Texas officials sued two Big Willy’s in Dallas-Fort Worth and Tejano Mart in Laredo on Monday for allegedly charging customers excessive prices for gasoline – ranging from $4 to $10 a gallon – in the days before and after the storm hit South Texas.
SEC Names SMU Prof to Corporate & Muni Bond Task Force
The SEC has created a special committee to study possible new regulatory improvements in the world of corporate bond and municipal securities markets and SMU finance professor Kumar Venkataraman is one of the 23 members.
Five TX Firms Get Perfect Scores in LGBTQ Report
The Human Rights Campaign Foundation announced Thursday that five Texas-based law firms garnered top honors in the organization’s 2018 Corporate Equality Index for advancing policies regarding lesbian, gay, bisexual, transgender and queer rights.
Digital Health and Telemedicine
The digital health market is expected to exceed $200 billion by 2020. Many companies and startups looking for a share of this market are headquartered right here in Texas. This article from lawyers at Jones Day looks at the legal and regulatory issues facing these emerging technologies.
Cowboys GC and Four Firms Lead Jerry Jones’ E-sports Acquisition
Dallas Cowboys owner Jerry Jones and Crescent owner Jason Goff turned to Cowboys GC Jason Cohen and assistant GC Kaleisha Stuart to lead a legal team that included lawyers from Winstead, O’Melveny, McCathern and Crain Caton to advise in this week’s acquisition of e-sports team Complexity Gaming.
Husch Blackwell Advises Dairy Queen Franchisee in Bankruptcy
Irving-based Dairy Queen franchisee Vasari has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. Varasi, which is closing 19 operations in Texas, turned to Husch Blackwell partner Vickie L. Driver and senior counsel Christina W. Stephenson as its restructuring advisers.
Houston Financial Adviser Pleads Guilty to Mail Fraud
U.S. District Judge Marcia A. Crone sentenced investment adviser Lawrence Allen DeShetler of The Woodlands to five years in prison for fleecing clients of $1.9 million. The Houston Chronicle has all the details.
SEC Charges, Settles Apache Engineer Insider Trading Case
The SEC has charged a former Apache Corp. petroleum engineer with insider trading. The SEC says
Christopher Lollar has settled allegations that he “traded on nonpublic information” by paying $435,809.50 in penalties and disgorgement.
Gardere, Foley Confirm Merger Talks
Dallas-based Gardere and Milwaukee-based Foley & Lardner confirm that they are in serious talks about combining. Such a combination would give Foley a strong foothold in Texas and an emerging presence in Mexico. The Texas Lawbook has details.
Billie Ellis – A Pioneer in Private Equity & Corporate Real Estate Dealmaking
Billie Ellis posed as a rancher in 1984 to buy 2,500 acres in Arizona to develop a scientific experiment called Biosphere II, which was a dome designed to recreate Earth as a way to possibly settle Mars. He helped Bob Bass buy The Plaza Hotel for $250 million in 1988 and resold it to Donald Trump six months later for $410 million.
For four decades, Ellis has been recognized as the best commercial real estate lawyer in Texas history. He’s represented some of the most powerful and wealthy individuals in the state, including the Bass brothers, Richard Rainwater and David Bonderman. And does he have some stories to tell.