(Prior results described on this website do not guarantee a similar outcome.)
Crude Oil Pipeline Transaction
GableGotwals represented a client in transactions involving a Texas crude oil pipeline and related assets owned by an entity in which the client has a 50% interest. The client bought from that entity a crude oil pipeline system in the Houston Gulf Coast area and also consented to the transfer of the other 50% interest in that entity to another owner in a transaction valued at over $1 billion.
$1.5 Billion Credit Agreement
The firm represented WPX Energy, Inc. in connection with the amendment and restatement of its $1.5 billion senior revolving credit facility, including letter of credit and swingline subfacilities and an accordion feature allowing for an increase of an additional $300 million.
$90 Million Acquisition of Producing Oil and Gas Properties
A Houston-based client was represented by GableGotwals in the purchase of producing oil and gas properties and undeveloped leasehold in Western Oklahoma.
Acquisition of $160 Million Properties
GableGotwals represented an Oklahoma-based client in the $160 million purchase of producing oil and gas properties and undeveloped leasehold in the Oklahoma and Texas panhandle region.
The Firm has advised and is currently advising a major university in connection with its investments in various startup ventures using technology licensed from the university.
$30 Million Real Estate Refinance
Represented a real estate developer in connection with the refinancing of an office park complex and buyout of the developer’s partner.
$200 Million Revolving Facility
GableGotwals represented the agent bank in the negotiation and documentation of a syndicated credit facility to Matrix Service Company, including swingline, letter of credit and Canadian sub-facilities. The credit facility was secured by collateral in multiple states and Canada.
$90 Million Export-Import Facility
Agent bank was represented by GableGotwals in the negotiation and documentation of a $90 million dollar revolving credit facility for a domestic manufacturer of industrial combustion and related equipment. The facility included a domestic facility secured by domestic receivables and an export facility secured by export-related receivables guaranteed by the Export-Import Bank of the United States.
Loan to MLP Executives
The Firm represented a lender in a series of multiple loans to MLP executives for the purpose of acquiring additional LLC units in the MLP’s general partner; representation has included documenting and perfecting the lender’s security interest in the general partner units.
Advised the lender in connection with a $6.4 million loan to a hotel developer for the acquisition and renovation of the Hyatt Place Hotel.
Loan to Oil and Gas Producer
Represented the lender in connection with a term and revolving loan to a private exploration and production company in the aggregate about of approximately $40,000,000. The loan partially funded the acquisition of Exploration and Pipeline properties in Kansas and Oklahoma; negotiated and documented the facility (including preparing and filing oil and gas mortgages in multiple counties in Oklahoma and Kansas).
Syndicated Energy Facility
GableGotwals advised the successor agent bank in connection with a $115,000,000 syndicated credit facility to a privately held midstream energy company.
Revolving Credit Facilities to Energy Company
The lender was advised by GableGotwals on two revolving credit facilities in an aggregate amount of $7,000,000 to a privately held energy services company secured by real property and related assets in Kansas.
Subscription Escrow Agreement
The Firm represented a bank who agreed to establish escrow accounts and act as escrow agent for an investment firm and its issuer clients in support of securities offerings throughout the country.
Equipment Lending Document System
Assisted a bank client in establishing a loan document system designed to generate loan document sets for the bank client’s heavy equipment and aircraft lending group.
Mid-Con Energy Partners, LP IPO
The Firm represented Mid-Con Energy Partners, LP in the registration of its limited partnership units with the Securities and Exchange Commission and listing on the NASDAQ Global Market. The Firm led the successful initial public offering of 5,400,000 units and the exercise in full of the underwriters’ over-allotment option to
$100 Million Oil and Gas Facility
GableGotwals represented an oil and gas company borrower in the negotiation and closing of a $100 million credit facility secured by oil and gas properties in other states.
$1.2 Billion Revolving Credit Facility – ONEOK Partners, L.P.
The Firm represented ONEOK Partners, L.P. in the negotiation and documentation of its new $1.2 billion unsecured revolving credit facility extended by a group of lenders.
