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Oklahoma business briefs for June 2014

Oklahoma business briefs for June 2014
Oklahoman Published: June 16, 2014
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Oklahoma briefs

Crowe & Dunlevy rated go-to firm

Crowe & Dunlevy has been recognized as one of the 2014 Go-To Law Firms at the Top 500 Companies by American Lawyer Media. “We are honored to be among the top law firms for Fortune 500 companies in the U.S.,” firm President Kevin Gordon said. “With 112 years of experience, our firm offers in-depth expertise in a number of specialized practice groups to our clients, from individuals to these Fortune 500 companies. The firm extends its appreciation to our attorneys for their outstanding client work, which led to this recognition.” To create the list, American Lawyer Media collects data from Fortune 500 companies’ general counsel and by searching public records to determine which law firms Fortune 500 companies rely on for outside counsel in various key practice areas.

NGL expands its credit facility

— Tulsa-based NGL Energy Partners LP has amended its revolving credit facility to increase the total borrowing capacity by $472 million, from $1.7 billion to $2.2 billion. The additional borrowing capacity is allocated $400 million to the working capital facility, and $72 million to the acquisition facility. “This credit facility upsize provides NGL flexible and low-cost funding to continue driving growth and execute on our business strategy,” Chief Financial Officer Atanas Atanasov said in a statement.

From Staff Reports