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Bellaire Lawyer and Client Sanctioned $150K for Telling ‘Numerous Outright Lies’ - A state judge sanctioned a Bellaire lawyer $150,000 after finding that the lawyer filed false and frivolous claims on behalf of his Chinese client, including one of residence near his failed Houston area chicken restaurant, while he was apparently living in Shanghai. January 26, 2021Natalie Posgate
Another Fertitta SPAC Deal; This One for $875M - The SPAC market’s hot streak continues with a multibillion-dollar deal involving a blank-check firm helmed by Houston hospitality mogul and NBA team owner Tilman Fertitta. White & Case and Ropes & Gray are advising. January 26, 2021Caroline Evans
Latham Advises on Two $1B+ SPAC Deals - The two deals, part of a huge spate of SPACs advised by Latham involve business software and solar fintech. Caroline Evans has the names of the lawyers involved. January 25, 2021Caroline Evans
V&E, Latham, Mayer Advise on $2.6 Billion EV Charging SPAC Merger - EVgo, a Los Angeles-based electric vehicle charging outfit that opened its first-ever station in Texas in 2011, is set to go public through a merger with New York-listed blank-check firm Climate Change Crisis Real Impact I Acquisition. Proceeds from the deal will fund the company's ambitious expansion plans. January 22, 2021Caroline Evans

Centerpiece
Bankruptcy Experts: Middle Market’s ‘Day of Reckoning is Coming’ - Corporate bankruptcies in Texas shattered all records during the first 11 months of 2020, as the Covid-19 pandemic and struggles in the oil patch sent an historic number of large, multibillion-dollar companies rushing to federal court to restructure. All that changed in December, as Chapter 11 business bankruptcies plummeted more than 60% from November.
But bankruptcy experts see a second blitz of bankruptcies – this time filed by middle market and smaller companies, which will be much more difficult to restructure – hitting the Texas courts in Q2 and Q3 2021.
January 25, 2021Mark Curriden
Expert Voices
Appellate Year 2020 in Review: SCOTX and the Fifth Circuit - The Texas Supreme Court and the Fifth Circuit transitioned to remote arguments and kept busy dockets in 2020. The federal appellate court handed down key decisions offering guidance to businesses and commercial litigators regarding judgment finality, jurisdiction and removals. The state Supreme Court issued 32 emergency pandemic-related orders, clarified the high standard for sanctions under the court’s inherent authority and resolved a longstanding conflict on an issue of appellate procedure. The appellate experts at Haynes and Boone have the details. January 15, 2021Anne Johnson, Ben Mesches & Alicia Pitts
Stories You Might’ve Missed
In the Push for Diversity at the Top, Norton Rose Fulbright Finds Sponsorship vs. Mentorship is Key - All corporate law firms struggle with racial and gender diversity, but Norton Rose Fulbright appears to have figured out the formula for inclusion among its highest ranks. Four of its U.S. management committee are women - three are women of color. The firm's new global chair is an African American woman. Six of the 11 associates promoted to partner this week are ethnic minorities or women. The data begs the question: How did a century old global law firm achieve so much diversity in its leadership ranks? January 4, 2021Mark Curriden