Bill Byrd, President of RCP gave a lively presentation at the recent Energy Breakfast hosted by the law firm Locke Liddell & Sap. Mr. Byrd, along with Bill Swanstrom, Co-head of LLS’ Energy Practice Group, focused on the regulatory compliance due diligence process in a typical midstream acquisition, and shared a few war stories about the types of issues that come up, how to structure around them, and what can happen if you don’t discover or deal with those issues.
Highlights of the presentation included:
- The Importance of Due Diligence
- How good deals go wrong…What to Do, Data Issues, Applicability, Compliance and Duration
- Post Diligence Considerations…Contractual Protections, Representation, Terminations
- Indemnities…Scope, Thresholds, Caps and Duration
For information regarding RCP’s acquisition and due diligence services contact Laura Wager at lwager@your-rcp.com.