The Irving-based operator of First Choice ER, the oldest and largest freestanding emergency-room network in the country, faces a rocky road to liquidation. Bill Hethcock of the Dallas Business Journal has the story.
The Texas Lawbook Lawyer of the Year: SDTX Chief Bankruptcy Judge David Jones
Most lawyers in Texas simply tried to survive 2020. A small handful thrived. One lawyer – a judge – has had a year for the ages. David Jones, Chief Bankruptcy Judge of the Southern District of Texas, is a disruptor of law and business. No judge in the U.S. in 2020 has had more impact on corporate boardrooms, C-suites and tens of thousands of day laborers as Judge Jones. Citing the extraordinary, commonsense reforms for complex corporate bankruptcies implemented by Judge Jones and the impact they have had on the practice of law in Texas, The Texas Lawbook is naming David R. Jones as the 2020 Lawyer of the Year.
(Photo: Houston Chronicle)
Lawyer Ranks Expanding in Mall Owner Bankruptcy
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.
Pacific Drilling Files for Bankruptcy
Texas lawyers from Latham & Watkins and Jones Walker are advising the company.