Ashley E. Whittington

Associate

Houston
T +1.713.646.1336
F +1.713.751.1717

Overview

Ashley Whittington's principle areas of practice are corporate finance and securities law, including general corporate representation and mergers and acquisitions, primarily in the energy industry. She regularly assists clients in U.S. capital markets transactions, and advises clients regarding periodic SEC reporting, corporate governance and compliance matters. Ashley has worked with E&P companies, midstream companies and oilfield services companies. Her business and finance background, combined with an in-depth understanding of the tax implications related to a variety of transactions, enable her to structure transactions in a tax-efficient manner.

Select Experience

  • Represented public company in the acquisition of assets from private equity portfolio company for $300 million in the Permian Basin.
  • Represented public company in the acquisition of assets from a private equity portfolio company for $17 million in the Permian Basin.
  • Represented public company in potential merger and conducted associated midstream diligence.
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Experience

  • Represented public company in the acquisition of assets from private equity portfolio company for $300 million in the Permian Basin.
  • Represented public company in the acquisition of assets from a private equity portfolio company for $17 million in the Permian Basin.
  • Represented public company in potential merger and conducted associated midstream diligence.
  • Represented private company in up to $30 million Note Purchase Agreement (first lien senior secured notes).
  • Represented issuer in private offering of $450 million aggregate principal amount of new Senior Secured Second Lien Notes to qualified institutional buyers.
  • Represented issuer in private exchanges with institutional investors and separately commenced private exchange offers to qualified institutional buyers or non-U.S. persons of approximately $152.2 million aggregate principal amount of its 6.375% Senior Subordinated Notes, $219.9 million aggregate principal amount of its 5.5% Senior Subordinated Notes, $96.3 million aggregate principal amount of its 4.625% Senior Subordinated Notes and $429.4 million aggregate principal amount of its 7.5% Senior Secured Second Lien Notes in exchange for a total of approximately $120 million of cash, $531.8 million aggregate principal amount of its new 7.75% Senior Secured Second Lien Notes and $245.5 million aggregate principal amount of new 6.375% Convertible Senior Notes.
  • Represented issuer in underwritten public offering of 5.75 million shares of common stock at a price to the public of $1.63 per share for net proceeds of $8.32 million.

Recognitions and Memberships

Recognitions

  • Yuet Lan Lung Award for Advanced Legal Research, University of Houston Law Center (2018)

Memberships

  • American Bar Association
  • Houston Bar Association
  • Institute for Energy Law: Advisory Board

Industries

Admissions

  • Texas

Education

  • LL.M., Tax Law, University of Houston Law Center, 2018
  • J.D., University of Houston Law Center, 2016; Houston Business Tax Law Journal, Managing Editor; Corporate and Taxation Law Society, Member; Association of Women
  • B.B.A., Finance, The University of Texas at Austin, 2013