Virginia Business Honors Legal Elite from 2017

Adam Casagrande of ADS Inc has been named one of Virginia Business’ most powerful attorneys in 2017. He is one of 34 lawyers to have been recognized as part of the Corporate Counsel category. As a valuable member of the ADS team, Adam is a problem solver renowned for his skills in solving. Having graduated James Madison University as a history undergrad, he later earned his law degree from the College of William and Mary. Virginia Business has worked together with the Virginian Bar Association in order to publish the yearly Legal Elite list in 2017. 1400 attorneys nominated 4,000 of their peers, in 18 categories of law, which resulted in only a quarter of those being picked at all. Casagrande works for ADS, Inc., a company ahead of its game as a well-valued logistics and supply chain producer. This provider serves all branches of the U.S. military, federal, state, as well as local organizations along with law enforcement agencies, first responders, nations we are partnered with including the defense industry. ADS is also a nationally recognized Great Place to Work, providing an excellent work environment for military veterans and helping support many military causes. ADS, Inc.’s customer service especially sets it apart from their competition since ADS Inc. believes in being the needed change in the...

Sale of the Delaware Basin Subsidiary

Lucid II started in the year 2015, December the company for Agave Energy on 2016 1st of September. 15 months later, Lucid II improved in its processing capacity by a percent of 750 on the system of South Carlsbad. It added 210 miles approximately of gathering pipeline natural gas. The Riverstone Holdings and Goldman Sachs Merchant banking division said their firsthand knowledge about Delaware Basin, capital accessibility, and their experience as investors of energy exclusively qualified them to be the sponsor of Lucid II’s sustained growth. The Goldman Sachs Merchant banking division and Riverstone Holdings bought Delaware Basin Subsidiary at an approximate of cash $ 1.6 billion. Transaction incorporated debt financing by Jeffers LLC. The first quarter of the year 2018, a closing was an expectation, which was subject to closing conditions and customary approvals. Lucid II reserved its name, it operated as Goldman Sachs MBD and Riverstone Portfolio Company. Members of the management team of Lucid II remained in their present roles. Assets for Lucid II contained within the transaction were located in the central of Delaware Basin and were referred to as processing systems. Assets comprised of 1700 miles of natural gas pipelines gathering approximately and each day 585 million cubic feet. Lucid II served the supermajor leading gas and oil producers. Riverstone Holdings said they were delighted to partner with Goldman Sachs MBD and Riverstone Holdings to help Lucid II reach its next phase, as it served the customers base, expanding needs. Goldman Sachs MBD expressed their excitement on the chance to partner together with Lucid II, to develop its growth being the leading processing business,...

Westfield: The Acquisition of the Decade

At the end of last year, Unibail-Rodamco SE, a company that Bloomberg calls “Europe’s largest commercial landlord” bought the Australian Westfield Corp for the equivalent of around $16 Billion. Westfield, prior to the acquisition was one of the largest shopping center owners in the world, with locations all over the United States and the United Kingdom. Frank Lowy, who has been the owner for over fifty years, has since handed over the CEO job to his son, Peter Lowy.

Chief Financial Officer of Unibail-Rodamco, Jaap Tonckens said…

Blockchain Explained – 2018 Things to Know

“What is blockchain?” was one of the most asked questions by people around the world in January. While a complex mechanism, it is basically a shared public ledger, also called a distributed database, which tracks transactions and ensures that the record of those transactions remains transparent and tamper-proof.

ADS Provides Equipment And Support In A Joint Exercise With FEMA

Hurricanes Jose, Irma and Maria were all-natural disasters that caused devastation and death in their aftermath. One of the agencies of the Department of Homeland Security of the United States is FEMA. This agency is responsible for the response and coordination when the state and local authorities in the United States have been overwhelmed by the occurrence of the disasters. The team from ADS, Incorporated had a unique opportunity on Tuesday, October 17th, 2017. They were able to attend a USAR training event of FEMA’s. They provided on-site support and equipment in Virginia Beach.

Two Global Energy Giants Coming Together For New Venture

There are plans and talks underway that could unite two oil and energy giants that are looking to join forces in a new global energy venture according to a recent article on the Boomberg.com website. Miguel Galuccio, an oil executive and CEO with over twenty five years’ experience around the word and the largest energy private equity firm in the world, Riverside Holdings Ltd., under the leadership of founders David Leuschen and Pierre Lapeyre, are the two powerhouses said to be in private talks.