Kenneth E. Jackman

Overview

Kenneth Jackman focuses on transactional and advisory matters involving publicly traded limited partnerships and limited liability companies.  

Ken provides advice to boards of directors and board committees on a wide variety of matters, including governance, mergers and acquisitions, IPOs, and sales of assets.  Ken also advises directors and managers of limited partnerships and limited liability companies regarding their fiduciary duties.

PRACTICES

Limited Liability Company & Partnership Advisory
Structured Finance

Select Experience

• Represented the Conflicts Committee of the Board of Directors of GasLog Partners, LP in connection with the acquisition by GasLog Ltd. of all of common units of GasLog Partners, LP not already owned by GasLog Ltd. in July 2023
• Represented the Conflicts Committee of DCP Midstream LP in connection with the acquisition by Phillips 66 of all of the common units of DCP Midstream LP not already owned by Phillips 66 announced in January 2023
• Represented the Conflicts Committee of Höegh LNG Partners LP in connection with the acquisition by Höegh LNG Holdings Ltd. of all of the common units of Höegh LNG Partners LP not already owned by Höegh LNG Holdings Ltd. in September 2022
• Represented the Conflicts Committee of KNOT Offshore Partners LP in connection with dropdown transactions in June 2022 and September 2024
• Represented the Conflicts Committee of the Board of Directors of Oasis Midstream Partners, LP in connection with its sale to Crestwood Equity Partners, LP. in October 2021
• Represented the Conflicts Committee of the Board of Directors of Enable Midstream Partners, LP in connection with its sale to Energy Transfer LP in February 2021
• Represented the Conflicts Committee of the Board of Directors of EQM Midstream Partners LP in connection with the acquisition by Equitrans Midstream Corporation of all the common units of EQM Midstream not already owned by Equitrans in June 2020
• Represented the Conflicts Committee of the Board of Directors of CrossAmerica Partners, LP in connection with a simplification transaction that resulted in the elimination of its incentive distribution rights in January 2020 and in connection with multiple asset exchange transactions in 2019 and 2020
• Represented the Conflicts Committee of the Board of Directors of DCP Midstream, LP in connection with a simplification transaction that resulted in the elimination of its incentive distribution rights in November 2019
• Represented the Conflicts Committee of TransMontaigne Partners L.P. in connection with the acquisition by ArcLight Energy Partners Fund VI, L.P. of all the publicly held common units of the partnership not already owned by ArcLight
• Represented the Conflicts Committee of Western Gas Equity Partners, L.P. in connection with a simplification transaction involving the acquisition of all the publicly held common units of Western Gas Partners, LP and the acquisition of substantially all of Anadarko Petroleum Corporation’s remaining midstream assets
• Represented the Conflicts Committee of Dominion Energy Midstream Partners, LP in connection with the acquisition by Dominion Energy, Inc. of all the publicly held common units of the partnership not already owned by Dominion
• Represented the Conflicts Committee of Energy Transfer Partners, L.P. in connection with the proposed business combination of Energy Transfer Partners and Energy Transfer Equity
• Delaware counsel to Tallgrass Energy GP, LP in connection with a simplification transaction involving Tallgrass Energy Partners, LP
• Represented the Conflicts Committee of NuStar Energy L.P. in connection with a simplification transaction involving NuStar GP Holdings, LLC
• Represented the Conflicts Committee of 8point3 Energy Partners LP in connection with its sale to Capital Dynamics and, prior to that, multiple acquisition transactions with First Solar Inc. and SunPower Corp.
• Represented the Conflicts Committee of USA Compression Partners, LP in connection with a $1.8 billion transaction in which it acquired the compression business of Energy Transfer Partners
• Represented the Conflicts Committee of Sunoco Logistics Partners L.P. in connection with its acquisition of Energy Transfer Partners, L.P. for an implied acquisition equity value of $35 billion
• Represented the Conflicts Committee of Dominion Midstream Partners in connection with its acquisition of Questar Pipeline, LLC from Dominion Resources, Inc. in October 2016 and with its acquisition of Dominion Carolina Gas Transmission, LLC from Dominion Resources
• Represented the Conflicts Committee of Transocean Partners, LLC in connection with the proposed acquisition of Transocean Partners by Transocean Ltd.
• Represented the Conflicts Committee of Plains All American, L.P. in connection with a simplification transaction involving Plains GP Holdings, L.P.
• Represented the Conflicts Committee of Memorial Production Partners LP in connection with Memorial acquiring its general partner and the incentive distribution rights in Memorial
• Represented the Conflicts Committee of NextEra Energy Partners in connection with multiple acquisition transactions from NextEra Energy Resources
• Represented the Conflicts Committee of Targa Resources Partners LP in connection with the acquisition of Targa Resources Partners by Targa Resources Corp.
• Represented the Conflicts Committee of Energy Transfer Partners, L.P. in connection with its $2.226 billion dropdown to Sunoco LP of wholesale fuel and retail marketing assets
• Represented the Conflicts Committee of Energy Transfer Partners, L.P. in connection with its $1.94 billion dropdown of Susser Holdings Corp. to Sunoco LP and the $1.2 billion exchange with Energy Transfer Equity, L.P. of the general partner interest and incentive distribution rights in Sunoco LP for common units of Energy Transfer Partners, L.P.
• Represented the Conflicts Committee of CrossAmerica Partners LP in connection with a $261.5 million dropdown of real property associated with 29 new-to-industry stores from CST Brands Inc.
• Represented the Conflicts Committee of CrossAmerica Partners LP in connection with a dropdown of wholesale fuel supply interests from CST Brands Inc.
• Delaware counsel to Black Stone Minerals, L.P. in connection with its initial public offering
• Represented the Conflicts Committee of Energy Transfer Partners, L.P. in connection with its $816 million dropdown to Sunoco LP of interests in its fuel distribution business
• Represented the Conflicts Committee of Access Midstream Partners in connection with a $50 billion business combination with Williams Partners

Education

• Temple University School of Law, J.D., magna cum laude, 2007
• Washington and Lee University, B.S., cum laude, Economics, 2002

Pro Bono Activities

• Assisted in the organization of a nonprofit corporation that seeks to provide a camp for children who have suffered burns

Recognition

• The Legal 500, 2019

Bar Admissions

• Delaware, 2008