C. Timothy Fenn
Partner
Houston
tim.fenn@lw.com
+1.713.546.7432
PRACTICES
- Master Limited Partnerships
- Tax
- Tax Controversy
- Transactional Tax
INDUSTRIES
- Energy & Infrastructure
- REITs
EDUCATION
- JD, Georgetown University Law Center, 1996
magna cum laude - BBA, Baylor University, 1992
summa cum laude
LANGUAGES SPOKEN
PROFILE
Tim Fenn, former Office Managing Partner in the Houston office and former Chair of the Houston Tax Department, advises clients on business taxation as it applies to partnerships and corporations. He represents energy and infrastructure clients, including upstream, midstream, and downstream oil and gas companies, master limited partnerships (MLPs), oilfield services companies and infrastructure funds, as well as corporations, private equity firms, investment banks, partnerships, and individuals on tax-related issues involving mergers, acquisitions, restructurings, capital market transactions, and carbon capture.
Tim has served as tax counsel to over 75 issuers and underwriters in initial public offerings of equity securities of MLPs. Tim is a frequent speaker at investment banking conferences and energy industry symposiums.
In addition to representing clients in connection with transactional matters, Tim has successfully represented clients before the Internal Revenue Service and federal courts. Tim spent several years as an investment banker with Goldman Sachs & Co. where he was part of the natural resources group.
EXPERIENCE
Tim offered tax advice with respect to the following M&A transactions:
- Chesapeake Energy Corporation – merger with Southwestern Energy
- Global Infrastructure Partners – pending sale of its controlling interest in EnLink Midstream to ONEOK
- Equitrans Midstream – merger with EQT Corp
- Enagas – sale of its interests in Tallgrass Energy
- Occidental Petroleum – acquisition of CrownRock
- Enerplus Corporation – merger with Chord Energy
- Centerpoint Energy – sale of its Louisiana and Mississippi LDCs
- Magellan Midstream Partners – merger with ONEOK
- Occidental Petroleum – acquisition of Carbon Engineering
- QEP Resources – merger with Diamondback Energy, Inc.
- Sasol Limited – sale of a 50% stake in Lake Charles Chemical Plant to form a joint venture with LyondellBasell
- Energy Transfer – acquisition of SemGroup Corporation
- UGI Corporation – acquisition of remaining 74% stake in AmeriGas
- Energy Transfer Equity – acquisition of Energy Transfer Partners
- Ensco plc – acquisition of Atwood Oceanics Inc.
- Rice Midstream Partners – merger with EQT Midstream Partners
- Clayton Williams Energy, Inc. – acquisition by Noble Energy, Inc.
Tim offered tax structuring advice related to the following initial public offerings:
- Tamboran Resources Corporation
- BKV Corporation (underwriters)
- TXO Partners, L.P.
- ProPetro Holding Corp.
- Smart Sand Inc.
- Antero Midstream GP LP
- PennTex Midstream Partners, LP
- CONE Midstream Partners LP
- Emerge Energy Services LP
- Phillips 66 Partners LP
- MPLX LP