X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Title: Vice President, Group General Counsel – Litigation Location: Houston Age: 45 High Energy One thing Dynegy CFO Layne Albert loves about working with James E. Miller is his willingness to put in whatever it takes to get a deal done. “I come from an environment where we rolled up our sleeves and did everything. Finding someone like Jimmy who has that same attitude is nice,” Albert says. Albert, who has worked with Miller on several large deals as Dynegy reinvents itself into a traditional power generating company, says Miller’s attention to detail and stamina stand out. “The guy doesn’t sleep. His attention to detail is that significant. He will stay up and baby-sit a deal 24/7,” Albert says. Not only is Miller a master dealmaker, lately focusing on billion-dollar divestitures for the company’s repositioning, but he also manages the litigation section. Carol Graebner, Dynegy’s general counsel, says that’s a testament to Miller’s adaptability. “One of the things that I value so highly about Jimmy is his versatility, his willingness to take on new and difficult tasks,” she says. Miller started out doing transactions at Dynegy in 1998. In 2001, he moved up to general counsel of the Dynegy Global Communications subsidiary. Then the telecom industry bottomed out and Dynegy’s new CEO, Bruce A. Williamson, decided to refocus on power generation. In 2003, the company sold Global and put Miller’s mergers and acquisitions skills to work divesting businesses Williamson had targeted, including seven power plants. Last year Miller managed the $2.3 billion sale of Illinois Power to Ameren. In August, Dynegy signed a deal to sell Dynegy Midstream Services to Targa Resources for $2.5 billion. The company also closed a deal to acquire Sithe Energies for $1 billion in January, which Miller worked on between divestitures. Also earlier this year, Dynegy lost its litigation section manager, and Graebner turned to Miller. “Jimmy immediately came to mind,” she says. Much of the company’s litigation involved companies Miller was disposing of and his intimate knowledge would come in handy, she thought. “It just seemed obvious to me that he could do the job,” she says. Miller’s role is largely managerial, reviewing bills and guiding six lawyers in the section, who in turn manage the firms that handle cases. While balancing that with his commercial practice, Miller also works with Albert on tax planning and corporate structuring. “Jimmy’s got a great mind. He can look at an idea and help you get there legally,” Albert says. One idea Miller and Albert have developed over their years of dealmaking is the “early decoupling” of Dynegy corporate from a business the company plans to sell. “Sale of [a] business is a disruptive thing. You try to make this as smooth as possible,” Miller says.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.