Churchill Downs, the most famous Thoroughbred racetrack and home of the Kentucky Derby, sued the Texas Racing Commission in an attempt to stop the racing commission’s enforcement of a law that makes it illegal for Texans to bet unless they are in-person at a racetrack.
V&E Advises Denbury in $1.6 Billion Deal With ExxonMobil – update
Plano-based Denbury Resources Inc. has agreed to sell shale assets in North Dakota and Montana to ExxonMobil.
Justice Wainwright Joins Bracewell, But Eyes Future AG Race
Texas Supreme Court Justice Dale Wainwright is returning to private practice in October but don’t expect the jurist, known for his strong political skills, to remain out of the limelight long. In an interview with The Texas Lawbook, Wainwright said he is thinking about running for attorney general in 2014 if Greg Abbott decides to run for lieutenant governor or governor.
Court Hears ‘Common-Sense’ Arguments on Business Tax Fairness
A plain reading of the Texas Constitution’s requirement that taxes be “equal and uniform” should sound the death knell for the state’s revised franchise tax, a lawyer for food and beverage giant Nestle USA told the Texas Supreme Court.
Not so fast, said the state’s lawyer. The Texas Legislature has authority to pick winners and losers by distinguishing among classifications of businesses.
Andrews Kurth & Porter Hedges Advise $550 Million EPL-Hilcorp Deal
The two privately held oil and gas exploration and production companies are working out a deal that involves selling natural oil and gas assets.
Third-party Allegations Scrutinized in Libel Case Heard by Texas Supreme Court
Justices ponder whether Austin TV reporter’s focus on neurosurgeon’s disciplinary case, malpractice suits led to defamatory broadcast.
Managing a Crisis: Oil Spill Case Tests Sutherland’s Rachel Clingman
Hired by rig owner Transocean just days after the deadly Deepwater Horizon explosion, Rachel Giesber Clingman approached the case with her trademark relentless preparation. Her early work proved critical, as she faced a maze of complex litigation, Congressional hearings and the challenge of leading a team of independent trial lawyers.
For Clingman, the case she is reluctant to discuss is the high point of a 20-year career, showcasing, and at times testing, the skills that have propelled her from a small Texas Hill Country town to her current position, at age 45, as the go-to defender of energy companies in trouble.
Managing a Crisis: Oil Spill Case Tests Sutherland’s Rachel ClingmanX
HOUSTON – Hired by rig owner Transocean just days after the deadly Deepwater Horizon explosion, Rachel Giesber Clingman approached the case with her trademark relentless preparation. Her early work proved critical, as she faced a maze of complex litigation, Congressional hearings and the challenge of leading a team of independent trial lawyers.
For Clingman, the case she is reluctant to discuss is the high point of a 20-year career, showcasing, and at times testing, the skills that have propelled her from a small Texas Hill Country town to her current position, at age 45, as the go-to defender of energy companies in trouble.
Texas Supreme Court Weighs Protections for Whistleblowers who Report Internally
A demoted Parkland Memorial surgeon urged the justices to protect government employees who report wrongdoing through internal channels.
Longview Energy Wins $500 Million Land Transfer in Eagle Ford Case
For a small oil and gas company like Dallas-based Longview Energy, the chance to obtain a lease in the red-hot Eagle Ford Shale was an opportunity that doesn’t come along every day. So it was a huge disappointment in 2010 when a promising lease of 46,000 acres was rejected by two of the company’s directors, representatives of The Huff Energy Fund, a New Jersey private equity company that owns 39 percent of Longview.
What Longview did not know is that three days earlier, the very same land had been secured by a portfolio group that was 99 percent owned by the equity fund. Now, a South Texas judge has awarded Longview Energy the rights to the land valued at more than $500 million. It is one of the largest judgments ever involving the Eagle Ford play.