REPRESENTATIVE EXPERIENCEPaul’s extensive representative experience includes:
- Serving as counsel to energy companies in counterparty bankruptcies.
- Serving as lead lawyer in bankruptcies involving liquidation and valuation of derivatives and forward transactions.
- Serving as lead counsel advising a client on CFTC inquiries relating to futures/swaps trading activities.
- Advising energy clients on contract documentation (including ISDA Master Agreements, EEI Power Purchase and Sale Agreements, Master Netting Agreements, and NAESB Master Agreements) for transactions involving physical power, crude oil and natural gas, as well as energy-related swaps and derivatives.
- Assisting an energy company in structuring transactions with uncreditworthy counterparties.
- Serving as lead counsel in sales of Texas retail electric providers.
- Assisting REPs in retail and wholesale energy transactions.
- Representing energy marketing and trading companies in mediations and arbitrations involving disputes with counterparties.
- Analyzing energy trading portfolios and positions in commercial disputes.
- Negotiating settlements involving hundreds of millions of dollars related to contracts for physical power, natural gas, coal, swaps and derivatives.
PROFESSIONAL HONORS AND AWARDS
- Named to The Best Lawyers in America in the area of derivatives law and futures law (2007-2012)
- Named Best Lawyers’ Derivatives and Futures Law: Lawyer of the Year in Houston (2012)
- Named among the “Top Lawyers in Houston” by H Magazine (2010, 2011)
- Selected for inclusion in the Houston Edition of Texas’ Best Lawyers (2008)
PROFESSIONAL AND COMMUNITY INVOLVEMENT
- Vice Chairman, Committee on Gas and Electric Marketing, American Bar Association
- Former Vice Chair, Committee on Power Generation and Marketing, Energy Bar Association
- Member, Board of Trustees, Houston Grand Opera
- Member, Board of Directors, Lupus Foundation of America, Inc., Texas Gulf Coast Chapter
RECENT PUBLICATIONS AND SPEAKING ENGAGEMENTS
- Co-author, "MF Global Insolvency Reveals Risk in Dodd-Frank Model," Financier Worldwide (January 2012)
- Co-author, "Contingency Planning in Counterparty Bankruptcies," The Deal (November 11, 2011)
- Co-author, “4 Risks Facing Energy Companies today,” Risk Management (September 2011)
- Co-author, “Coming Changes for Derivatives Users,” Energy Law360 (July 6, 2011)
- Co-author, “Derivatives Documentation for Energy End Users,” Energy Law360 (June 6, 2011)
- Co-author, “Planning for a Major Counterparty’s Bankruptcy” Energy & Mining International (June 1, 2011)
- Co-author, “Rough Waters In Bankruptcy Code’s Safe Harbors,” Bankruptcy Law360 (May 2, 2011)
- Co-author, “Planning for a Major Trading Counterparty Bankruptcy” Managing Power Magazine (April 7, 2011)
- Co-author, “Dodd-Frank's Eye on Energy Cos.’ Use of Derivatives,” Law360 (April 7, 2011)
- Author, “Energy markets bracing for increased costs, supervision,” Houston Business Journal (March 4, 2011)
- Co-author, “Backup Plan,” Energy Risk Management (February 1, 2011)
- Co-author, “‘Dodd-Frank’ is next storm to weather for energy companies,” Houston Business Journal (October 4-8, 2010)
- Co-author, ”Major Energy Users,” Ch. 57, Energy Law & Transactions (Muchow & Mogel eds.)
- Co-author, “Physical Supply Contracts Under Bankruptcy Code,” Law360, Bankruptcy Section (February 25, 2009)
- Author, “Court Determines Commodity Supply Contract is not Swap Agreement Under Bankruptcy Code,” Pratt’s Journal of Bankruptcy Law (October/November 2007)
- Author, “Energy Restructuring and Creditors’ Rights,” Law360, Bankruptcy Section (January 29, 2007)
- Co-author, “Energy Trading Bankruptcies and Their Lingering Effects,” American Bar Association Energy Committee Newsletter (May 2007)
- Speaker, “The Effects of the Dodd-Frank Financial Reform,” North American Power Credit Organization September 2010 Meeting (September 16-17, 2010)
- Speaker, “Margin of Safety?” The Implications of the Dodd-Frank Credit Requirements for Derivatives on Energy Businesses and Trading (August 18, 2010)
- Speaker, Central Clearing of Interest Rate Swaps (June 15, 2010)
- Speaker, Central Clearing – Questions and Answers from the Buy-Side Perspective (April 15, 2010)
- Speaker, “Bankruptcy Lessons Learned: from Lehman to Lyondell,” North American Power Credit Organization September 2009 Meeting (September 17-18, 2009)
- Speaker, Webinar: “Counterparty Rights in the Lehman Bankruptcy” (October 23, 2008)
- Speaker, Gas and Power Institute (September 4-5, 2008)
- Speaker, Carbon Trade, Finance and Trends Conference (June 13, 2008)
- Speaker, Energy in the Southeast Conference (June 12-13, 2008)
- Speaker, Oil, Gas and Energy Law Conference (May 1-2, 8-9 and June 26-27, 2008)
- Speaker, ACI’s Derivatives Boot Camp (November 5-6, 2007)
- Speaker, “Litigation and Regulatory Developments Affecting Power Markets,” North American Power Credit Organization September 2007 Meeting (September 20-21, 2007)
- Speaker, “Energy and Commodity Derivatives Transactions,” American Conference Institute’s Derivatives Boot Camp (March 7-8, 2007)
- Speaker, North American Power Credit Organization May 2006 Meeting (May 18-19, 2006)