Tim Fenn is described by clients as "an impressive attorney in the tax law area for public partnerships," adding: "he has years of experience and is extremely knowledgeable. He has an amazing ability to communicate difficult issues in a straightforward manner."

Chambers USA 2016

C. Timothy Fenn

  • 811 Main Street
  • Suite 3700
  • Houston, TX 77002
  • USA

Charles Timothy (“Tim”) Fenn is the Office Managing Partner in the Houston office with a particular focus on business taxation as it applies to partnerships. His tax practice focuses on early stage structuring and advice with respect to market-related issues and tax issues. 

Mr. Fenn handles tax-related issues involving mergers, acquisitions, restructurings, and capital market transactions for clients in the energy sector including:

  • Publicly traded partnerships (PTPs)
  • Master limited partnerships (MLPs)
  • Corporations
  • Private equity firms
  • Investment banks

In addition to representing clients in connection with transactional matters, Mr. Fenn has successfully represented clients before the Internal Revenue Service, the US Tax Court, and several US appellate courts. Mr. Fenn spent several years as an investment banker with Goldman Sachs & Co. where he was part of the natural resources group.

Mr. Fenn is recognized in The Best Lawyers in America in tax law, 2010-2015 and for his energy industry focused tax advise by The Legal 500 US 2013. He was also named one of the leading Tax lawyers in Texas by Chambers USA from 2005-2016. Mr. Fenn is a frequent speaker at investment banking conferences and MLP industry symposiums. He also serves on the advisory board for the Alerian MLP index.

Mr. Fenn offered tax advice with respect to the following M&A transactions:

  • Clayton Williams Energy, Inc. – US$2.7 billion acquisition by Noble Energy, Inc.
  • JP Energy Partners LP – US$456 million merger with American Midstream Partners, LP
  • Energy Transfer Partners, LP - US$21.3 billion acquisition of Sunoco Logistics Partners LP
  • PennTex Midstream Partners, LP – US$640.4 million sale of certain interests to Energy Transfer Partners, L.P.
  • Rosetta Resources Inc. – US$3.9 billion acquisition by Noble Energy, Inc.
  • LinnCo LLC – US$4.3 billion acquisition of Berry Petroleum Co.
  • Access Midstream Partners, L.P. – US$50 billion acquisition by Williams Partners L.P.
  • Energy Transfer Partners, LP – US$18 billion acquisition of Regency Energy Partners LP
  • Suburban Propane Partners LP – US$1.8 billion acquisition of Inergy Propane LLC

Mr. Fenn offered tax structuring advice related to the following Capital Markets transactions:

  • PennTex Midstream Partners, LP – US$225 million initial public offering
  • CONE Midstream Partners LP – US$442.75 million initial public offering
  • Phillips 66 Partners LP – US$434.44 million initial public offering
  • LinnCo, LLC – US$1.1 billion initial public offering
  • Midcoast Energy Partners, L.P. – US$382.95 million initial public offering
  • OCI Partners, LP – US$315 million initial public offering
  • Dynagas LNG Partners LP – US$258.75 million initial public offering
  • Cypress Energy Partners, L.P. – US$86.25 million


    • 10 December 2013
      Presentation from the Wells Fargo Securities 2013 Pipeline, MLP, and Energy Symposium.
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    • 26 September 2012
      The characteristics and comparison of current royalty trusts.
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