Jackson Walker partner Stephanie Chandler
was quoted in an August 29, 2013, Law360
article on the current state of gas–heavy Master Limited Partnerships (or MLPs) and the strategic drivers behind any MLPs considering a buyback.
The article, "Natural Gas Glut Takes The Shine Off Of Some MLPs," focuses on the recent buybacks announced by master limited partnerships, especially those involving natural gas related assets.
According to Chandler, buybacks can accelerate distributions to the remaining shareholders and boost the value of any remaining shares, which drives down capital costs and puts companies them in a better position to open their wallets.
"In this market, distributions are what drives valuations, and increased valuation allows forincreased strategic buying power in the M&A market," Chandler told the publication.
To read the full article (subscription required), CLICK HERE
Ms. Chandler's practice emphasizes securities transactions, reporting and compliance; mergers and acquisitions; technology licensing and commercialization, and general corporate work. She assists clients with both the formation of organizations, public and private offering of securities, governance issues and shareholder proxy contests, as well as Securities Act and Exchange Act compliance matters. Her clients include startup companies commercializing innovations in information technology and biotechnology; private investors and private equity and venture capital firms; and large privately held and publicly traded companies. Industries she serves include software, health care and life sciences, oil and gas, energy trading, transportation and logistics, educational institutions, and construction. Ms. Chandler received her B.S.B.A., with highest distinction
, from the University of Nebraska – Lincoln, and her J.D. from the University of Virginia School of Law, where she was the Articles Editor for the Virginia Journal of Law and Technology