Enbridge Energy Partners’ Strategic Review


Vinson & Elkins advised the special committee of the board of directors of Enbridge Energy Partners (EEP) in a strategic review and resulting restructuring actions to strengthen its financial position and outlook.

EEP owns and operates a diversified portfolio of crude oil transportation systems in the United States. Its principal crude oil system is the largest pipeline transporter of growing oil production from western Canada and the North Dakota Bakken formation. The system’s deliveries to refining centers and connected carriers in the United States account for approximately 23 percent of total U.S. oil imports.

The V&E corporate team was led by partners Mike Telle (Picture), Lande Spottswood and Mike Rosenwasser with associates Justin Hunter, Connor Long and David Bumgardner. Also advising were partners Ryan Carney and Joe Garcia, and senior associate Mary Alexander; and partner Neil Imus.

Involved fees earner: Michael Telle – Vinson & Elkins LLP; Lande Alexandra Spottswood – Vinson & Elkins LLP; Mike Rosenwasser – Vinson & Elkins LLP; Justin Hunter – Vinson & Elkins LLP; Connor Long – Vinson & Elkins LLP; David Bumgardner – Vinson & Elkins LLP; Ryan Carney – Vinson & Elkins LLP; Joe Garcia Jr. – Vinson & Elkins LLP; Mary Alexander – Vinson & Elkins LLP; Neil Imus – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Enbridge Energy Partners;

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Author: Ambrogio Visconti