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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…

Life Partners Wins and Loses in The Same Week

Life Partners Wins and Loses in The Same Week

The federal jury found the company and two executives did not defraud investors or commit insider trading, but that they did commit other securities violations.…

Schick & Copeland Bolt V&E to Start Houston Firm

Schick & Copeland Bolt V&E to Start Houston Firm

Come to find out, old dogs do learn new tricks. Bob Schick and Morgan Copeland have opened a business litigation boutique.…

UPDATE: Jury Says ETP and Enterprise Were in a Partnership, Awards $319 Million

UPDATE: Jury Says ETP and Enterprise Were in a Partnership, Awards $319 Million

A Dallas jury, in a potential landmark verdict that has attracted a lot of attention from energy companies and general counsel, ruled last Tuesday that two businesses can be involved…

Meet Chief Judge Carl Stewart: “A Brilliant Legal Mind Housed in a Very Nice, Regular Person”

Meet Chief Judge Carl Stewart: “A Brilliant Legal Mind Housed in a Very Nice, Regular Person”

The Fifth Circuit's chief judge has lived an extraordinary life and experienced discrimination that would make most people bitter and angry for life. Yet his colleagues on the federal appeals…

Hecht is Now Longest Serving Texas Justice Ever

Hecht is Now Longest Serving Texas Justice Ever

Chief Justice Nathan Hecht has served more than 9,157 days on the Texas Supreme Court, making him the longest serving justice in history.…

Three Texas Energy Giants Take Multibillion-dollar Dispute to a Jury

Three Texas Energy Giants Take Multibillion-dollar Dispute to a Jury

When does a business relationship become a partnership? That question is at the heart of a multibillion-dollar dispute involving Energy Transfer Partners, Enterprise and Enbridge Inc. that is scheduled…

Akin Gump Prevails in $4 Million Jury Verdict

Akin Gump Prevails in $4 Million Jury Verdict

A Texas neurosurgeon won $4 million in damages when the jury determined last week that a medical device company misappropriated his trade secret.…

Antitrust Lawsuits Jump in Texas, But Still Far Behind Other States

Antitrust Lawsuits Jump in Texas, But Still Far Behind Other States

Federal antitrust complaints lodged in Texas by both individuals and businesses against other corporations hit a six-year high in 2013 and is more than triple the number of such lawsuits…