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Midland Jury Personal Injury Award Sets County Record - A jury in Midland on Friday returned a $5.9 million verdict against an oil field company from Glen Rose and an employee who killed four people while speeding to work in a rainstorm. The verdict is believed to be the largest ever in a personal injury case in Midland County. May 13, 2021
Updated: Judge Dismisses NRA Bankruptcy as Bad Faith Filing - A bankruptcy petition filed by the National Rifle Association in January was dismissed Tuesday afternoon by a federal bankruptcy judge who declared the controversial petition as having been filed in bad faith. May 11, 2021
CDT Roundup: 16 Deals, 10 Firms, 155 Lawyers, $10.4B - SPACs are finding their targets faster, according to a new PitchBook analysis. But that could slow again. The CDT Roundup explains all that along with its usual review of last week's transactions. May 11, 2021
Pandemic Hampered Hiring in 2020, Texas Lawyer Headcount Flat - The top 50 corporate law firms operating in Texas added an average of one lawyer per firm in 2020. Firms now flush with business are worried about overworking their lawyers and are keen to hire new lawyers in 2021, but the talent just isn't available. Of course, even one new face is more than most industry insiders anticipated a year ago as the Covid-19 pandemic and sinking oil prices plunged the economy into recession. The Texas Lawbook has the data and an in-depth report. May 11, 2021Day 1: Witnesses say ETE Offering Was ‘Seriously Adverse’ to Williams Investors in $38B Merger - Key negotiators for The Williams Companies in its failed 2016 merger with Energy Transfer Equity testified Monday in the Delaware Court of Chancery about an equity offering executed by ETE that they say breached the parties’ $38 billion merger agreement because of how unfair it was to Williams shareholders. But they didn't go unchallenged on cross-examination. May 10, 2021
Centerpiece
A Tale of Two Pipeline CEOs Under Oath – Williams v. ETE Trial Continues - The company leaders behind both The Williams Companies and Energy Transfer have taken the stand in the final trial involving companies’ contentious legal battle over their failed $38 billion merger. Both got grilled, but one CEO’s cross-examination appeared to be more brutal than the other. May 13, 2021
Expert Voices
Bill and Melinda Gates – The Really Rich Really Are Different - Unlike the Hollywood divorce, where the high-profile divorce lawyers feed the publicity machine, that’s not the case with the Bill and Melinda Gates divorce. The lawyers for both sides are really good and really discreet. And If you are counting on the tabloids to inform you, just remember this: THE REALLY RICH ARE REALLY DIFFERENT. May 10, 2021
Stories You Might’ve Missed
Forest Park Fraud Prosecutor: ‘It Comes Down to Greed and Arrogance’ - Assistant U.S. Attorney Andrew Wirmani has never spoken publicly about the unprecedented federal criminal charges he brought against 21 Forest Park Medical Center officials, including nine surgeons and doctors.
Until now.
In an exclusive in-depth interview with Texas Lawbook reporter Bruce Tomaso, Wirmani discusses the tips that launched the investigation, the innovative legal strategy he and his team employed, and how the Forest Park prosecution success is being replicated in other jurisdictions. April 5, 2021
