Toby Chun

Simpson Thacher is representing Depot Connect International (“DCI”) with its definitive agreement to sell the tank truck assets of Linden Bulk Transportation ("LBT”) for an undisclosed amount.~~LBT is a tank truck carrier company that specializes in hauling petroleum products, chemicals, and other bulk hazardous materials.~~The Simpson Thacher team includes Shamus Crosby, Ana Sanchez, Sunny Perkins, and Jacob Bryant (M&A); Nancy Mehlman, Jasmine Hay, and Emma Wang (Tax); Krista McManus (Real Estate); Toby Chun and Michael Isby (Environmental); David Rubinsky, Meredith Brenton, and Matias Botto (ECEB); and Lori Lesser, Marisa Geiger, and Christine Song (Intellectual Property).

Aug 21

1 min

Simpson Thacher is representing the initial purchasers in connection with the offering of $1.85 billion aggregate principal amount of senior notes by Whistler Pipeline LLC (“Whistler”).  Whistler intends to use the net proceeds from the notes offering to redeem or repay substantially all of its outstanding indebtedness, with any remaining amount to be used for general corporate purposes, including the funding of future growth capital.~~Whistler owns the Whistler Pipeline (the “Pipeline”), which is an approximately 450-mile, 42-inch intrastate natural gas pipeline with approximately 2.5 billion cubic feet per day of capacity that transports natural gas from the Permian Basin to a terminus near Agua Dulce, Texas, providing direct access to South Texas markets and consumers. The Pipeline also has an approximately 85-mile, 36-inch diameter lateral to the Midland Basin. Whistler also owns a 50% membership interest in Waha Gas Storage, LLC, and an indirect 70% interest in the ADCC Pipeline, LLC, an approximately 40-mile, 42-inch intrastate pipeline that is designed to transport up to 1.7 Bcf/d, expandable to 2.5 Bcf/d of natural gas from the terminus of the Pipeline in Agua Dulce, Texas to Cheniere Corpus Christi Holdings, LLC’s Corpus Christi liquefaction facility. Whistler is a joint venture indirectly owned by WhiteWater Whistler Holdings, LLC, MPLX LP, and Enbridge, Inc.~~The Simpson Thacher team included Brian Rosenzweig, Maggie Selbe, Suzannah Ranzo, Adam Danciu and Julie Ledermann (Capital Markets); Michael Mann and Michael Leitner (Tax); Toby Chun and Noreen Lavan (Environmental); Paige Brinton (Intellectual Property); Pasco Struhs (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA).

Jul 25

1 min

Simpson Thacher represented Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC in connection with the registered follow-on offering of 4,887,500 shares of common stock by Aspen Aerogels, Inc. (“Aspen”), which includes the exercise in full of the underwriters’ option to purchase additional shares. The offering raised approximately $97.8 million in gross proceeds.~~Aspen intends to use the net proceeds from the offering for working capital, capital expenditures and general corporate purposes.~~Aspen is an aerogel technology company that designs, develops and manufactures innovative, high-performance aerogel materials used primarily in the energy industrial, sustainable insulation materials and electric vehicle markets.~~The Simpson Thacher team included Roxane Reardon, Dave Azarkh, Traci Biedermann, J. Carr Gamble and Louise Choi (Capital Markets); Michael Mann and Mohanad Salaimi (Tax); Pasco Struhs (Executive Compensation and Employee Benefits); Andrew Pagliughi (FINRA & Blue Sky); Toby Chun and Tim Mulvihill (Environmental); and Chandler Gerard-Reimer (Intellectual Property).

Oct 24

1 min

Simpson Thacher represented affiliates of KKR in connection with their significant minority investment in Quick Quack Car Wash (“Quick Quack”). The new investment will support the continued acceleration of Quick Quack’s growth through innovation, marketing and organic expansion in new and existing markets. Terms of the transaction were not disclosed.~~Founded in 2004, Quick Quack is one of the largest and fastest growing express format car wash operators in the U.S., with over 230 locations across California, Texas, Arizona, Utah, and Colorado.~~The Simpson Thacher team includes Ravi Purushotham, Jack Nalen and Dan Kim (M&A); Marcy Geller, Bill Smolinski and Lina Pan (Tax); Jeannine McSweeney, Gary Tashjian and Josh Stephens (Executive Compensation & Employee Benefits); Krista McManus (Real Estate); Marisa Geiger, Nicholas Westbrook, Bobbie Burrows and Chandler Gerard-Reimer (Intellectual Property); Toby Chun and Noreen Lavan (Environmental); and Ryan Bekkerus, Evan Zuckerman and Christina Park (Capital Markets).

Dec 6

1 min

Simpson Thacher & Bartlett LLP today announced that Carleigh Rodriguez has joined the Firm’s Washington, D.C. office as Co-Head of the Environmental Practice.~~“Environmental review is an important aspect of nearly all corporate deals and Carleigh’s addition will enable us to meet the growing demand from clients across our world-class transactional platform,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee. “We’re excited to welcome her to the Firm.”~~Carleigh advises clients on environmental law issues arising in the full array of commercial transactions, including mergers, acquisitions, divestitures, securities and financing transactions, bankruptcies and restructurings, among others. Recognized by The Legal 500 U.S. as a leading lawyer in Environment: Transactional, her work extends across a broad range of industries, from real estate, technology and commercial, to energy, infrastructure, waste, chemicals, manufacturing and other industrials. Prior to Carleigh’s career in law, she spent several years advising on federal and state coastal and ocean management and policy matters with the U.S. Department of Commerce’s National Oceanic and Atmospheric Administration. She joins the Firm from Kirkland & Ellis LLP.~~“Simpson Thacher’s M&A Practice is second-to-none because of our ability to develop strategies and solutions that get deals across the finish line,” said Eric Swedenburg, Simpson Thacher’s Head of M&A. “Carleigh is known for being creative and for providing commercial, practical advice in response to the multitude of environmental issues arising in highly complex transactional matters, and she will be an asset to clients.”~~“I have worked with Carleigh before for many years—she’s incredibly accomplished and pragmatic, and she brings a wealth of experience that will help clients navigate the full spectrum of environmental matters,” said Toby Chun, Co-Head of Simpson Thacher’s Environmental Practice. “She is a fantastic addition to our team.”~~Simpson Thacher’s Environmental Practice provides best-in-class advice to a broad range of clients (from mergers and acquisitions to capital markets to banking and credit to real estate) on the complex environmental issues that arise in a wide variety of commercial transactions. The team takes pride in working with Simpson Thacher’s sophisticated client base to accomplish their objectives on high-profile transactions spanning a diversity of industries and businesses. Simpson Thacher’s Environmental team is recognized by Chambers, The Legal 500 and many others.~~For more information, please click here.

Mar 17

2 min