Free Speech, Due Process and Trial by Jury
A partner at Dallas private equity firm Kainos Capital is suing its other founders for allegedly stripping her interest in the company as millions in fees poured into an office run by a “frat house” culture.
Dallas private equity financier Newstone Capital Partners is aiming to raise $1.25 billion for a fourth fund, according to a recent regulatory filing.
A Delaware bankruptcy judge gave approval Monday for Dallas-based Energy Future Holdings to sell its 80 percent ownership stake in Oncor to Sempra. It was a key hurdle to clear before the Texas Public Utility Commission decides as early as March 8 whether to approve the deal. This article by DBJ reporter Jon Prior has details.
The Dallas Court of Appeals Tuesday upheld a lower court ruling for Dallas investment firm Highland Capital Management to recover nearly $288 million from Swiss bank Credit Suisse for a real estate deal gone wrong in the run up to the 2008 financial crisis. This Dallas Business Journal report has the details.
Dallas oil and gas company Exco Resources filed for bankruptcy this week as executives are in discussions with its creditors to restructure its troubled balance sheet. Exco has hired Kirkland & Ellis, which has offices in Houston and is also representing Energy Future Holdings in its bankruptcy, as its lead outside counsel to advise the company on its corporate restructuring.
Dallas private equity firm Trinity Hunt Partners, which is sponsored by the Lamar Hunt family, is betting on a growing trend of lawyers outsourcing part of their grueling trial work to outside specialists.
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