Three federal appeals court judges got it all wrong six weeks ago when they invalidated a $65 million settlement in the eight-year litigation battle over the Allen Stanford Ponzi scheme, according to motions filed Wednesday by Stanford receiver Ralph Janvey, who wants the Fifth Circuit to reconsider the case en banc.
Jones Day Snags Antitrust Litigation Vet
A tearful Jim Reeder, chair-elect of the ABA’s Litigation Section and a 30-year veteran of the V&E trial practice, told The Texas Lawbook Wednesday that he is moving his practice to the Houston office of Jones Day. He called it one of the most exciting – but also difficult – decisions he has ever made.
Senate Confirms Two Fed Judges Tuesday and Two More Wednesday
Four Texas lawyers have been approved by the U.S. Senate for federal judgeships in the Eastern, Northern and Southern Districts of Texas so far this week. Three more may get the nod in the next day or two. The Texas Lawbook has the details.
Allen Law Firm, Plano Biz Sue to Stop Dallas Paid Sick Leave Ordinance
A small employment defense law firm called the Hagan Law Group is one of two businesses that filed a federal lawsuit Tuesday to stop the Dallas Paid Sick Leave Ordinance from going into effect this week.
Darwin Bruce Sees Gold in Small-to-Middle Market M&A
Darwin Bruce, former long-time GC for T.D. Jakes, is pioneering a new initiative designed to significantly improve M&A and CapM opportunities for small and middle market business community in Texas. The lower middle market is woefully underserved, even though those are the businesses driving the economy, but Bruce says he plans to fix that.
Seattle Corporate Law Firm Seeking Growth in Texas, Adds Three Partners
Perkins Coie, which boasts Amazon, Costco, Microsoft and Starbucks as clients, officially added three partners to its Dallas operation last week and plans to announce more lawyers joining in the next couple months.
Worldwide Flight Services GC Baron Oursler’s ‘Crazy Year’
The past six months have been a whirlwind for Baron Oursler. He played a critical role in the sale of his employer, FleetPride, to a New York private equity firm. His wife gave birth to their first child, who was born six weeks prematurely and spent a month in the hospital. And he recently started a new job as GC of Worldwide Flight Services. The Texas Lawbook has the inside details.
Two ACC-DFW Members Win Global Award … and One gets a New Job
For the first time, members of the DFW Chapter of the Association of Corporate Counsel – J.C. Penney Senior Counsel April Goff and Pinnacle Group GC Erin Stewart – have been named Top 10 30-Somethings by the global group of in-house lawyers. One of them starts a new job this week.
Federal Home Loan Bank Officials Plead Guilty in $1.2M Scheme
Three former executives of the Federal Home Loan Bank in Dallas – including its ex-president – have pleaded guilty to charges that they conspired to make false statements and filed bogus reimbursement requests to the government-sponsored mortgage lender in a $1.2 million fraudulent scam.
Kirkland Leads Texas M&A H1 Rankings…By Far
M&A activity involving Texas companies may have declined during the first six months of 2019, but the slump has not impacted the corporate transactional machine that is Kirkland & Ellis. The Texas Lawbook has exclusive Mergermarket data ranking the top 30 law firms representing Texas businesses in dealmaking.