Bradley Adds Another Partner in Dallas
Bradley Arant Boult Cummings named Jeffrey M. Harvey partner in its corporate and securities practice group in Dallas.
Brookfield Acquires 19.7% Stake in Duke Energy Florida for $6B
Global investment firm Brookfield Asset Management acquired a 19.7 percent stake in Duke Energy Florida for $6 billion. The utility plans to use proceeds to further its energy modernization strategy and reduce debt. Kirkland & Ellis and Skadden Arps advised.
Baker Hughes to Buy Chart Industries in $13.6B All-Cash Deal
Baker Hughes said on Tuesday it has agreed to acquire Chart Industries for $210 a share in cash, or about $13.6 billion, as the Houston energy technology company furthers its expansion in liquified natural gas and data centers. Also Tuesday, Irving-based Flowserve Corp. said it terminated its offer to acquire Chart because the Baker Hughes offer is a “superior proposal.”
Veteran Houston Partner Jumps from Latham to Simpson
Bryce Kaufman spent nearly 12 years in the Houston offices of Latham, specializing in multilayered financial transactions. He joins Simpson Thacher's growing Houston office to focus on energy and infrastructure to help clients seeking financing solutions.
Skadden Hires Two M&A Partners from White & Case
Skadden has added two oil and gas veterans to its M&A team in Houston. In a news release Monday, the firm said Mingda Zhao and Emery Choi will advise energy and infrastructure clients, as well as private equity funds on mergers and acquisitions, joint ventures, investments and other energy transactions.
Weil Advises PE Firm in Selling Stake as Part of $1.2B Deal
PSG Equity said it completed the sale of a minority stake in SevenRooms on June 16 to DoorDash as part of the food delivery service’s $1.2 billion acquisition of the customer relationship management technology company. Weil acted as legal counsel to PSG, with David Gail leading the transaction from Dallas. Madeleine Carpenter, an associate in Weil’s Dallas office, was also on the team.
Hines’ Richard Heaton ‘Listens But Does Not Hesitate’
To build a global group of lawyers from the ground up, a leader needs to communicate clearly about the culture being created while also earning the trust of business partners and scaling the function across geographies and practice types. In a dozen years at Hines, the private, Houston-based real estate investment giant, Chief Legal and Compliance Officer Richard Heaton has done just that by recruiting and training lawyers to work as one team across the 30 countries where the company operates. The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook congratulate Heaton for being selected as one of two finalists for the 2025 Houston General Counsel of the Year Award. The awards ceremony is set for May 22 at the Four Seasons downtown.
Premium Subscriber Q&A: Richard Heaton
In this Q&A with The Texas Lawbook, Hines Chief Legal and Compliance Officer Richard Heaton discusses the traits he seeks in outside counsel, what outside counsel need to know when working with him and more.
Municipal Bond Boom Continues as Texas Cities Sell $68B in Bonds to Keep Pace with Migration
Texas continues to experience rapid population growth, adding nearly 563,000 new residents in 2024, pushing its population north of 31 million. To accommodate this influx, municipalities issued about $68 billion in bonds last year to fund critical infrastructure projects like schools, hospitals, and roads. The leading bond counsel firm in the state, McCall Parkhurst & Horton, advised on 372 bond issues last year as managing partner Mark Malveaux attributes the steady bond activity to the strong Texas economy and robust demand for public services and infrastructure.
FirstService Residential GC LaToyia Pierce Frink is a ‘Proactive Agent of Change’
Change management requires a leader who values continuous learning and team building. It begins with empathy and effective listening to identify how to best utilize each person’s skills for team success. This role is similar to that of a point guard or a quarterback, where collaboration and a broad perspective are key to achieving larger organizational goals efficiently.
Upon becoming vice president of legal affairs and general counsel at FirstService Residential Inc., LaToyia Pierce Frink began the task of uniting six regional offices into one cohesive team to consolidate the company’s legal approach and streamline its strategies, and improved internal communication to inform managers about cross-regional legal issues that could impact their work.
For these attributes and more, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook have selected Pierce Frink as one of two finalists for the 2024 DFW General Counsel of the Year Award for a Midsize Legal Department, which is six to 20 lawyers.