Blank Rome welcomes a leading partner in energy financing
Washington D.C.; Cincinnati, OH, Jan. 25, 2022 (GLOBE NEWSWIRE) — Blank Rome LLP is pleased to announce that David E. Kronenberg has joined the firm as an Energy Finance Partner in the Finance Practice Group, Restructuring and Bankruptcy and as a member of the company’s interdisciplinary energy industry team, and will be based in the company’s offices in Washington, DC, and Cincinnati, OH. At Blank Rome, David will focus his practice on the intersection of energy hedging, financing and bankruptcy law, representing energy companies, financial institutions, hedge funds and private equity firms. David joins Sidley Austin where he was an attorney in the company’s energy group.
“We are delighted to welcome David to our firm’s premier financial practice, which recently added Cassandra K. Mott and Sarah H. Frazier to our Houston office, furthering the group’s continued strategic national growth,” said said Grant S. Palmer, of Blank Rome. Managing Partner and CEO. “His extensive experience in the energy sector will significantly strengthen our team of experienced lawyers in the finance and restructuring markets, ensuring our clients get optimal results.”
David regularly supplies energy industry customers such as commodity hedge providers, pipeline operators, oil and gas producers, retail energy providers, power plant operators and utilities. renewable energy providers a range of legal services, including the structuring and negotiation of physical and financial commodity transactions, the structuring and analysis of secure energy transactions, and the use or exchange of energy credits renewable energy, carbon quotas and offsets. He also has a strong track record in distressed energy M&As, helping energy companies buy and sell businesses. In addition, David provides energy sector clients with advice on bankruptcy matters, including the enforcement of energy contracts and other creditor rights issues in Chapter 11 proceedings and related litigation, and the application of the safe harbors of the Bankruptcy Code to energy derivatives and other contracts. In 2021, David assisted companies in bankruptcy and restructuring cases following the tragic winter storm Uri.
“David’s significant experience in key East Coast and Midwest energy corridors will provide our customers with valuable guidance along with the benefits of strong relationships built over many years of operating in these markets. Additionally, his experience in carbon markets and renewable energy credits will further broaden our service capabilities and reach,” said Lawrence F. Flick II, vice president of Blank Rome and president of Blank Rome’s Financial Services Industry Group. the society. “We are delighted to welcome David to the group, as his financial capability and notably his deep experience in the energy sector will broaden our growing practice.”
“Blank Rome has exceptional finance, energy and bankruptcy practices and I look forward to working with my new colleagues across the country to serve the clients of the Blank Rome platform. It is exciting to join a firm who has active practices and a track record of success in every legal discipline and geographic area in which my practice is focused,” Kronenberg said. “In addition, I will reunite with some of my former colleagues, including partners Brendan Delany, Jason Eig and Ryan Craig, who I can’t wait to work with again alongside Blank Rome.”
David is also active in pro bono efforts, frequently working on immigration and asylum cases. One of his most important pro bono cases involved representing various former appellate judges as amicus curiae in the United States Supreme Court case, Williams v. Pennsylvania. He also helped President Obama’s clemency initiative.
David got his JD, cum laudefrom Brooklyn Law School and its BA, cum laudefrom Washington University in St. Louis.
About Virgin Rome
Blank Rome is an Am Law 100 firm with 13 offices and more than 600 attorneys and directors providing comprehensive legal and advocacy services to clients operating in the United States and around the world. Our professionals have earned a reputation for their cutting-edge knowledge and experience in a range of industries and are recognized for their commitment to volunteer work in their communities. Since our inception in 1946, Blank Rome’s culture has been dedicated to providing a high standard of service to all of our customers and has been rooted in the strength of our diversity and inclusion initiatives. For more information, visit blankrome.com.