Industry says legal battle could harm state’s renewable energy credit market; TXU says those claims are overblown. Nina Cortell of Haynes and Boone argues for FPL Energy, while James Ho of Gibson Dunn represents Luminant Energy.
V&E and Fulbright Advise on Ecolab – Permian $2.2 Billion Merger
Houston-based Permian Mud Service, Inc. announced that it has entered a definitive merger agreement to be acquired by Minnesota-based Ecolab for approximately $2.2 billion.
Seven Partners Jump from HayBoo to Akin Gump
The partners include Marty Brimmage, Arnold Spencer, Garrett DeVries and Matt Zmigrosky
General Counsels: Not Just Lawyers Anymore
Top in-house lawyers say their job responsibilities have tremendously expanded. Today, general counsels find themselves involved in every aspect of their corporate operations
Up in the Air for Miles and Miles and …
Mark Twain wrote, “Travel has no longer any charm for me.” And presumably, the journalist-turned-author never took off his shoes for a TSA screening. Twain opined (a lot) about the travails of travel – not unlike the many Texas attorneys among the ranks of today’s frequent fliers. Some, in fact, sound almost Twain-esque.
Like Vinson & Elkins’ Jim Loftis: “There are two types of luggage – carry-on and lost.” Or his colleague and former V&E managing partner Joe Dilg on reward miles: “It’s a little like the pie-eating contest, and the award is more pie.”
Texas Recovers $1 Billion by Joining Whistleblowers in Medicaid Fraud Litigation – Update
Long known for its business-friendly litigation climate, Texas has quietly become the national leader in using the courthouse to punish one set of corporations, pharmaceutical companies that cheat government health programs.
Teaming up with company insiders and others who claim to know of wrongdoing by suppliers to the Texas Medicaid program, the state over the last decade has recovered more than $1 billion from suits accusing drug manufacturers and health care providers of overpricing and fraud.
Susan Snyder Returns to V&E
Susan Snyder comes back to V&E after broadening her business experience on a global scale
Jones Day Advises MPC in Acquiring Significant BP Assets
MPC has signed an agreement to acquire some of BP’s integrated refining and marketing assets located in Texas and the Southeast.
Robert Dedman Ethics Award Goes to Mark Berg of Pioneer
Berg has handled some of the most complex legal transactions in the global energy sector during the past few years. The energy deals, which valued in the billions and completely transformed the large, independent oil and gas exploration and production company and its investments.
“We hire lawyers who know our company and want to partner with us. We still see this as a legal profession, not as a commodity and we treat it as such,” says Berg. “The law firms that will survive in this new environment are those who go back and look at how the practice of law used to be.”
Wal-Mart Seeks Dismissal of Texas Class Action
Lawyers for Wal-Mart asked U.S. District Judge Reed O’Connor in Dallas to reject a class action employment discrimination lawsuit claiming to represent more than 50,000 women who have worked at Wal-Mart and Sam’s Club stores in Texas. The suit by seven women who worked at Wal-Mart and Sam’s Club stores during the past 14 years, claims that the company demonstrated gender bias by denying them promotions and paying them less than their male counterparts. The lawsuit seeks injunctive relief as well as financial damages. Dallas employment and labor lawyer Hal Gillespie represents the plaintiffs, while Gibson Dunn partners Karl Nelson and Veronica Lewis are defending Wal-Mart.