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Statewide Need is Great for Pro Bono Legal Work on Border Crisis – Updated

Statewide Need is Great for Pro Bono Legal Work on Border Crisis – Updated

Lawyers across the state are getting involved in pro bono projects to help the migrant children arriving from the border crisis, but Texas’ highest ranking judge says more of them…

DMN: Ex-Recognition Equipment CEO Loses Trial to End 25 Years Battle

DMN: Ex-Recognition Equipment CEO Loses Trial to End 25 Years Battle

A nine-member federal jury just ended former Dallas CEO William Moore’s 25-year journey to punish the postal inspectors he claims conspired — unsuccessfully — to send him to prison in…

Locke Lord Closes $800 Million Sale of TGI Fridays

Locke Lord Closes $800 Million Sale of TGI Fridays

Mounds of attorneys from the firm's Dallas office helped Carlson Restaurants sell the franchise to two private equity firms. …

Bloomberg: EFH May Scrap Initial Reorganization Plan

Lawyers for Energy Future Holdings Corp. told a bankruptcy judge in Delaware today that the Dallas power company may abandoned its pre-negotiated restructuring and reorganization plan it proposed when it…

Weil Leads Closing of PetroLogistic’s $2.1 Billion Sale to Flint Hill Resources

Weil Leads Closing of PetroLogistic’s $2.1 Billion Sale to Flint Hill Resources

The Houston-based propylene producer was acquired by Kansas-based Flint Hills Resources, which is a subsidiary of the giant private multinational corporation, Koch Industries.…

Andrews Kurth, Hogan Lovells and Bracewell Advise in $1 Billion JV

Andrews Kurth, Hogan Lovells and Bracewell Advise in $1 Billion JV

The companies, NRG and JX Nippon Oil & Gas Exploration, claim the JV will build the world’s largest cost-combustion carbon capture and sequestration (CCS) facility on an existing coal plant…

Baker Botts Advises in Noble Spinoff of Paragon Offshore

Baker Botts Advises in Noble Spinoff of Paragon Offshore

Following the spinoff, Noble will own and operate one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. …

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…