Acquisition of Processing Plant
GableGotwals represented a client in the purchase of assets comprising a significant part of a fractionation facility in Kansas, along with related equipment. The purchase price was $84 million.
$1.2 Billion Revolving Credit Facility – ONEOK, Inc.
GableGotwals represented ONEOK, Inc. in the negotiation and documentation of its new $1.2 billion unsecured revolving credit facility extended by a group of lenders.
$1.3 Billion Public Offering
GableGotwals represented an energy company in connection the issuance of $650 million of 30-year senior notes and $650 million of 5-year senior notes.
$20 Million Sale of Drilling Rigs
The Firm represented the seller in the purchase and sale of $20 million of drilling rigs and the related financing.
$13.1 Million Term and Revolving Loan Facility
GableGotwals represented the lender in the negotiation and documentation of a $13.1 million term and revolving loan facility to a local oil and gas producer.
$14.5 Million Term Loan Facility
GableGotwals represented the lender in the negotiation and documentation of an $14.5 million term loan facility to an oil and gas producer.
Workout and Restructure of $90 Million Senior Credit Facility
GableGotwals represented the agent bank in connection with the workout and restructure of $90,000,000 syndicated senior credit facility consisting of a domestic term and revolving loans, an export-related revolving credit facility, and conduit bond issuance by a governmental development authority; restructure included the negotiation of a new senior credit facility, the sale of a controlling interest in the borrower to a newly-formed holding company owned by private equity investors, and issuance of subordinated notes to mezzanine lenders.
$180 million tax-exempt hospital bond issue.
GableGotwals acted as special borrower’s counsel for a hospital system’s issuance of approximately $180 million of tax-exempt bonds to finance the acquisition of a hospital facility.
Native American Gaming Loans
The Firm is currently advising one of its banking clients in connection with the creation of the client’s Native American gaming loan portfolio, including representing the client in multiple loans to various tribal gaming agencies and tribal gaming entities to be used for general working capital and/or capital expenditures and secured by a pledge of all revenues generated by tribal gaming facilities.
$31.6 Million Construction Loan for Hotel Renovation
GableGotwals represented the lender in a $31.6 million construction loan to a hotel development group to refurbish the historic St. Anthony Hotel in San Antonio, Texas; the project also involved the use of historic tax credits.
Purchase of Home Healthcare Business
The Firm represented a family group in negotiating the purchase of a home healthcare business.
Professional Services Agreements
The Firm represented a major global executive search firm in negotiating professional services agreements with various Fortune 500 companies, public and private universities, US and foreign governmental agencies and non-profit organizations.
$4.6 Million Acquisition
GableGotwals represented the purchaser in a $4.6 million acquisition of real estate, equipment and other assets of a manufacturing business.
$12 Million Construction Loan for Renovation of Tulsa City Hall
GableGotwals represented the lender in an approximately $12 million construction loan to be used in connection with historic rehabilitation tax credits to renovate and refurbish Tulsa’s Old City Hall for use as a hotel.
Sale of Family of Lumber Companies to Private Equity Group
The Firm advised stockholders and management of a group of privately held lumber wholesale businesses in a recapitalization whereby a private equity firm acquired substantially all of the sellers’ assets for consideration consisting of cash purchase price and phantom equity rights for management.
$125 Million Revolving Credit Facility
The Firm represented the agent bank and a group of lenders in the negotiation and closing of a $125 million credit facility secured by assets in various states and in Canada, which included a foreign currency subfacility.
Loan for Purchase of Aircraft
The Firm represented a lender who financed the purchase of an aircraft and related equipment.
$18 Million Term and Revolving Loan Facility
GableGotwals represented the lender in the negotiation and documentation of an $18 million term and revolving loan facility to a local publicly-traded borrower.
Loan to Tribal-Related Entity
The Firm represented the lender to a tribal-related entity in the negotiation and documentation of a loan used to pay off existing debt.
GableGotwals represented a group of companies that sold all their assets associated with a wholesale lumber operation, with locations in several states.
Domestic and Export-Related Loan Facility
GableGotwals represented the agent bank and a group of lenders in the negotiation and documentation of a $20 million domestic revolving credit facility and a $25 million export-related revolving credit facility guaranteed in part by the Export-Import Bank of the United States.
