Two weeks after national mall owner CBL filed for bankruptcy protection in Houston, the number of legal and financial advisors involved in the corporate restructuring now includes Weil Gotshal, Akin Gump, Berkeley Research Group and at least seven other firms. The Texas Lawbook has the details.
Kirkland, Jackson Walker and Slew of Firms Working on Gulfport Energy Bankruptcy
Oklahoma-based Gulfport Energy and 10 of its affiliated companies filed for bankruptcy in the Southern District of Texas on Friday. Nine corporate law firms representing debtors, creditors, lenders and special committee board members have already filed motions to be involved in the $2.5 billion restructuring. The Lawbook has the details.
SDTX Federal Judges Release New Music Video: ‘We’ll Be Back’
A new video featuring Fifth Circuit Judge Jennifer Elrod and U.S. District Judge Charles Eskridge singing about the coronavirus’ impact on the federal courts in the Southern District of Texas is spreading across Facebook. The message: Don’t be sad or mad. Your fave judges will be back in their courtrooms soon.
Former Motiva Asst. GC Keith Calcote: Family Trial Inspires Public Service
Keith Calcote’s son was diagnosed with Tourette’s Syndrome in the third grade. “We knew nothing about Tourette’s or what lay ahead,” said Calcote, who has served as an assistant general counsel at Shell Oil, Motiva and Waste Management. During the past three decades, Calcote has been involved in some of the biggest corporate civil lawsuits in Texas history. But his family’s experience with Tourette’s gave him an understanding and compassion that deeply affected his profession and faith.
Q&A: Christina Ibrahim
The Texas Lawbook provides unique and substantive content to our Premium subscribers. In this interview, former Weatherford International General Counsel Christina Ibrahim provides personal insight into her life, how she selects outside counsel and key things outside counsel should know about her.
Christina Ibrahim – A Transformational Chief Legal Officer
Christina Ibrahim’s accomplishments at Weatherford International include multiple large M&A deals and guiding the oil services company through a highly successful bankruptcy and restructuring that eliminated $6 billion in debt. But her achievement was much different, much deeper and much more important. The Association of Corporate Counsel Houston and The Texas Lawbook award the 2020 Houston Corporate Counsel’s General Counsel of the Year Award for a Large Legal Department to Ibrahim.
Mergermarket Q3 Law Firm Deal Value Leaders: Alston & Bird, White & Case and Simpson Thacher
Nearly all the firms handling the largest M&A deals in Texas are based outside of the state. Nearly a half of them have no office in Texas. And only three of the top 40 are headquartered in Dallas or Houston. The deal value rankings can be highly misleading, and all legal analysts agree it is an inferior measure to deal count rankings. Even so, it is a fun number to discuss. So, we do.
TX Supreme Court Stays Solidly All Republican
At a time when political analysts say Texas is trending blue, the state’s voters overwhelmingly decided to keep the Texas Supreme Court totally Republican. With 90% of the counties reporting, all four incumbent state Supreme Court justices cruised to re-election Tuesday. In fact, all four justices won their races by larger vote margins than did their colleagues in 2018. The Texas Lawbook has the details.
McKinney Investor Pleads Guilty to $13M Securities Fraud
North Texas venture capitalist Patrick O. Howard pleaded guilty Tuesday via video teleconference to running a Ponzi-type scheme and committing federal securities fraud in 2015, 2016 and 2017. The Texas Lawbook has details.
Caldwell Cassady Scores $502.8M Jury Win Against Apple
For the second time in three months, a Texas jury has slapped Apple with a half-billion dollar verdict for patent infringement. This time, the verdict is against Apple for violating VPN on Demand technology patents owned by VirnetX on 598 million iPhones, iPads and other products sold after Sept. 2013. The Texas Lawbook has the details.