Short summaries of case studies are listed below. Clicking on the case study title will provide a more detailed description.
Guggenheim Investment Management, a private equity firm with more than $10 billion in investments across a diverse group of industries, including more than $1.5 billion in energy-related investments.
Milagro Exploration, LLC, is a privately held energy exploration and production company formed in 2005 by former senior managers of Mission Resources, Inc., after selling that company to publicly traded Petrohawk Energy Corporation. In June of 2007, Petrohawk decided to divest a number of Gulf Coast natural gas producing properties that were part of the Mission Resources acquisition, and because the management of Milagro was familiar with them the company sought to bid on the properties. However, Milagro’s asset base was $40 million compared to the more than $800 million that would be required to make the purchase. Haynes and Boone lawyers worked on structuring a financial package that eventually involved 11 commercial lenders on the senior credit facility alone, as well as a number of private investment funds in other parts of the financing. >>