Free Speech, Due Process and Trial by Jury
Two partners will split the role of leading Gibson Dunn’s Dallas office. One is a female partner who has been described as an “absolute rockstar” and joined the firm’s partnership ranks just two-and-a-half years ago. The other is an experienced male trial lawyer whose name was on the door at a litigation boutique before joining Gibson Dunn as the pandemic began last year.
In a lawsuit filed Monday, a Colorado investor is seeking to recover a $1.3 million investment he made with the real estate firm owned by Nate Paul, who recently was at the helm of a political scandal involving the Texas Attorney General's Office.
The high-stakes trial between Williams and Energy Transfer over their failed $38 billion merger concluded with testimony from several high billable hour tax lawyers from Cravath, Latham, Wachtell and Gibson Dunn. Natalie Posgate reviews their testimony, which will help a Delaware chancery court decide which party is on the hook for a $410 million merger breakup fee.
The company leaders behind both The Williams Companies and Energy Transfer have taken the stand in the final trial involving companies’ contentious legal battle over their failed $38 billion merger. Both got grilled, but one CEO’s cross-examination appeared to be more brutal than the other.
Key negotiators for The Williams Companies in its failed 2016 merger with Energy Transfer Equity testified Monday in the Delaware Court of Chancery about an equity offering executed by ETE that they say breached the parties’ $38 billion merger agreement because of how unfair it was to Williams shareholders. But they didn't go unchallenged on cross-examination.
The final chapter of Energy Transfer and Williams’ legal battle over their failed mega-merger from 2016 will unfold in a six-day trial that begins Monday in Delaware. If you forgot what they’re still fighting about, not to worry. Natalie Posgate has the who, what, when, where and why to refresh your memory.
For the second time this spring, a Fort Worth federal judge has dismissed with prejudice a lawsuit that stemmed from a business deal that fell apart between Arlington-based Six Flags Entertainment Corp. and Riverside Investment Group related to the development of Six Flags parks in China.
A Houston jury ruled Thursday afternoon that Houston-based TechnipFMC did not own trade secrets related to subsea drilling designs that the company had accused hometown rival Dril-Quip and ex-FMC engineer Rick Murphy of misappropriating, handing FMC a take-nothing verdict.
Lawyers for Dril-Quip and Murphy said they were thrilled with the result. An attorney for FMC said the company respects the verdict, but promised an appeal.
For a day and a half, a Houston jury has been weighing whether Houston-based Dril-Quip and one of its engineers stole trade secrets from TechnipFMC, a rival competitor in the subsea drilling industry, and if so, how much those trade secrets are worth. They return Thursday morning to continue the debate.
A federal jury in East Texas has cleared patent infringement liability for APCON Inc., an Oregon-based network security company with significant operations in Plano. The jury also invalidated five patents owned by the plaintiff, Gigamon.
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