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ZeniMax, id sue Oculus in trade secret spat

ZeniMax, id sue Oculus in trade secret spat

A Richardson video game maker and its corporate parent are going after a California firm that they claim hasn’t compensated them for technical know-how they provided in making a virtual…

Jones Day Advises MPC in $2.87 Billion Acquisition

Jones Day Advises MPC in $2.87 Billion Acquisition

Ohio-based Marathon Petroleum Corporation will acquire Hess Corporation’s retail business, which is the largest chain of company operate gas stations and convenience stores on the East Coast. …

Oil CEO Denies SEC Allegations of Securities Fraud

Oil CEO Denies SEC Allegations of Securities Fraud

The SEC's Fort Worth Office has charged a 47-year veteran of the oil and gas industry and his Irving-based energy company with operating a $10 million investment fraud scheme.…

Chron: Former Astros Pitcher to Request New Police Brutality Trial

Chron: Former Astros Pitcher to Request New Police Brutality Trial

Jurors concluded four Galveston police officers used excessive force during a 2008 wedding reception, but deadlocked on former Astro Brandon Backe's $13 million request. …

Jury Issues $40 Million Verdict Against Baker Botts, Then Poof, The Money was Gone — Updated

Jury Issues $40 Million Verdict Against Baker Botts, Then Poof, The Money was Gone — Updated

A bone-chilling fear swept through lawyers at Baker Botts Thursday when a Dallas jury ruled that the Texas-based law firm acted negligently more than a decade ago when it represented…

Jury Deliberating Fate of Baker Botts’ Legal Malpractice Case

Jury Deliberating Fate of Baker Botts’ Legal Malpractice Case

Following three weeks of testimony, lawyers for Axcess International and Baker Botts gave closing arguments Wednesday to the six-person jury. Dallas-based Axcess is seeking $51 million in damages.…

Appellate Decision on Arbitration Delay is Grabbing Attention

Appellate Decision on Arbitration Delay is Grabbing Attention

The Amarillo Court of Appeals vacated an arbitration award based on an arbitrator’s unreasonable delay. The arbitrator took 19 months to make a ruling that parties in the case had…

Fifth Circuit Provides Guidance to GCs on Protecting Privilege

Fifth Circuit Provides Guidance to GCs on Protecting Privilege

Legal advice or a business discussion? This question is the key issue in most privilege disputes about in-house counsel. The Fifth Circuit, in a case involving ExxonMobil, addresses that question…

Jones Day Advises Atlas in $420 Million Rangely Field Assets Acquisition

Jones Day Advises Atlas in $420 Million Rangely Field Assets Acquisition

Atlas is acquiring oil and gas interests in the Rangey field in northwest Colorado from an undisclosed party.…

V&E Advises QEP in $772 Million Oil and Gas Property Sales

V&E Advises QEP in $772 Million Oil and Gas Property Sales

Denver-based QEP Resources, Inc. entered two agreements this week to sell oil and gas properties in the Western Anadarko Basin in Texas and Oklahoma to undisclosed parties.…

Gibson Dunn and Latham Advise on Riverstone — GE Deal

Gibson Dunn and Latham Advise on Riverstone — GE Deal

The private equity firm is buying Austin-based Wayne fuel dispensing business from GE. …

Sports Marketing Consulting Agency Sued on Malicious Prosecution Claims

Sports Marketing Consulting Agency Sued on Malicious Prosecution Claims

A former employee of Dallas-based Genesco Sports Enterprises, Inc. claims his old bosses made knowingly false statements about him to Dallas County prosecutors in an effort to fraudulently help the…

Latham and Bracewell Lead in $1.4 Billion Deepwater Gulf Deal

Latham and Bracewell Lead in $1.4 Billion Deepwater Gulf Deal

Less than 24 hours after divesting $3.1 billion in assets in the Eagle Ford Shale, Freeport-McMoRan announced Thursday it is buying Houston-based Apache Corp.'s interests in a Deepwater Gulf of…

Latham and Andrews Kurth Advise in $3 Billion Eagle Ford Assets Sale

Latham and Andrews Kurth Advise in $3 Billion Eagle Ford Assets Sale

Phoenix, Ariz.-based Freeport-McMoRan Copper & Gold is selling $3.1 billion of its Eagle Ford Shale assets to Canadian energy producer, Encana Corporation. Houston based lawyers led the M&A efforts on…

V&E and Gibson Dunn Advise in Sabine-Forest Merger

V&E and Gibson Dunn Advise in Sabine-Forest Merger

Houston-based Sabine Oil & Gas and Denver-based Forest Oil Corporation announced that they will merge their businesses. The combined company will be called Sabine Oil & Gas Corporation.…

Baker Botts Advises in Sallie Mae’s $7 Billion Spin-Off from Navient

Baker Botts Advises in Sallie Mae’s $7 Billion Spin-Off from Navient

Sallie Mae recently split from its loan management, servicing and asset recovery company, Navient. …

V&E Advises in Toyota’s HQ Move to Texas

V&E Advises in Toyota’s HQ Move to Texas

Toyota will unite its three North American headquarters under one roof in the Plano area of North Dallas. …

Baker Botts Advises EQT in Two Oil and Gas Transactions for $1+ Billion

Baker Botts Advises EQT in Two Oil and Gas Transactions for $1+ Billion

One involves a $1.18 billion sale to affiliate company, EQT Midstream Partners. The other involves a Permian Basin assets purchase from Range Resources for an undisclosed amount.…

SEC Charges Southlake Oil Firm with Fraud

SEC Charges Southlake Oil Firm with Fraud

The Fort Worth Regional Office says Guardian Oil and Gas and its principal, Rick D. Mullins, raised $6.5 million in an allegedly illegal oil and gas offering fraud.…

SCOTUS: Defendants in Frivolous Patent Cases Should Get Legal Fees

Justices gave wide deference to trial judges in deciding when awarding fees are appropriate.…