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Energy Deals on the Upswing, with Three Transactions Worth $7.3B Announced involving Eight Texas Law Firms

Three deals totaling $7.3 billion announced within 24 hours of each other show that dealmaking is picking up in the oil and gas sector. Two involved midstream assets and…

CDT Weekly Roundup: 11 Firms, 106 Lawyers, 16 Transactions Worth 2018 Record-Setting $68.6B

The deal spigot was full-blast this past week, with 16 transactions announced worth $68.6 billion – a weekly record for the year. Eleven law firms and 106 lawyers in Texas…

Texas IPO Activity 2017-18: The Return of Oilfield Services and the Rise of the SPAC

Texas IPO Activity 2017-18: The Return of Oilfield Services and the Rise of the SPAC

In 2017 and the first half of 2018, 32 IPOs of Texas headquartered companies were completed, raising approximately $9.7 billion of gross proceeds (excluding, any exercise of the underwriters’ green…

‘No Easy Day’ Case Settles

‘No Easy Day’ Case Settles

A legal malpractice lawsuit involving a first-hand account about the SEAL raid that resulted in the death of Osama bin Laden has been settled. Dallas lawyer Randy Johnston represented the…

Appeals Court Revives Dallas Probate Case Over Alleged Judge/Attorney Misconduct

Appeals Court Revives Dallas Probate Case Over Alleged Judge/Attorney Misconduct

A $100 million business divorce case in which a Dallas probate judge is accused of having a secret relationship with an attorney in the case is headed back to court…

SEC Closes Climate Change Probe into ExxonMobil

SEC Closes Climate Change Probe into ExxonMobil

The U.S. Securities and Exchange Commission has ended its two-year inquiry into ExxonMobil and how the oil giant factors climate change into the valuation of its corporate assets.…

ETE To Acquire ETP in Blockbuster $62B Transaction

It is one of the largest simplification transactions in the oil and gas midstream industry.…

More TX Business Groups Oppose AG Paxton’s Litigation against DACA

The Dallas Regional Chamber of Commerce, the San Antonio Chamber of Commerce, the Texas Restaurant Association and eight other pro-business groups and companies filed federal court papers late Wednesday joining…

For Law Librarians and Firms, LexisNexis Dispute Could Have Serious Ramifications

Last summer, LexisNexis began tying access to standalone products such as Law.com to subscriptions to its Lexis Advance platform. In response, the American Association of Law Librarians has argued that…

CDT Weekly Roundup: 13 Firms, 95 Lawyers, 15 Deals Worth $15.1B

Deal activity this past week came close to the 2018 record. Helped along by BHP Billiton’s massive sale of its U.S. shale assets to BP and Merit Energy for $10.8…

Four different law firms advise on two energy-related infrastructure deals worth $2.3B

Texas lawyers from four different law firms were involved in two energy infrastructure-related deals announced Monday that together amounted to nearly $2.3 billion.…

DBJ: DOJ wants Bench Discussions between AT&T and Judge Unsealed

The U.S. Justice Dept. wants a federal appeals court in the AT&T case to make public conversations conducted at the bench between the trial judge and lawyers for both sides…

Oil Patch Busts Out With $12.8B Pair Of Deals Involving Seven Texas Law Firms

Oil Patch Busts Out With $12.8B Pair Of Deals Involving Seven Texas Law Firms

Australian mining giant BHP Billiton announced it sold its U.S. shale properties for $10.8 billion in cash. The buyers were BP, which picked up BHP’s Eagle Ford, Haynesville and Permian properties…

Toyota Legal Dept. Faces First Hometown Litigation Test

Toyota Legal Dept. Faces First Hometown Litigation Test

Toyota’s honeymoon in North Texas may be in jeopardy as a trial is underway that questions the carmaker’s integrity, corporate culture and the safety of its products. …

2018: So Far, So Good; But Why Only ‘Good’?

2018: So Far, So Good; But Why Only ‘Good’?

January 2018 was greeted by stable energy markets, pent-up private equity and a spanking new investor-friendly tax law. That sounds like the elements of a record year, right?…

Technology and the Lawyer’s Lot: Some Observations from History

For generations technology has been replacing human manual labor. But today's innovations are capable of doing increasingly complex “intellectual” tasks. Technology has already reshaped the practice of law, but will…

CDT Weekly Roundup: 15 Firms, 60 Lawyers, 13 Deals Worth $2.13B

Deal activity among Texas lawyers last week was dominated by transactions in the energy sector, from exploration and production assets changing hands to the continued consolidation of the oilfield services…

TX Businesses File Legal Brief Supporting DACA, Opposing Texas AGs Assault on Immigration Program

A federal lawsuit by Texas state officials seeking to order the end of the federal immigration program called the Deferred Act for Childhood Arrivals, or DACA, will have “immediate, irreparable…

Corporate Lawyers Lateral = Billions of Dollars of Legal Work on the Move

Corporate Lawyers Lateral = Billions of Dollars of Legal Work on the Move

When star Houston corporate lawyer Sean Wheeler moved his law practice to Kirkland & Ellis last week, he likely took his book of business with him. During the past 18…

TX Securities Board Leads Prosecution of Round Rock Real Estate Fraudster

A Nueces County jury took 15 minutes last week to find a Round Rock man guilty of real estate fraud. Yesterday, the judge in the case took even less time…

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