The legal battle between four Texas eye doctors and Wal-Mart has found its way to the Supreme Court of Texas over the issue of exemplary damages in private attorney general actions. The eventual decision by the state’s highest court could produce a precedent that lawyers claim would cause a surge in lawsuits seeking big-dollar damages under state laws usually reserved for regulatory enforcement by governmental authorities, such as the state attorney general. The lawyers are James Ho for WalMart and Russell Post for the eye docs.
Bracewell Wins $30 Million Case Week Before Trial
Vertical North America claimed Bracewell’s client, Vopak Terminal Deer Park Inc., fraudulently induced it into entering into an agreement to store ethanol at Vopak’s terminal on the Houston Ship Channel, and that Vopak breached that agreement.
Longtime DBA Executive Director to Retire
Cathy Maher has been the executive director for 21 years and served in multiple other roles with the DBA before that.
Four Texas Firms Advise on Complex Sanchez Midstream Asset Deal
Texas-based lawyers from Sidley Austin, Andrews Kurth, Latham & Watkins and Akin Gump were all involved in this transaction, which included both a divestiture of assets and a PIPE offering.
Latham, Gibson Dunn and Baker Botts Advise in $38 Billion ETE-Williams Merger
Dallas-based Energy Transfer Equity announced Monday morning its plans to acquire Tulsa-based The Williams Companies in a merger agreement worth $37.7 billion.
An Era Ends, Another Begins at AT&T’s Corporate Legal Dept.
Wayne Watts retires this Wednesday as GC at AT&T. Watts revolutionized the position of corporate general counsel. He guided the phone company through dozens of mega-mergers with a combined value of nearly $300 billion. He single handedly forced law firms to add more women and minorities to their lawyer ranks.
In an extensive interview with The Texas Lawbook, Watts discusses why he became a lawyer, his 32 years at AT&T and why he handpicked David McAtee to secede him. Exxon Mobil GC Jack Balagia also dishes on Watts golf game. FYI: He hits the ball hard.
An Era Ends, Another Begins at AT&T’s Corporate Legal Dept.
Wayne Watts retires this Wednesday as GC at AT&T. Watts revolutionized the position of corporate general counsel. He guided the phone company through dozens of mega-mergers with a combined value of nearly $300 billion. He single handedly forced law firms to add more women and minorities to their lawyer ranks.
In an extensive interview with The Texas Lawbook, Watts discusses why he became a lawyer, his 32 years at AT&T and why he handpicked David McAtee to secede him. Exxon Mobil GC Jack Balagia also dishes on Watts golf game. FYI: He hits the ball hard.
Dallas Judge Approves BDO’s $40 million Payment to Stanford Investors
U.S. District Judge David Godbey ruled Wednesday that accounting firm BDO USA’s agreement to pay $40 million to victims in the R. Allen Stanford Ponzi scheme “is a fair settlement amount.”
Locke Lord Names David Taylor Managing Partner of Houston Office
Taylor, who has spent his entire legal career at Locke Lord, will lead an office of about 130 lawyers into its 100th anniversary next year.
Atlas, Hall & Rodriguez Partner Mike Mills Appointed to Texas Board of Disciplinary Appeals
The Supreme Court of Texas announced the decision to add Mills to the 12-member board on Aug. 28. He will serve a three-year term.