$1.2 Billion Commercial Paper Program
The firm represented a master limited partnership in connection with the expansion of its commercial paper program from $1.0 billion to $1.2 billion
Shelf Registration Statement
GableGotwals advised an energy company in connection with filing of an automatic shelf registration statement.
Public Offering in Excess of $320 Million
The Firm represented a master limited partnership in connection with the public sale of approximately 5.5 common unit representing limited partner interests which resulted in proceeds of approximately $322.6 million.
$30 Million Tax-Exempt Educational Bond Financing
The firm represented an educational institution in connection with the issuance of $30 million of tax-exempt bonds.
$140 Million Tax-Exempt Health Care Bond Financing
The Firm is assisting a health care institution in the development of a tax-exempt bond financing.
Health Care Transactions
The Firm assisted several medical groups in the formation of new medical ventures.
$10 Million and $8 Million Professional Services Agreements
The firm represented a major international executive search firm in negotiating a $10 million master services agreement with a Fortune 50 technology company and an $8 million master services agreement with a Fortune 50 global bank, as well as a number of other professional services agreements with various companies, government entities and non-profit organizations.
$13.3 Million Construction Loan
GableGotwals represented the lender in a $13.3 million loan transaction that enabled the borrower to construct a 228-unit apartment complex.
$400 Million Credit Facility
GableGotwals represented an energy company in acquiring a $400 million 364-day revolving credit facility for working capital, mergers and acquisitions, refinancing of indebtedness and other general corporate purposes.
$7 Million Loan to Native American Entity
GableGotwals represented the lender in a $7 million loan to finance the purchase of equipment for a new gaming site in Oklahoma.
$23.5 Million Credit Facility for Renovation of the Mayo Hotel
GableGotwals represented the lender in a $23.5 million loan transaction that enabled the borrower to renovate the historic Mayo Hotel in downtown Tulsa, Oklahoma. The project also relied substantially on historic rehabilitation tax credits.
$600 Million Public Offering of Senior Notes
A publicly traded master limited partnership issued $600 million of 30-year senior notes under the partnership’s existing shelf registration statement previously filed with the Securities and Exchange Commission. GableGotwals represented the company in the transaction.
Restructuring of $40 Million Credit Facility
GableGotwals represented the lender in the restructuring of two credit facilities to enhance sales of the company's goods to foreign customers and for general working capital needs. Each of the two credit facilities totaled $20 million.
$30 Million Loan to Native American Entity
GableGotwals represented a national bank that provided a $30 million loan to a Native American tribe to be used in the construction of a new casino.
Litigation Case Results
Summary Judgment for Major Oil Company
On claim challenging validity of lease and seeking recovery of over $2 million in oil and gas proceeds, and successfully defended summary judgment on appeal.
Obtained Judgment in Federal District Court
Ordering conveyance of overriding royalty on several thousand valuable mineral acres under disputed contract terms, and successfully defended judgment on appeal to Tenth Circuit Court of Appeals.
Class Certification and Liability Judgment in Mass-Flooding Litigation
Represented class of landowners and municipalities in action against state entity for mass-flooding, obtaining class certification and liability judgment following trial. Case settled in excess of $10 million.
Victory for Disability Insurance Company
Represented disability insurance company before the Tenth Circuit Court of Appeals and obtained favorable judgment for client regarding whether the insured was entitled to disability benefits due to alleged back pain, fibromyalgia and depression.
Tenth Circuit Court of Appeals Affirms Multi-Million Dollar Breach of Contract Judgment
After obtaining a $22.65 million judgment for the Firm’s client for a counterparty’s breach of a major gas asset purchase agreement, also obtained an award of interest and attorneys’ fees ultimately resulting in the client recovering nearly $30 million.
Royalty Owner Class Certification Denied
Obtained the first denial of a class certification motion on behalf of royalty owners in federal district court in Oklahoma City in almost 13 years. Subsequent decisions in the district followed suit.
