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UnitedHealthcare Hit with $60M Punitive Verdict in Nevada Suit by ER doctors - After finding last week that that the insurance giant acted with malice, oppression and fraud in setting low reimbursement rates for claims submitted by the plaintiff physicians, the jury reconvened Tuesday to decide punitive damages. December 7, 2021The Latest ‘Bar Wars’ Wrinkles: a Final Judgment and a Cert Petition - As lawyers who oppose mandatory membership in the Texas State Bar ask the U.S. Supreme Court for review of a Fifth Circuit decision, the trial judge in the case has issued a final judgment that may allow the bar to proceed with its plans to comply with the circuit’s holding. December 7, 2021
Toyota and Reavis Family Reach Settlement - Toyota Motor Corp has reached a settlement in a case on appeal in which a Dallas family obtained a $213 million judgment in a car crash case, according to a joint motion the parties filed with the Supreme Court of Texas on Wednesday.
The settlement agreement follows the preservation of the nine-figure judgment this summer in Dallas’ Fifth Court of Appeals and a 2018 jury trial that rendered a $242 million verdict for Benjamin and Kristi Reavis and their two young children, Emily and Owen, who suffered permanent brain damage after a 2016 rear-end crash in the family’s Lexus ES 300. December 3, 2021
DBJ: Match to Pay $441M in Lawsuit Settlement with Early Tinder Employees - The heated, highly-publicized trial in New York between Match and Tinder founders came to a screeching halt as the parties reached a $441 million settlement, a new regulatory filing by Match Chief Business Affairs and Legal Officer Jared Sine revealed. Leading the settlement were New York lawyers from Gibson Dunn, Wachtell and Susman Godfrey. December 1, 2021
CDT Roundup: 9 Deals, 10 Firms, 101 Lawyers, $3.5B - Global M&A is at record levels. Private equity deals, too. And tech is leading the way. Though energy is still king in Texas, technology (and PE investments in technology) are setting the pace for the kind of year people may remember when there's a new election for king. More on that and all the deals from a three-day work week in the CDT Roundup. December 1, 2021
Centerpiece
2021 Houston CCA Winners: TechnipFMC CLO Victoria Lazar, HP’s Brad Hartz, PROS’ Mary Isensee - The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook are pleased to announce the final three categories for the 2021 Houston Corporate Counsel Awards and the recipients for each of those honors. Those categories are Rookie of the Year, Business Litigation of the Year and Lifetime Achievement Award. In-depth profiles of the finalists and winners will be published over the next month. December 6, 2021
Expert Voices
SEC’s Recent Enforcement Actions a Sign of Increased Scrutiny of SPACs - Calls for heightened scrutiny of an emerging alternative to IPOs for going public include recent calls for scrutiny of a SPAC deal involving a media company controlled by former President Trump and a high profile action from the SEC's Fort Worth Regional Office. December 6, 2021
