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Fifth Circuit Rules for UT in Race Admissions Case – Updated

Fifth Circuit Rules for UT in Race Admissions Case – Updated

A federal appeals court ruled late Tuesday that the University of Texas’ use of affirmative action is a fair and constitutionally permissible approach to admitting students.…

Energy Future Holdings: Valuation Issues Hover Over Bankruptcy Proceedings

Energy Future Holdings: Valuation Issues Hover Over Bankruptcy Proceedings

By Don Erickson and Bryce Erickson – (July 10) – Valuation issues are front and center of the EFH bankruptcy. A few of the critical existing and potentially emerging valuation…

V&E and T&K Advise in Marcellus Shale Transactions

V&E and T&K Advise in Marcellus Shale Transactions

The two deals involved Chesapeake, Rice Energy, Warren Resources and Citrus Energy and have a combined value of close to $700 million.…

Litigation Boutiques Hitting Third Wave in Houston

Litigation Boutiques Hitting Third Wave in Houston

Nowhere has the trend been more prevalent than Houston, where many of these lawyers who strike out on their own compare themselves to oil wildcatters.…

Locke Lord Advises Memorial on $915 Million Oil Assets Acquisition

Locke Lord Advises Memorial on $915 Million Oil Assets Acquisition

Houston-based Memorial Production Partners LP recently acquired oil producing properties in Wyoming from Dallas-based Merit Energy Company. …

American Airlines: From Chapter 11 to the World’s Largest Airline

American Airlines: From Chapter 11 to the World’s Largest Airline

The two authors of the article, Dallas partners at Weil, explain how American emerged from Chapter 11 in December 2013 as one of the most successful Chapter 11 reorganizations in…

Baker Botts and V&E Advise in $2.3 Billion Energy Asset Transaction

Baker Botts and V&E Advise in $2.3 Billion Energy Asset Transaction

Houston-based LINN Energy, LLC has agreed to purchase $2.3 billion worth of drilling assets from Oklahoma City-based Devon Energy. …

Obama Nominates Three to Federal Judgeships in Texas

Obama Nominates Three to Federal Judgeships in Texas

The names of Robert Pitman of San Antonio, Texarkana's Robert Schroeder III, and Sherman Magistrate Amos Mazzant III have been sent to the U.S. Senate for confirmation. …

SCOTX’s Silence Hands ARGO Win in Minority Shareholder Dispute

SCOTX’s Silence Hands ARGO Win in Minority Shareholder Dispute

The Supreme Court of Texas has rejected an appeal by Dallas businessman Bala Shagrithaya in his $40 million shareholder litigation against ARGO Data Resources, the software solutions business he co-founded…

Texas Firms Oppose Bar Disciplinary Counsel’s Ban on “Chief Officers”

Texas Firms Oppose Bar Disciplinary Counsel’s Ban on “Chief Officers”

More than 50 law firms have asked the Texas Supreme Court Professional Ethics Committee to reconsider an ethics opinion issued last month that prohibits law firms from identifying non-lawyer employees…

American Airlines Insiders Provide Exclusive Behind-the-Scenes Recap of Historic Bankruptcy and Merger

American Airlines Insiders Provide Exclusive Behind-the-Scenes Recap of Historic Bankruptcy and Merger

Long-time American GC Gary Kennedy and other in-house and outside counsel in the American Airlines bankruptcy and merger with US Airways on Tuesday provided the most extensive behind-the-scenes tour of…

Successful Merger of American Airlines and US Airways Shows Facts, Facts, Facts Critical to Antitrust Review

Successful Merger of American Airlines and US Airways Shows Facts, Facts, Facts Critical to Antitrust Review

The merger of American Airlines and US Airways may be the last combination of large U.S. air carriers for a long time.…

SCOTX: Courts Cannot Order Corporations to Buy Out Minority Shareholders – UPDATED

SCOTX: Courts Cannot Order Corporations to Buy Out Minority Shareholders – UPDATED

Texas' highest court has reversed two lower court rulings that a minority shareholder was entitled to “fair market value” for his or her shares, including “discounts for lack of marketability…

SCOTUS says abstract ideas not patentable, even with computer help

SCOTUS says abstract ideas not patentable, even with computer help

A unanimous Supreme Court ruling Thursday will help courts apply existing patent laws to software inventions, experts say.…

Easier Removals from State to Federal Court?

Easier Removals from State to Federal Court?

Plaintiffs often try to avoid invoking federal law to prevent removal, while defendants argue that substantial federal issues remain that justify jurisdiction in federal court. The Fifth Circuit may have…

Experts: ZeniMax Case Against Oculus Looks Strong

Experts: ZeniMax Case Against Oculus Looks Strong

The Richardson video game maker id Software and its parent, ZeniMax Media, have laid out a detailed list of grievances in a trade secret dispute with Oculus VR, outside experts…

10 Months In, New Trade Secret Law is ‘Important Development’

10 Months In, New Trade Secret Law is ‘Important Development’

Some 10 months after a new state trade secret statute became effective, an expected surge in litigation hasn't ensued, experts say. …

UPDATE: Gardere, Weil and Latham Advise in $450 Million Merger Agreement

UPDATE: Gardere, Weil and Latham Advise in $450 Million Merger Agreement

Dallas corporate attorneys from the two firms are advising Southcross Energy LLC and TexStar Midstream Services, LP as they combine and form a new company.…

SEC Probe of Key Energy May Expand

SEC Probe of Key Energy May Expand

The U.S. Securities and Exchange Commission is investigating Houston-based Key Energy Services for possible violations of federal bribery laws involving its operations in Mexico and Russia, according to corporate documents…

HayBoo and Reese Gordon Marketos Score a Victory for TGI Fridays

HayBoo and Reese Gordon Marketos Score a Victory for TGI Fridays

A Dallas jury ruled in favor of the Carrollton-based restaurant chain regarding a bitter joint venture dispute involving restaurants at the DFW Airport.…