SCOTTOW “SCOTT” KING

Partner

scottk@gaillelaw.com

Mr. King’s practice focuses on representing clients in domestic and international energy transactions and serving as outside general counsel to energy companies.  Scott previously served for fourteen years as Vice President, General Counsel, and Secretary of Occidental Chemical Corporation.  Scott was also segment compliance officer for Occidental Petroleum Corporation’s chemical segment from 2001-2015. Prior to becoming the GC at OxyChem, he was Assistant General Counsel for Occidental Petroleum Corporation.  During his time at Oxy and OxyChem, Mr. King led and managed more than a dozen billion dollar transactions.  Immediately prior to joining Oxy’s legal department, he practiced law with Perkins Coie.  Scott’s hands-on transactional practice has spanned M&A, corporate, commercial, securities, finance, IP, antitrust counseling, environmental, bankruptcy, labor and employment, and litigation management.  

Mr. King received his Juris Doctor from New York University School of Law, where he was a Finalist in the Moot Court Competition.  Scott attended undergraduate college at Yale, graduating with a Bachelor of Arts in English.  At Yale, he received the DuPuy Prize for Scholarship for his senior thesis, served on the editorial board of the Yale Daily News, lettered on the Freshman Heavyweight Crew, and was elected as the Pierson College representative to the Yale College Council.  Scott attended Episcopal High School in Alexandria, Virginia, where he was nominated for a Morehead Scholarship at UNC-CH and qualified as a National Merit Finalist.   

SELECTED OCCIDENTAL TRANSACTIONS:

  • Acquisition of largest producer of oil in Texas in a complex transaction valued in excess of $3.6 billion
  • Sale of natural gas transmission subsidiary for $3.49 billion plus assumption of lease obligations  
  • $1.2 billion reverse Dutch auction debt tender offer
  • Disposition of $1 billion (balance sheet assets and revenues) coal division

SELECTED CHEMICAL TRANSACTIONS:

  • Sale of $150 million petrochemical asset in Lake Charles, Louisiana to Indonesian based multinational conglomerate 
  • Sale to Japanese company of $100 million specialty chemical (resorcinol) manufacturing entity (Indspec Chemical) based in Pittsburgh area
  • Acquisition of equity stake in green chemical dispersant business
  • Formation and implementation of joint venture with Mexican chemical manufacturer (Mexichem now Orbia) to build ethylene cracker and related pipeline and storage facilities as part of chemical complex in Ingleside, Texas
  • Disposition of 50.1% interest in South American chlor-alkali manufacturing joint venture to South American partner for cash and and assumption in excess of $300 million
  • Purchase of calcium chloride business and assets of The Dow Chemical Company
  • Disposition of 20% interest in chemical company through a complex series of swap transactions supported by a Rule 10b5-1 Plan
  • Purchase of 24% in chemical limited partnership
  • Purchase of 50% interest in Delaware limited partnership and the operator of a gas-fired cogen turbine
  • Negotiated material settlement of substantial plaintiff claims arising from alleged criminal antitrust conduct by marine parcel shippers  
  • Acquisition of chemical division of company, and simultaneous FTC-mandated divestiture to third company, as well as opportunistic divestiture of certain pentachlorophenol assets 
  • Purchase of approximately 30% equity stake (shares and warrants) in chemical company, a publicly traded parent company and simultaneous sale of interests in third company, while preserving indemnity status quo and defenses involving preemptive rights and certain claims of third parties
  • Purchase of Marubeni’s interest in joint venture
  • Sale of petrochemical business to in return for a 29.5% interest in joint venture partnership, creating largest North American olefins producer
  • Formation of two joint venture vinyls partnerships with and related purchase and sale and commercial transactions
  • Specialty chemical acquisition
  • Divested complex international agricultural chemicals trading business based in Brussels, Belgium 
  • $500 million project finance of VCM plant 

MEMBERSHIPS:

Admitted to practice in the following States: Texas, 2006 (currently active); California, 1989; and New York, 1983

Currently member Dallas GC Netweavers, Formerly member Dallas General Counsel Group and Texas General Counsel Forum 

2012 and 2013 Panelist on CLE Presentations Regarding Chemical Industry Legal Development

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