The SEC’s Fort Worth Regional Office filed charges Tuesday claiming that Houston businessman Verley Lee Sembritzky, Jr. and two of his companies – Bounty of the Ocean and Ocean Harvest – violated federal securities laws by operating a fraudulent investment scheme involving a purported Kenyan desalination plant investment project.
Exec Comp Specialist Jumps to Sidley-Dallas
Longtime Baker Botts executive compensation lawyer Eric Winwood moved his office across Dallas’ Klyde Warren Park over the weekend, joining Sidley Austin as a partner.
Texans Reflect on Justice Ginsburg and Her Potential Replacement
Texas lawyers mourned the death Friday of U.S. Supreme Court Justice Ruth Bader Ginsburg whose contributions to the rights of women and the rule of law were fundamental and historic. Mark Curriden asked a few of them to reflect on her impact and how her loss could reshape the court.
Jing Bian ‘Proves that Nice People Can Finish First’
International corporate mergers often hinge on the meaning of a single term or the interpretation of a response. Enter Energy Transfer senior counsel Jing Bian, a Chinese-born, Harvard Law-educated M&A lawyer used her knowledge of Chinese culture and fluency in Mandarin to help guide the pipeline giant through a crucial joint venture. Citing Bian’s extraordinary success in less than two years in-house, Jing Bian is the 2020 Houston Corporate Counsel Awards Rookie of the Year.
Q&A: Kevin McDonald
Citing his extraordinary leadership and legal acumen throughout the merger, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook have awarded the 2020 Houston Corporate Counsel General Counsel of the Year for a Midsized Legal Department to NetTier General Counsel and Chief Administrative Officer Kevin McDonald.
Veronica Foley Is Precision Drilling’s ‘Key to Success’
Veronica Foley was five when her grandfather, a lawyer in Columbia, was assassinated for being a political activist. The family lived in constant fear. She took different routes to school daily. Nearly four decades later, Foley is the general counsel at Precision Drilling. She and lawyers at Norton Rose Fulbright last year won a heated 8-year FLSA battle that could have been devastating for the Houston company. Foley and the law firm are the recipients of the 2020 Houston Corporate Counsel Business Litigation of the Year Award. The Texas Lawbook has the exclusive inside story.
Patent Suits Filed in WDTX Against Facebook, Google, eBay, Expedia
A longtime California technology software innovator filed nine lawsuits this week – six of them in the Western District of Texas – against some of the largest and most profitable corporations in e-commerce claiming that they illegally used his patented technology without a license.
Chief Judge David Jones: The Man Who Saved the Texas Bankruptcy Practice
Bankruptcy Judge David Jones singlehandedly breathed new life into a Texas business bankruptcy practice that saw its work shift to Delaware and Manhattan for decades. Thanks to Jones’ reforms, Houston has the busiest corporate restructuring court in the U.S. The Texas Lawbook provides an in-depth look at Judge Jones, his career and the impact he has had.
Six Days Notice, Six Witnesses, Six Jurors, 150 ER Doctors, Two Ticked Off In-House Counsel and a $9.4M Verdict
TeamHealth Chief Counsel Carol Owen sent a text to her boss: Changing outside counsel six days before a big trial. The new lawyers, AZA, worked 20 hours a day in an Arkansas hotel conference room, entirely changing strategy of the multimillion-dollar jury trial. The Texas Lawbook has an exclusive behind-the-scenes look of a chaotic few days from the eyes of the corporate GC.
H1 2020 Texas Law Firm Financials – Good News, Bad News
Revenue and client demand at Texas-based corporate law firms were down during the first six months of 2020, but they were not as bad as everyone expected, according to a new report from Citi Private Bank Law Firm Group. The Texas Lawbook has the details.