In the cash-and-stock deal, Dallas-based Sunoco has agreed to to maintain a headquarters in Canada, along with Canadian employment, with Stikeman Elliott, Vinson & Elkins and Weil advising Sunoco on the transaction. But the deal is likely to be challenged in court by Parkland’s largest stockholder.
CDT Roundup: Deal Volume Drops, But Big Moves Capture Spotlight
We saw a major DFW brand, Sabre, make a $1.1 billion divestiture, a shipping logistics acquisition, a good-sized banking deal, funding for a social care navigation platform, the acquisition of a Mexico-based supply chain platform and a $400 million PE commitment to a new E&P.
Janice Davis Makes Move to Haynes Boone from Morgan Lewis
The Baylor Law School grad moves to Haynes Boone after six years at Morgan Lewis — with the last five as managing partner of the firm’s Dallas office.
TPG to Acquire Sabre Subsidiary for $1.1B
Southlake-based Sabre, plans to use the proceeds from the all-cash transaction to reduce debt and focus on its core business objectives. Haynes Boone and Davis Polk advised on the deal.
Outtakes from the NDTX Bench Bar Conference
As we reported on the day of the event, the 2025 Bench Bar Conference for the Northern District of Texas held April 11, began with a bit of a bang. U.S. District Judge David Godbey caused an early stir by describing the level of personal threats against himself and against other judges and their families as a threat to judicial independence. Here are a few other notable outtakes from conference.
V&E’s Michael Marek moves to Kirkland
Marek had been a frequent presence on corporate teams at Vinson & Elkins, including some of the firm’s largest deals in 2025. Marek had been with V&E since his graduation from University of Texas School of Law in 2014.
Judge Godbey: Threats Against Judges are a Threat to Judicial Independence
The event was described as a “fireside chat,” intended as a brief, informal Q&A session to kick off the 8th Annual Bench Bar Conference for the Northern District of Texas. The discussion featured NDTX District Clerk Karen Mitchell and NDTX Chief Judge David Godbey. They began by addressing the dynamics of the district and common challenges related to budgeting and policy, including the impact of AI. However, the conversation also took a more serious turn as they talked about the issue of judicial death threats. “Non-elected, active citizens will send me death threats and publish my personal information on the internet and encourage like-minded people to try to kill me,” he said. “That’s a different ballgame.”
Middle-Market PE Report Reflects a Sense of Optimism Undermined
The 2025 Katten Middle-Market Private Equity report released Thursday was based on bullish post-election December business optimism. But the early and aggressive moves by the Trump Administration forced the report sponsor, Katten, to reassess its data — to the point of authorizing a “flash survey” to gauge whether optimism had survived.
CDT: 2025 Capital Markets Transactions
Below is a list of qualified capital markets transactions reported to The Texas Lawbook during 2025. The list is organic, designed to grow as deals are reported. So if you have deals
Energy Transfer Wins $660M Jury Verdict Against Greenpeace in Dakota Access Pipeline Case
The torts and defamation case centered on the role of Greenpeace, the activist international environmental group, on protests in 2016 and 2017 against a controversial North Dakota pipeline. Greenpeace, based in the Netherlands, said the verdict could cause an end to its U.S. organization. Trey Cox, a Dallas partner at Gibson Dunn & Crutcher, led the legal effort for the plaintiffs with an all-Texas team.