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CDT Roundup: 10 Deals, 5 Firms, 52 Lawyers, $1.68B - Deal flow involving Texas lawyers was slower than slow this past week. But better times may be ahead, with one firm predicting an increase in North American transactions in the second half of 2019, particularly in energy and power, materials and consumer/retail. Claire Poole reports. August 19, 2019
Fifth Circuit Hands Win to TX Billionaire for Due Process Violations by Moroccan Court - In addition to the compelling elements the case brings - royal intrigue, a foreign proceeding, a billionaire, and even a death threat - the case involves novel legal issues that any appellate lawyer would gobble up. Natalie Posgate explains. August 16, 2019
Judge Awards $339M in Home Healthcare Fraud Qui Tam Action - A federal judge in Dallas on Wednesday ordered four healthcare professionals to pay the federal government $339.4 million in a whistleblower action tied to one of the largest home healthcare fraud cases in U.S. history. August 15, 2019
Six Forest Park Defendants Seek Acquittals or New Hearings - In separate pleadings filed last week, six of the defendants found guilty in the spring for their roles in a bribery and kickback scheme at the now-defunct Forest Park Medical Center are asking the U.S. District Court in Dallas for judgments of acquittal or, alternatively, new trials. Texas Lawbook correspondent Bruce Tomaso provides a summary of the arguments. August 15, 2019
Corporate Bankruptcies: ‘Calm before the Storm’ in TX - Business bankruptcy filings in Texas plummeted during the first six months of 2019, but experts predict a financial storm is brewing that could force hundreds and hundreds of Texas businesses into insolvency. "We are beginning to see some bad signs,” says Sidley's Duston McFaul. "Another wave is on the way," says Jackson Walker's Elizabeth Freeman. Adds Lou Strubeck: “We are on the cusp of something big happening.” The Texas Lawbook has new data and complete details in Part One of a series. August 14, 2019Centerpiece
Bankruptcies = Big Dollars, Big Risks for Texas Corporate Law Firms - Nine corporate law firms in Texas have added lawyers to their bankruptcy practices and 20 other firms are aggressively recruiting experienced restructuring partners. Legal and financial advisors believe a surge of business bankruptcies is heading toward Texas and there is big money to be made representing clients in deep economic distress. August 20, 2019Expert Voices
Gamer’s Lawsuit Highlights Issues in Esport Player Contracts - Online gaming star "Tfue" recently sued his gaming organization, the FaZe Clan, alleging that his player contract is "grossly oppressive, onerous, and one-sided." What does this lawsuit tell us about the state of esports contracts? Johnathan Jordan of KRCL explains. August 20, 2019
