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Wallace Jefferson Reveals Clues to His Improbable Journey - The history-making justice and chief justice of the Texas Supreme Court recounts his personal and family history at a ceremony unveiling his portrait. The great-great-great grandson of a once enslaved man who served on the Waco City Council during Reconstruction, Jefferson remembers ancestor Shedrick Willis along with the judge who once held Willis in bondage but later joined him in guiding Waco into a new era. (Photo by Mark Matson) September 12, 2024SCOTX Hears Guardianship Divorce Case to Open Term - The $32 million estate of wealthy Laredo lawyer and businessman Carlos Benavides is at the center of the battle over a divorce initiated by his daughter and guardian. His fourth wife argues that her challenge to the divorce decree was not mooted by Benavides’ death amidst the appeal and that Texas law does not allow a guardian to petition for divorce on behalf of a ward. The daughter says that spousal lack of care for her mentally incapacitated father caused her to remove Benavides from his marital home. The Supreme Court this week is hearing other high-profile cases involving police immunity, defamation and professional discipline over a filing contesting the 2020 election. September 11, 2024
Expert Voices
Lessons from the Wind-Up of the SEC’s First Major ‘Care Obligation’ Reg BI Enforcement Action - In 2022, the SEC brought its first enforcement action centered on the alleged failure of a broker-dealer and its associated persons to comply with the Regulation Best Interest (Reg BI) “care obligation.” The SEC sought to use the case to impose a new standard of knowledge and education about investments upon investment professionals. A close read of the case has important lessons for both financial professionals and attorneys who represent them. September 10, 2024
FTC Noncompete Ban Invalidated Until Further Notice - Judge Ada Brown’s opinion is both well-reasoned and well-written, but it is not surprising. In light of the invalidation of the FTC’s rule, employers can breathe easy. Of course, the FTC can, and likely will, appeal the decision. August 23, 2024
