Roy Schwartz
Biography
Roy Schwartz is an associate in the Energy, Power and Natural Resources Practice Group in the Houston office of Haynes Boone. His practice includes a broad variety of energy-related transactions, including crude oil, natural gas and renewable energy. Roy represents financial institutions and commodity trading companies in structured financings, derivatives transactions and other corporate matters.
Roy has represented clients in the negotiation of power purchase agreements, senior secured hedge facilities and prepaid commodities transactions. His recent representations include secured asset-based financings, long term oil and gas purchase and sale agreements, and a variety of other matters concerning gathering, transportation and marketing of crude oil, natural gas liquids and natural gas.
He is experienced in negotiating and documenting ISDA Master Agreements, Schedules and associated annexes and credit support documents for hedging and trading in commodities, including the negotiation of commodity hedge facilities in connection with reserve-backed securitizations and asset-based senior debt financing. Roy also negotiates credit support arrangements, security agreements and intercreditor agreements among borrowers, lenders and hedge providers.
Roy Schwartz is an associate in the Energy, Power and Natural Resources Practice Group in the Houston office of Haynes Boone. His practice includes a broad variety of energy-related transactions, including crude oil, natural gas and renewable energy. Roy represents financial institutions and commodity trading companies in structured financings, derivatives transactions and other corporate matters.
Roy has represented clients in the negotiation of power purchase agreements, senior secured hedge facilities and prepaid commodities transactions. His recent representations include secured asset-based financings, long term oil and gas purchase and sale agreements, and a variety of other matters concerning gathering, transportation and marketing of crude oil, natural gas liquids and natural gas.
He is experienced in negotiating and documenting ISDA Master Agreements, Schedules and associated annexes and credit support documents for hedging and trading in commodities, including the negotiation of commodity hedge facilities in connection with reserve-backed securitizations and asset-based senior debt financing. Roy also negotiates credit support arrangements, security agreements and intercreditor agreements among borrowers, lenders and hedge providers.
- Represented a financial institution as secured commodity hedge provider in connection with Raisa Energy LLC’s securitization of proved developed and producing non-operated assets for $636 million of gross proceeds collateralized by assets located across multiple states.
- Represented a trading affiliate of a financial institution as hedge coordinator and as initial secured commodity hedge provider in connection with a private issuer’s proved developed and producing working interest asset-backed securitization collateralized by producing assets located in the Piceance Basin.
- Represented a trading affiliate of a financial institution as secured commodity hedge provider in connection with Jonah Energy LLC’s $750 million proved developed and producing working interest asset-backed securitization collateralized by Wyoming producing assets.
- Represented a trading affiliate of a financial institution as secured commodity hedge provider in connection with Diversified Energy Company PLC & Oaktree Capital Management, L.P.’s $460 million joint ESG-aligned asset-backed securitization collateralized by certain co-owned producing assets located in Oklahoma.
- Represented trading affiliate of a financial institution as secured commodity hedge provider in connection with negotiation of a lien-based senior secured hedge facility and an intercreditor agreement.
- Represented commodities affiliate of a financial institution as gas supplier in a prepaid commodities transaction financed with gross proceeds from a municipal bond issuance.
Education
B.A., Columbia University in the City of New York, 2015
J.D., University of Houston Law Center, 2020, magna cum laude; Order of the Barons; Order of the Coif
Admissions
Texas
Kraig Grahmann, Michael Threet, Ellen Conley, and Roy Schwartz Author Practical Law Journal Article
April 28, 2022