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N. Texas Opportunity Fund Sues Hammerman & Gainer

N. Texas Opportunity Fund Sues Hammerman & Gainer

A Dallas private equity fund is taking officials of a Louisiana company to task over allegations that it secretly set up a “shell” company to funnel money out of the…

DMN: Jury Awards $3 Million in Fracking Contamination Case

DMN: Jury Awards $3 Million in Fracking Contamination Case

A Dallas jury has awarded a Wise County couple $3 million in their case against Plano-based Aruba Petroleum. …

ETP Demands $915 Million from Enterprise

ETP Demands $915 Million from Enterprise

Energy Transfer Partners is asking a judge to award it $914.6 million for damages it suffered over an alleged joint venture with Houston-based Enterprise Products Partners that failed in 2011.…

Energy Companies Concerned About Jump in Investigations and Regulatory Matters

Energy Companies Concerned About Jump in Investigations and Regulatory Matters

Energy company general counsel face significantly different litigation issues than the corporate legal departments in other business sectors. Norton Rose Fulbright's 10th Annual Litigation Trends Survey found that 56 percent…

Study: Businesses Spending More on Litigation, Arbitration & Investigations

Study: Businesses Spending More on Litigation, Arbitration & Investigations

Businesses in Texas and across the U.S. continue to spend more and more money on legal fees to fight high-stakes litigation and to deal with a growing number of regulatory…

Norton Rose Fulbright’s Litigation Trends Survey Reveals an Increasingly Active Regulatory Environment

Norton Rose Fulbright’s Litigation Trends Survey Reveals an Increasingly Active Regulatory Environment

Regulatory/investigations are near the top of the list of litigation concerns for senior in-house counsel, and more time is being spent on government or regulatory investigations in company legal departments.…

Dallas Court Rejects Developer Billingsley’s Carrollton Airport Efforts

Dallas Court Rejects Developer Billingsley’s Carrollton Airport Efforts

The Dallas Court of Appeals, in a case that exposes the influence of big money on local politics, has rejected a complex legal effort by real estate developer Henry Billingsley…

Good as Gold: Jury Gives Dillon Gage Nod in Art Gallery Spat

Good as Gold: Jury Gives Dillon Gage Nod in Art Gallery Spat

A federal jury has nixed an attempt by a Los Angeles art gallery to do an end-run around the Robert Allen Stanford receivership claims process and recover nearly $3 million…

SEC v. The Wylys: Insider Trading Trial Goes Way Beyond Texas

<em>SEC v. The Wylys:</em> Insider Trading Trial Goes Way Beyond Texas

Dallas billionaire investor Sam Wyly wrote in his book 1,000 Dollars and an Idea that “the world owes a debt of gratitude” to junk bond king Michael Milken. Wyly is…

Hunt v. Honeywell Closings: Who is the Real Bully?

<em>Hunt v. Honeywell</em> Closings: Who is the Real Bully?

Lawyers for Hunt Consolidated and Honeywell International pointed fingers at each other during closing arguments of the three-week products defects trial. …

DMN: AG Abbott Sides with Baylor Hospital in Disgraced, Deadly Doctor Case

DMN: AG Abbott Sides with Baylor Hospital in Disgraced, Deadly Doctor Case

Abbott has filed a motion to intervene in lawsuits to make a legal argument that, if successful, would make it significantly more difficult for the victims’ families to prevail.…

Federal Jury to Examine Night of Alleged Horror Perpetrated by Galveston Police

Federal Jury to Examine Night of Alleged Horror Perpetrated by Galveston Police

A former Houston Astros pitcher and 11 other guests attending a South Texas wedding party in 2008 go to trial next week on their allegations that Galveston police violently and…

Baker Botts Prevails in Critical Delaware Supreme Court Case

Baker Botts Prevails in Critical Delaware Supreme Court Case

The Delaware Supreme Court, in a precedent-setting decision involving a Dallas corporation, has ruled that a company’s board of directors can legally terminate its chief executive officer and fellow board…

Slack & Davis Leads Settlement for Deadly Blue Hawaiian Helicopter Crash

Slack & Davis Leads Settlement for Deadly Blue Hawaiian Helicopter Crash

The confidential settlement was for a 50-year-old Toronto man who died in a fatal crash in November 2011 aboard a Blue Hawaiian helicopter that was headed to the island of…

AZA Prevails in $11 Million Jury Verdict

AZA Prevails in $11 Million Jury Verdict

A Harris County jury awarded Houston-based Function One Consulting Group LLC $11.4 million Thursday for damages it suffered when a competitor made false accusations about it violating tax laws.…

Texas Lawyers Play Key Role in SCOTUS Securities Litigation Debate

Texas Lawyers Play Key Role in SCOTUS Securities Litigation Debate

When the U.S. Supreme Court conducted oral arguments this past week in a case that could potentially significantly restrict large class action securities lawsuits across the country, there was a…

The Ends Do Not Justify the Means: Pre-trial Asset Freezes Increasingly Paralyze the Defense

The Ends Do Not Justify the Means: Pre-trial Asset Freezes Increasingly Paralyze the Defense

Imagine you are a respected businessman or licensed professional but you suddenly learn through media reports that you are under investigation for fraud. Nothing has been proven but the federal…

Eastern District Facilitates Patent Cases with New Case Management Order

Eastern District Facilitates Patent Cases with New Case Management Order

It is the first action in the nation by a federal district court to create a special track to limit the expense of patent cases.…

Gibson Dunn Leads Luminant in $500 Million Federal Court Victory

Gibson Dunn Leads Luminant in $500 Million Federal Court Victory

A federal judge rejected Sierra Club claims that Luminant violated emission standards under the federal Clean Air Act at its Big Brown Power Plant.…

Bank Fraud Lawsuits Target NexBank Securities, A Client, Accountants and Lawyer

Bank Fraud Lawsuits Target NexBank Securities, A Client, Accountants and Lawyer

Two national financial lenders have sued Dallas-based NexBank Securities and its investment banking subsidiary, one of its clients and the client’s accountants and a lawyer for conspiring together to commit…