Charlotte Rasche has handled more than 30 M&A transactions for Prosperity Bank – first as a lawyer at Bracewell and now as the financial institution’s chief legal officer. None of those deals, however, were close to being as large or important as Prosperity’s $2.1 billion purchase of Plano-based LegacyTexas Bank a year ago. Working with Bracewell’s Will Anderson, Rasche completed one of the largest bank deals in Texas history in less than five months. Rasche and Anderson are the winners of the 2020 Houston Corporate Counsel Award for M&A Transaction of the Year.
The COVID-19 pandemic and the oil patch crisis have caused pain and cutbacks in the Texas legal community, but some corporate law firms are thriving because of these crises. Exclusive new Texas Lawbook data shows that more than 900 lawyers based in the Texas offices of 34 regional and national corporate law firms are representing debtors, creditors and other parties in 219 active Chapter 11 restructurings filed in Texas and other jurisdictions across the country. The Lawbook names the firms, the lawyers and the clients.