Sidley advised Texas Pacific Land Trust (NYSE:TPL) on its reorganization into Texas Pacific Land Corporation (NYSE:TPL), a Delaware corporation, completed on January 11, 2021. The corporation, whose market capitalization was US$6.2 billion prior to market opening on January 11, is one of the largest landowners in Texas, and its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development.
The team included Kai Liekefett, Holly Gregory, George Vlahakos, Marc Rose, Yvette Ostolaza, Yolanda Garcia, Angela Richards, Rebecca Grapsas, Leonard Wood, John Stribling, Katie Legband, Dan Driscoll, Blake Longoria, Tanner Groce, Ashley Moulder, Kaitlin Schock, Erica Robertson, Jackson Long, Femi Aborisade, and Sabina Wahl.