Hunton Andrews Kurth Represents the Conflicts Committee of the General Partner of Calumet Specialty Products Partners LP's Transition to New Calumet Corporation

Hunton Andrews Kurth LLP is representing the Conflicts Committee of the General Partner of Calumet Specialty Products Partners LP in connection with the transition to New Calumet, a new Delaware corporation to be formed. Each outstanding common unit representing a limited partnership interest in the Partnership (NASDAQ: CLMT) will be converted into the right to receive one share of New Calumet's common stock. New Calumet will be governed by a board of directors of nine directors, classified into three classes; The Heritage Group and affiliates will have the right to nominate three directors so long as they own at least 15% of the Common Stock, which reduces two directors so long as they own at least 10% and less than 15% of the Common Stock.

Calumet Specialty Products Partners, L.P. manufactures, formulates and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates 12 facilities throughout North America.

The Hunton Andrews Kurth team was led by corporate partner Mike O’Leary with assistance from associate Alexa Williams and tax assistance from Tom Ford and Allison Mantor.