A partner in Fulbright & Jaworski L.L.P.'s Houston office since 1992, Josh Agrons focuses on corporate and business transactions, with special emphasis on financings, all manner of credit facilities, matters related to the Uniform Commercial Code (UCC), business acquisitions and dispositions.

Recent Financing Transactions

Josh helps clients obtain a market view on financing terms through the volume of financing transactions, both secured and unsecured, that he works on. He has represented the following companies in recent financing transactions:  

• Publishing and advertising entity in $2.75 billion term loan credit agreement
• Multinational energy service company on commitments for $2.5 billion acquisition financing package for bid for acquisition of energy service company
• Multinational energy service company in accordion feature exercise to $2.2 billion multicurrency revolving credit facility
• International oil and natural gas service company in $1.75 billion unsecured multi-currency revolving credit agreement
• Multinational energy service company in $1.5 billion commercial paper program establishment and maintenance
• Consumer products rental store chain in connection with secured $750 million credit facility
• Onshore and offshore drilling, well-servicing and work over contractor in $700,000,000 revolving credit facility
• Refiner of fuels and specialty chemicals in $550 million secured revolving credit facility
• International oil and natural gas service company in $500,000,000 aggregate commitments credit facility
• Leading refiner and processor of specialty hydrocarbon products in swaps transactions and $375 million revolving credit agreement and $385 million term loan Agreement
• Retail chain in a $325,000,000 Revolving Credit Facility
• Onshore contract drilling provider and pressure pump servicer in $220 million revolving credit facility
• Global provider of marine transportation in a $200,000,000 Senior Secured Facility
• Independent petroleum refiner in $150,000,000 high yield offering
• International oil and natural gas drilling company in $140,000,000 acquisition
• Manufacturer and distributor of forklifts and lift trucks in $135,000,000 revolving credit facility
• International oil and natural gas service company in $50,000,000 revolving credit facility
• Manufacturer and distributor of forklifts in uncommitted credit facilities
• Multinational energy service company in establishment of its Middle East subsidiary's bank guarantee facility
• Mezzanine fund lenders to oil field services companies

Recent Swaps and Hedging Transactions

Josh has represented clients in the following hedging transactions:

• Natural gas and power company in swaps transactions
• Natural gas and power company in swaps transactions in F/X and commodities
• Multinational manufacturer of polyolefin materials in swaps transactions in F/X, commodities and (EU) carbon emissions credits
• Operator of gas processing plants in swaps transactions in F/X
• Large integrated oil and gas company in swaps transactions in F/X and commodities
• Multinational conglomerate engineering, procurement and construction company in swaps transactions for F/X and commodities
• Refiner of fuels and specialty chemicals in restructuring of agented secured (multi-provider) commodity swaps facility
• Producer of construction aggregates and chemicals in establishment of swaps facilities with multiple providers
• Multinational energy service company in establishment of agented swaps facilities for F/X and interest rate swaps
• Multinational energy infrastructure design, engineering and construction firm in establishing F/X and interest swaps facilities
• Publicly held entertainment company, and governmental agency, in swaps valuation disputes with Lehman Brothers

Other Recent Commercial Transactions

Josh has also represented clients in certain other transactions:

• Retail chain in the reorganization of its corporate structure
• Large energy trading company in review and analysis of intercreditor arrangements and collateral analysis
• A marine construction provider in the acquisition of high technology engineering services company in the United Kingdom
• Manufacturer and distributor of forklifts in a joint venture with German company for U.S. manufacture and distribution of EU sourced warehouse products
• Marine construction provider in the disposition of business unit
• Energy service companies in the redesign of their standard terms and conditions of sale and purchase
• Letter of credit and guaranty matters  

• MIT Enterprise Forum of Texas
  • Former Chairman of the Board of Directors (fiscal year 2000)
• The Houston Forum
  • Formerly on the Board of Directors and Executive Committee
• American Bar Association
• State Bar of Texas - Business Law Section
  • Legal Opinions Committee, Vice Chairman (2005 - 2006)
• Houston Bar Association

• Co-author, "Disaster in Japan: Legal Issues Your Company Could Face During Japan's Recovery," Fulbright White Paper, March 31, 2011
• Co-author, "What Does a New Era in Swaps Regulation Mean for You?" Fulbright - Dodd-Frank Task Force, August 19, 2010
• Co-author, "Delaware Supreme Court Reverses Lyondell Decision; Enters Judgment For Director Defendants," Fulbright Briefing, April 2009
• Co-author, "Fifth Circuit Holds 'Subsidiary Corporation' Does Not Include Limited Liability Companies," Fulbright Briefing, January 26, 2009
• Co-author, "IRS Position Shift on Performance-Based Compensation," Fulbright's Corporate & Business Transactions Practice Series, March 2008

• Co-presenter, "Fulbright Forum – Managing Risk: U.S. Legal and Business Issues Arising from Japan's Earthquake and Recovery," Fulbright Web Seminar, May 3, 2011
• Co-presenter, "M&A in 2010: Transaction Financing Issues in the Current Economic Climate," Fulbright Web Seminar, November 18, 2010
• Co-presenter, "What Does a New Era in Swaps Regulation Mean for You?" Fulbright - Dodd-Frank Task Force Web Seminar, August 19, 2010
• Co-presenter, "Portfolio Issues for Hedge Fund Managers," Fulbright Seminar, May 22, 2008

1983 - J.D., Washington University, St. Louis, Missouri
1983 - M.B.A., Washington University, St. Louis, Missouri
1979 - B.A., magna cum laude, in Economics and Political Science, with distinction in Political Science, Duke University

Josh was a member of the Order of the Coif in law school and Beta Gamma Sigma in business school. He graduated in the top 10% of both his law school class and his business school class.

He was admitted to practice law in Texas in 1984.

Josh is an avid wine enthusiast and amateur chef. He enjoys testing his culinary creations on his five children. 

• Museum of Fine Arts, Houston, American Painting and Sculpture Subcommittee
• Junior Achievement of Southeast Texas, Inc., Board of Directors