Free Speech, Due Process and Trial by Jury
The client calls and texts started on Election Night, as the blue-shaded Texas results grew deeper and deeper on the ballot. Clients wanted to know what to make of it, what changes they could expect. But their Texas lawyers were just as shocked as their clients. And days later they are cautiously optimistic, even hopeful, that a Blue slate in Texas will keep the money green.
Weil, Gotshal & Manges was still profitable when its leaders moved to wind down the 95-year-old firm. Current and former partners say a long-running fight over growth, including how hard to invest in Texas, cost the firm talent it couldn’t replace. Now its roughly 70 Texas lawyers, who brought in roughly $118.2 million last year, are weighing offers.
On a day when Anthropic's IPO went public, one of its largest vendors and largest lenders moved to shore up its AI compute chain in a buy/lease arrangement with four major AI investors.
Texas M&A volume and value fell together in the third quarter, the first such drop since 2025, and dealmakers point to Gov. Greg Abbott’s pause on data center grid connections and permits. Some investors, even those with behind-the-meter power, are using the pause to make sure their billions in power infrastructure investments will pay off.
The acquisition — advised by Gibson Dunn, Milbank and Latham & Watkins — opens the door for the company's Starlink network to connect directly with cellular customers. And compete directly with cellular providers like Verizon and AT&T.
The deal signals Devon’s effective exit from the Eagle Ford to focus on the Permian Basin. Latham & Watkins and Vinson & Elkins served as outside legal advisors for Crescent, while Kirkland & Ellis represented Devon.
In a wide-ranging interview, Gibson Dunn capital-markets leader Hillary Holmes takes Texas Lawbook subscribers inside a career that placed her at the center of SpaceX’s historic public offering this year. But that is only the latest chapter in a much deeper Texas story that charts her rise from the Houston “deal room” of her childhood to one of the country’s top corporate lawyers, known for her instinct to see beyond the transactions themselves.
Jackson Walked picked up two new partners to their Houston office with the addition of an immigration lawyer from Foster LLP and debt finance lawyer poached from Kirkland & Ellis.
On Monday, in apparent response to concerns about potential disruption to the Texas electrical grid, Gov. Greg Abbott ordered the state’s top two energy agencies to pause any new data center grid connections while the effect of those connections is studied by the state.
The deal for the Houston-based valve distributor provides both tech and customer-base expansion for Ferguson's push into data center infrastructure air and water services. Orrick, Kirkland and Foley are advising.
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