric G. Levin College of Law
  • BA, Montana State University

Languages

  • English

Experience

Recent experience prior to joining White & Case include the representation of:

KKR/Venado Oil & Gas, LLC in its US$765 million acquisition of Cabot Oil & Gas Corporation's (NYSE: COG) developed and undeveloped oil and gas assets in the Eagle Ford Shale.

Alberta Investment Management Company in its commitment to fund, along with a syndicate of financial sponsors, Howard Midstream Energy Partners LLC's strategic partnership with WPX Energy (NYSE:WPX) to develop crude oil and natural gas gathering and processing infrastructure in the Delaware Basin.

Sable Permian Resources (formerly known as Permian Resources), a privately held exploration and production company backed by The Energy & Minerals Group, OnyxPoint Global Management, Sable Management, First Reserve and other investors, in connection with a recapitalization transaction that included an equity capital raise of approximately US$750 million, an optional equity purchase amount of approximately US$350 million, a debt for equity exchange of approximately US$325 million of secured and unsecured indebtedness and a debt for equity exchange of approximately US$250 million of junior subordinated notes.

Pine Brook on its co-led US$600 million line of equity investment in Admiral Permian Resources, LLC with Riverstone Holdings.

KKR in the preferred financing of Covey Park Energy LLC's US$465 million acquisition of assets in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies.

Blackstone Energy Partners and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation's working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately US$2.3 billion.

Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, in its US$1.24 billion acquisition of operated and non-operated upstream assets and operated had S. McCormick, P.C. midstream assets in the Marcellus Shale of north-central Pennsylvania from Anadarko Petroleum Corp.

Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, in its US$207 million acquisition of oil and gas assets in the Marcellus Shale of north-central Pennsylvania from Mitsui E&P USA LLC.

Indigo Haynesville on its agreement to purchase from Chesapeake Energy Corp. a portion of its acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximately US$450 million and associated placement of second lien and equity financing with a syndicate of private equity firms.

Alberta Investment Management Corporation on its agreement to acquire, on behalf of certain of its clients, an ownership stake in Howard Energy Partners from EnLink Midstream Partners, LP.

Awards & Recognition

Recognized as a Texas Super Lawyer-Rising Star, Thomson Reuters, 2014-2015