Nearly a dozen Dallas lawyers are representing two financial institutions – BB&T of North Carolina and Plano-based LNV Corp, which is a subsidiary of Beal Bank – fierce, five-year-long breach-of-contract litigation over $7.4 million. LNV claims that BB&T improperly settled a lawsuit involving distressed debt for far too little money. But so far, BB&T and its counsel at KRCL in Dallas are winning the legal battle.
Texas M&A 2016- The Lawyers, Firms and Deals
Texas M&A 2016- The Lawyers, Firms and Deals
M&A Deal Count by Sector (Q1-Q4 2016)
M&A Deal Count by Sector (Q1-Q4 2016)
M&A Deal Count by Lead Lawyers (Q1-Q4 2016)
M&A Deal Count by Lead Lawyers (Q1-Q4 2016)
M&A Deal Count by Law Firm (Q1-Q4 2016)
M&A Deal Count by Law Firm (Q1-Q4 2016)
Texas Supreme Court Reverses Appeals Court on Non-Resident Jurisdiction
The Supreme Court of Texas ruled Friday that a Texas court has no jurisdiction over non-resident defendants in a lawsuit filed by Pepsi-Cola Metropolitan Bottling Company Inc.
Reversing a ruling by the 14th Court of Appeals in Houston, the court ruled that neither routine discussions involving Texas lawyers nor the administration of a trust fund in Texas changed the fact that the underlying misconduct alleged by Pepsi—fraudulent transfer and tortious interference—occurred as the result of a settlement agreement reached in New York.