Valeri Williams and James Sears Bryant have two things in common: they both have non-traditional legal backgrounds and they both recently have joined a New York Firm’s Dallas office.
Baker Botts Leads $3.3 Billion Tallgrass Energy – Kinder Morgan Deal
Austin Partner Laura Tyson represents Houston-based Energy & Minerals Group, a primary investor in Tallgrass.
Judge Orders Life Partners to Cease Selling Unregistered Securities
An Austin judge also issued a TRO instructing the Waco-based company to preserve all financial documentation, but declined Texas Attorney General Greg Abbott’s request to immediately appoint a receiver to take control of the corporation’s financial operations.
Travis County District Judge Orlinda Naranjo ruled Friday that Life Partners has likely been violating the Texas Securities Act through its practice of buying life insurance death benefits from elderly and terminally ill policyholders, then reselling them to investors without disclosing the actual life expectancies of the insured.
Scott Carlson Named DART’s New General Counsel
Carlson was a member of DART’s board of directors for almost a decade before becoming the new GC.
Heman Sweatt’s Family Files Brief in UT Law Admissions Case
Sixty-six years ago, Heman Sweatt walked into the University of Texas Tower seeking admission to the UT Law School. His application was denied for one simple reason: “the fact that he is a negro.” Sweatt sued and won a historic case at the Supreme Court of the United States in 1950. This week, his daughter and other family members filed amicus curiae briefs with the Supreme Court in the Abigail Fisher v. University of Texas, which challenges the law school’s consideration of race in its admissions policy.
“The purpose of the Sweatt family’s brief is simple,” says Allan Van Fleet, a litigation partner in the Houston office of McDermott Will & Emery, who is representing the family pro bono. “They want the Supreme Court to remember their father and uncle and his story.”
Bell Nunnally Grabs Jeff Ansley
The former federal prosecutor and enforcement lawyer for the U.S. Securities and Exchange Commission has joined Bell Nunnally & Martin as a partner in the firm’s growing White Collar Defense and Internal Investigations practices. Ansley is widely considered one of the leading lawyers in North Texas representing businesses and corporate leaders under investigation for civil and criminal fraud-related offenses.
Fulbright Leads $2.5 billion Oil & Gas Equipment Deal
Houston-based National Oilwell Varco is paying $2.5 billion to buy Robbins & Myers, an Ohio-based oil and gas equipment maker.
Fulbright Leads $2.5 billion Oil & Gas Equipment Deal
Houston-based National Oilwell Varco is paying $2.5 billion to buy Robbins & Myers, an Ohio-based oil and gas equipment maker.
Gibson Dunn Represents EFH in $750 Million Secured Notes
Two EFH subsidiaries are issuing $750 million in senior secured notes designed to improve liquidity at two other EFH subsidiaries.
Fifth Circuit: SEC Case Against Microtune Execs Too Little, Too Late
A former CEO and a former General Counsel at Plano-based Microtune Inc. won a major legal victory Wednesday that is likely to end the SEC’s five-year-long effort to prosecute them for allegedly being involved in a $22.5 million options backdating scheme. The federal appeals court ruled that the SEC waited too long to bring charges against Douglas Bartek and Nancy Richardson.
The three-judge panel also rejected the SEC’s efforts to have the executives banned from serving as an officer or board member of a publicly traded corporation because such efforts are punishment, not merely an equitable remedy.