King & Spalding Advises Haddington CAES Development Company, Welcomes New Partners

Tuesday, January 5, 2010 - 01:00

King & Spalding advised CAES Development Company, LLC, and Norton Energy Storage, LLC, in the sale of all rights in Norton Energy Storage, a compressed air energy storage (CAES) project under development in Norton, Ohio, to FirstEnergy Generation Corp., a subsidiary of Akron, Ohio-based First Energy Corp. CAES Development Company, LLC, and Norton Energy Storage, LLC, are portfolio companies of Haddington Ventures LLC's managed funds.

King & Spalding has nearly a decade of experience in the development of CAES projects such as the Norton Energy Storage Project, is actively involved in other CAES projects developments and is engaged in government advocacy and outreach matters on behalf of the Coalition to Advance Renewable Energy Through Bulk Storage (CAREBS) - a government advocacy group comprised of CAES project developers, equipment manufacturers and other renewal energy industry stakeholders interested in the grid efficiency and reliability enhancements that CAES and other bulk energy storage projects offer.

The Houston-based King & Spalding legal team involved in this transaction consisted of Kenneth Culotta (global transactions partner), Peter M. Oxman (real estate partner), Juan-Pablo "John" Crespo (global transactions partner-elect) and Monica Hwang (global transactions associate).

King & Spalding has announced the expansion of its highly regarded energy litigation and international arbitration practices into California with the arrival of commercial litigation partner Charles C. Correll, Jr. Mr. Correll is focusing on energy and construction litigation, international arbitration matters and water contamination litigation.

Mr. Correll, who relocated to San Francisco from King & Spalding's Houston, Texas, office, has 15 years experience in a broad range of domestic and international litigation matters, primarily for energy industry companies and service providers. He is a veteran of Operation Desert Storm.

King & Spalding, a leading international law firm, announced today it elected four partners to the firm's 10-person policy committee, effective January 1, 2010. They are Raymond E. Baltz, Jr. (Atlanta), Richard T. Marooney (New York), Robert E. Meadows (Houston) and W. Ray Persons (Atlanta).

King & Spalding's policy committee is responsible for firm policies, strategic initiatives and the overall enhancement of the firm. Members are elected by the partnership to a three-year term.

Raymond E. Baltz, Jr. is head of the firm's corporate practice group. He represents private equity funds in leveraged buyout transactions and corporations in strategic merger and acquisition transactions.

Richard T. Marooney is a member of the firm's business litigation practice. He has 14 years' experience managing and trying complex commercial disputes, particularly in the financial services and energy industries.

Robert E. Meadows is managing partner of the firm's Houston and Austin, Texas, offices and a member of the litigation practice. His extensive trial experience includes general commercial litigation in addition to tort litigation defense. He is a fellow of the American College of Trial Lawyers.

W. Ray Persons is a member of the firm's tort and environmental litigation practice. A seasoned trial lawyer, he focuses his practice on complex litigation, including class actions, mass torts and product liability. He appears regularly in state and federal courts throughout the country. He is a fellow of the American College of Trial Lawyers.