In the first video teleconference sentencing in federal court in Dallas since the COVID-19 crisis began, U.S. District Chief Judge Barbara Lynn this week sentenced a medical mask-wearing white-collar criminal defendant to nearly four years in prison for her role in a $1.4 million real estate title insurance scheme.
Two V&E Lawyers Lead Astros to Court Win in Sign-Stealing Case
When a Massachusetts fantasy baseball contestant sued the Houston Astros in Manhattan federal court in January, legal commentators thought the case would take several months or even years before being resolved. But Hilary Preston and Michael Holmes knew better about U.S. District Judge Jed Rakoff. Nine weeks later, the case against the Astros has been dismissed. Here’s how it happened.
Thompson & Knight Adds Three IP Partners
Even the coronavirus and stay-at-home orders cannot contain the ever-hot Texas lateral market. Thompson & Knight announced Monday that three intellectual property trial lawyers – Phillip Philbin, Jamie McDole and Michael Karson – have joined the firm’s Dallas office as partners.
Legal Industry Experts: Law Firms Should Start Making Cuts Now
Gibson Dunn managing partner Rob Walters, fresh out of the hospital after testing positive with the coronavirus, has a unique perspective on the potential impact that COVID-19 and cheap oil prices could have on Texas law firms: “This will affect the entire legal industry [and] prove fatal for some fine businesses and law firms.”
Legal industry experts say corporate law firms across Texas should be more worried than they appear to be. Many need to cancel summer associate programs, tell new lawyers that they may not be needed this fall, start reductions in associate salaries and hold back partner draws. “It could get very bad and the Texas legal market will take an even bigger hit than others,” says an Altman Weil analyst. The Texas Lawbook provides an exclusive, in-depth report.
SCOTX Modifies COVID-19 Civil Case Filing Deadlines
The Texas Supreme Court issued a new emergency order Wednesday that officially stays or tolls “any statute-of-limitations deadlines for the filing or service of any civil case” between March 13 and June 1. The new order takes discretion away from trial judges.
Fed Circuit Gives Schlumberger, Latham Huge Win in Patent Dispute
A widely monitored and hotly contested patent dispute in the oil patch likely ended Tuesday when a federal appeals court ruled that energy giant Schlumberger did not infringe on the intellectual property of legendary Houston energy inventor and lawyer, Dr. Claude Cooke.
Dallas Trial Lawyer Trey Cox Jumps to Gibson Dunn
Gibson, Dunn & Crutcher is expected to announce that Trey Cox, a name partner at Lynn Pinker Cox & Hurst, is joining the firm as a partner in its trial section. Cox, who is married to Northern District of Texas U.S. Attorney Erin Cox, was a lead lawyer representing Purdue Pharma in litigation over the opioid epidemic in Oklahoma and had been with the Lynn Pinker law firm for 23 years.
Fifth Circuit Gives AT&T, Arbitrators Big Win
Arbitrators in commercial civil disputes may change their minds and reverse their own final decisions without the worry of any review by federal judges, even in cases in which judges believe the arbitrator committed “grave error.” The Fifth Circuit ruled in favor of AT&T, which has been in a five-year-long labor dispute with one of its labor unions, the Communications Workers of America.
COVID-19 has Law Firms Considering Changes to Summer Associate Programs
Corporate law firm leaders across Texas are scrambling to figure out what to tell the hundreds of increasingly nervous law students scheduled to participate in summer associate programs scheduled to start in about six weeks. Sidley is delaying its summer clerks arrival for two weeks. Other firms are not sure.
2019 Capital Markets Transactions
The Texas Lawbook’s Corporate Deal Tracker documents all M&A activity and securities offerings handled by in-house and outside counsel in Texas. Today, The Lawbook publishes a list of the 139 IPOs and equity and debt offerings that Texas lawyers worked on in 2019.