Texas Pacific Land Trust’s Proxy Contest against Dissident Shareholders


Sidley is representing Texas Pacific Land Trust (NYSE: TPL) in its proxy contest defense against a group of dissident shareholders led by SoftVest L.P.

Texas Pacific Land Trust owns tracts of land in Texas, previously the property of the Texas and Pacific Railway Company. The company, led by Tyler Glover and Robert J Packer, in 2018 recorded $300 Million revenues.

Sidley’s team is led by partner and chair of the Shareholder Activism practice Kai Haakon Liekefett (Picture) and includes associates Reuben Zaramian, Chris Porcelli, Immanuel Kim and Philipp Nuernberger.

Involved fees earner: Kai Haakon Liekefett – Sidley Austin LLP; Immanuel Kim – Sidley Austin LLP; Philipp Nuernberger – Sidley Austin LLP; Christopher Porcelli – Sidley Austin LLP; Reuben Zaramian – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Texas Pacific Land Trust ;