Randel Young is a global Practice Area Leader of the firm’s Energy, Infrastructure & Resources Practice. Mr. Young’s primary areas of practice include:
- U.S. and international energy and natural resources matters
- U.S. and international project development and project finance
- U.S. and cross-border mergers, acquisitions and dispositions
- U.S. and cross-border joint ventures, joint participation arrangements and joint operating agreements
- Advising corporate and institutional clients on emerging market privatizations and international bid tenders, cross-border investment strategies and overseas business operations, and identifying and mitigating emerging markets risks, including on Foreign Corrupt Practices Act and other international compliance issues, transnational arbitration and ADR matters, including international energy and natural resource disputes and enforcement of foreign arbitral awards and judgments
Energy & Natural Resources
Mr. Young has over 35 years’ experience in advising companies in the energy, natural resource and electric power and related service, manufacturing and supply sectors. His U.S. and international oil and gas project development, M&A and other transactional experience spans virtually every major segment of the oil and gas business, including acquisitions and dispositions of onshore and offshore acreage and production; acquisitions and financings of drilling rigs, platforms and floating production storage facilities; joint appraisal and development operations and activities; acquisition, development and joint operation of natural gas pipelines, gathering lines, processing facilities, gas storage facilities and gas treatment facilities; and acquisition and development of refineries and product storage and discharge facilities.
Mr. Young has structured and negotiated EPC and other engineering, design and construction contracts and has advised on liquidated damage and other construction delay issues, force majeure claims and major construction disputes. He is experienced in advising U.S. and multinational companies involved in the gathering, transportation, marketing trading and processing of oil, gas and petroleum products and has drafted and negotiated long-term and spot market gathering, sale,transportation and processing contracts for a variety of commodities, both in the United States and internationally.
Mr. Young has advised on complex natural gas and other hydrocarbon product pricing and price redetermination issues, take-or-pay and makeup claims, and force majeure and other contract defenses, has structured damage recovery theories for gas contract claims and has acted as an expert on various issues in disputes relating to long-term sales and transportation arrangements for natural gas.
Emerging Markets Advice & International Corporate Matters
Mr. Young has over 30 years’ experience in guiding U.S. and multinational clients through the challenges of investing and operating in emerging markets and how to operate within and around developing legal systems. As an in-house legal counsel and in outside law practice, Mr. Young has worked throughout Latin America and the Caribbean Basin, lived and worked in South America and the Middle East, and has extensive experience in advising on investments, transactions and operations in North Africa, Sub-Saharan Africa, South Asia, Southeast Asia and China.
Mr. Young has represented national oil companies, international oil companies and other multinational businesses in structuring and implementing cross-border transactions in the United States, other parts of the Americas and around the world. Having handled transactions, disputes and other legal matters involving over 60 countries, he has developed and maintains an extensive network of foreign law firms with whom he has worked closely and that provide time-tested legal support in a wide variety of jurisdictions, particularly in the emerging markets.
As part of his international corporate planning practice, Mr. Young advises on the establishment, implementation and supervision of international corporate compliance programs, including matters relating to the U.S. Foreign Corrupt Practices Act and other anti-bribery statutes and conventions, U.S. economic sanctions and trade and investment restrictions, and U.S. anti-boycott compliance. He has coordinated and conducted numerous due diligence reviews and has advised on both internal and independent outside audits of alleged violations of international restrictions and company policies.
Transnational Arbitration & ADR
Mr. Young structures and negotiates international dispute resolution clauses and arbitration agreements, advises on choice of law and choice of forum questions, drafts and negotiates waivers of sovereign immunity and other matters critical to ensuring the enforceability of contractual rights in international transactions. He has managed and advised clients in international litigation, arbitrations and other ADR procedures, and has experience in the recognition and enforcement of foreign judgments in the United States and of foreign arbitral awards around the world under the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
Mr. Young holds a Certificate in Advanced Arbitration Skills (Domestic and International) from the A. A. White Dispute Resolution Center of the University of Houston Law Center. He is a member of the North American Users Council of the London Court of International Arbitration and the Houston International Arbitration Club, and he serves on the Advisory Board of the Institute for Transnational Arbitration. Mr. Young is a member of the Oil & Gas Law and Arbitration Committees of the IBA’s Section on Energy, Environment and Infrastructure Law.