Richards, Layton & Finger Among Award Winners for Energy Deal of the Year

November 17, 2023

Firm News| Bankruptcy & Corporate Restructuring

Richards, Layton & Finger was named among the M&A Advisor Award winners in the Energy Deal of the Year (Over $100mm) category for the sale of Ruby Pipeline LLC to Tallgrass Energy Partners. We served as co-counsel to debtor Ruby Pipeline, which owned and facilitated the operation of a 683-mile-long natural gas pipeline between Wyoming and Oregon. The bankruptcy court approved the debtor’s chapter 11 plan that included a sale of the debtor’s assets to Tallgrass Energy LP for $282 million, ensuring that the unsecured notes were paid in full and all unsecured creditors were paid or satisfied in full. The Richards, Layton & Finger attorneys involved in the matter were Daniel DeFranceschi, John Knight, Brendan Schlauch, Cory Kandestin, David Queroli, and Kevin Gross.

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