Williams is a domestic leader in finding, producing, gathering, processing and transporting natural gas. Williams’ operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, Southern California and Eastern Seaboard.

Cypress acted as financial advisor to the Ontario Teachers’ Pension Plan and the Arkansas Teacher Retirement System in the restructuring of claims by securities purchasers against Williams arising from Williams’ accounting fraud. Cypress evaluated Williams’ financial condition and prospects, analyzed various forms of consideration, and assisted in the mediation which culminated in the agreement by Williams under which it paid $290 million of cash to Williams’ securities purchasers.