Benjamin R. Wills

Significant transactional representations (in addition to general day-to-day corporate and securities compliance representations) include:

• Representation of a refined products MLP in connection with its $860 million acquisition of condensate splitters and a high-volume marine crude terminal in South Texas and crude gathering facilities in the Eagle Ford shale play, including the negotiation of numerous long-term tolling, storage, throughput and dock services agreements.
• Representation of Pearson plc in the formation of the Penguin Random House joint venture, resulting in the largest English language publisher in the world.
• Representation of a terminalling and storage company in its $850 million acquisition of 20 liquids storage marine terminals, including the negotiation of long-term storage and throughput agreements.
• Representation of Braskem Americas Inc. in its acquisition of propylene splitters and related assets at the Marcus Hook refinery from Sunoco Inc., including the negotiation of tolling and offtake agreements.
• Representation of a midstream energy company in its $170 million acquisition of over thirty petroleum products terminals and associated pipelines and two propane storage caverns, including the negotiation of storage throughput and terminalling agreements.
• Representation of a Mid-Atlantic financial services holding company in the public offering of $345 million of common stock, $50 million of trust preferred securities and the private offering of $300 million of preferred securities in the TARP program, as well as in numerous acquisitions aggregating over $1 billion in purchase price.
• Representation of an energy marketing company in its $50 million sale of a propane and butane terminal.