North Dakota Court Persuaded to Refuse to Certify Class Action
Successful in persuading North Dakota court to refuse to certify a class action urged by a plaintiff on behalf of royalty owners in a large production unit in North Dakota.
Obtained Reversal of District Court’s Order to Certify Royalty Owners as a Class
Successful in convincing the Oklahoma Court of Civil Appeals to reverse a district court’s order certifying a class of royalty owners applying the de novo standard of review.
Billion Dollar Affirmative Injunctive Relief
Pursued and successfully obtained injunctive relief worth approximately $1 billion requiring affirmative assignment of oil and gas properties to rightful owner and successfully defended appeal of trial court decision to the Tenth Circuit Court of Appeals.
Obtained Victory for Life Insurance Company
Represented life insurance company before the Tenth Circuit Court of Appeals and obtained favorable judgment for client regarding whether the deceased’s beneficiaries were entitled to accidental death benefits after an overdose of prescription drugs.
Complaint to trial in less than 60 days
With a prompt adjudication on the merits crucial to the development of a $250 million wind farm project, the Firm persuaded a federal court to set a merits trial less than two months after the case was filed. At trial, the court found that in this instance, the proposed wind farm would not interfere with the plaintiff's reasonable use of the surface estate to explore and develop its mineral interest and defeated the plaintiff's request for a permanent injunction.
Multi-Million Dollar Medical Malpractice Judgment
Obtained multi-million medical malpractice judgment in action tried to state court jury and affirmed by appellate court on appeal.
Judgment Involving Properties Valued in Excess of $100 Million
In complex preferential rights action involving property valued in excess of $100 million, obtained judgment for client and successfully defended judgment in Tenth Circuit Court of Appeals.
Representation of Interstate Pipeline in Royalty Owner Class Action
Class plaintiffs sought more than $1.4 billion in damages. Successful motion practice on behalf of defendant substantially reduced exposure, and, following a multi-week trial, client was able to settle for a fraction of the damages sought.
Affirmance by State Appellate Court of $742 Million Verdict
In breach of merger agreement between energy companies, obtained $742 million verdict and affirmance of same on appeal to state appellate court.
Successful Trial Court and Appellate Representation Against MMS
Successfully handled trial court and subsequent appeal in matter involving Mineral Management Services, obtaining a favorable en banc decision for client in Circuit Court of Appeals.
Obtained Plaintiffs’ Verdict in Excess of $100 Million
Successfully brought class action against utility company, obtaining trial verdict in excess of $100 million and successfully handled appeal which was affirmed by Arkansas Supreme Court.
Property Judgment Involving in Excess of $65 Million in Properties
Obtained favorable trial court decision in verdict tried to jury in action involving complex contract action in Texas litigation involving claims valued in excess of $65 million.
Multi-Million Dollar Verdict in Complex Commercial Litigation
In complex commercial lawsuit obtained multi-million dollar verdict in addition to declaratory relief valued at hundreds of millions of dollars, including successful defense of same on appeal.
Multi-Million Dollar Plaintiffs Verdict
Three month trial of ground breaking private relator qui tam action under the False Claims Act. Case was settled after favorable jury verdict, but before statutory penalties were imposed by the Court.
MDL Class Action Antitrust Litigation
Obtained summary judgment for Fortune 500 company in multi-district class action antitrust litigation.
Summary Judgment at Trial Court
Obtained summary judgment for third party defendant in a class action involving indemnification claims exceeding $100 million.
Obtained Dismissal (Forum Non Conveniens) and Appellate Affirmance
In an action involving foreign litigants, obtained favorable trial court decision dismissing client based on forum non conveniens which dismissal was upheld by the Tenth Circuit Court of Appeals.
Successful Appellate Representation
Represented insurer in action before Tenth Circuit Court of Appeals and obtained reversal of trial court with instruction for district court to enter judgment in favor of defendant on bad faith claims.
Summary Judgment at Trial Court
In action representing employer, obtained summary judgment in favor of client/employer in claim involving sexual harassment and retaliation in violation of Title VII.
Obtained Summary Judgment for Employer
In action by Plaintiff alleging age discrimination and related employment claims obtained favorable trial court rulings.