U.S. District Judge Reed O’Connor has become the federal judge that Republican state attorneys general and politically conservative special interest groups across the U.S. turn to when they want a federal law or policy overturned or banned. And he has not disappointed. Legal experts say that O’Connor’s decision Friday striking down the Affordable Care Act made him an automatic finalist for future openings on the federal appeals court.
Gibson Dunn and Kirkland Promote Five Texans to Equity Partner
Two of the largest and most profitable law firms in the world – Gibson, Dunn & Crutcher and Kirkland & Ellis – are each promoting two lawyers from its Texas to equity or share partner.
TX Supremes Weigh Reliance on Contracts v. Texas Law
Mercedes-Benz is asking the Texas Supreme Court to declare that signed written contracts are sacrosanct and override all extra-contractual statements, even if those extra-contractual promises amount to felony fraud, directly contradict Legislative policy and cause severe financial harm to a Texas business. The Texas Lawbook has details.
SEC: Houston Developers Fraudulently Misused Investor Funds
The SEC announced Wednesday that America Modern Green Senior, America Modern Green Community and America Modern Green Residential have agreed to settle charges that they improperly used $49.5 million they raised from 90 Chinese investors for a project under the EB-5 Immigrant Investor Program.
SEC Settles Fraud Charges with AriseBank Execs
The SEC announced Wednesday that AriseBank ex-chief executive officer Jared Rice Sr. and ex-chief operating officer Stanley Ford will pay about $2.7 million in disgorgements and penalties for operating a cryptocurrency scheme that used former heavyweight boxing champ Evander Holyfield as a spokesperson.
Finalists for the 2018 DFW Outstanding Corporate Counsel Awards Are…
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook received a record-smashing 126 nominations for the 2018 Outstanding Corporate Counsel Awards. A panel of 18 prominent GCs and lawyers reviewed the submissions and The Lawbook has this year’s finalists.
Is the SCOTX about to Kill Punitive Damages Once and For All?
This week, the Texas Supreme Court is handling a business v. business case that could either reinstate one of the largest punitive damage verdicts in the court’s history or be the death of exemplary damages in many types of civil disputes in Texas. It features some of the best lawyers in Texas, including two former chief justices. The Texas Lawbook has details.
FBI Charges AriseBank CEO with Fraud
Federal prosecutors in Dallas announced Wednesday that they have charged AriseBank CEO Jared Rice Sr. with multiple counts of fraud related to a North Texas cryptocurrency scheme that used former heavy weight boxing champion Evander Holyfield as a spokesman.
Kerstin Arnold – A GC & Public Servant on the Front Lines of the Opioid Crisis
Texas Pharmacy Board GC Kerstin Arnold may be the most influential public health attorney in the U.S. and definitely is the single most important lawyer in Texas involved in the opioid crisis. Arnold, recently honored by the Texas GC Forum, has spent two decades “trying to change the world for the better.” This Lawbook profile shows how she’s done it.
Top Texas Biz Litigation Concerns: Cybersecurity, Contract Conflicts & Employment Disputes
Texas-based companies are facing fewer and fewer lawsuits and the lawsuits they are facing are costing them less, according to a new survey of corporate general counsel by Norton Rose Fulbright. But corporate in-house counsel in the state are increasingly worried about cybersecurity attacks and data breaches. The Texas Lawbook has the details.