Frisco’s Skinny IT – once a rising star in North Texas – has filed for bankruptcy, the Dallas Business Journal reports.
Adeptus GC Tim Mueller: IPO, Bankruptcy, Private Equity in Three Years
Adeptus Health General Counsel Tim Mueller has seen good times and bad times. During a three-year period, Adeptus experienced wild expansion, did an IPO, had its market cap hit $1 billion, filed for bankruptcy and restructured with a new plan for steady growth. Through it all, Mueller’s legal counsel has been both sound and poised. The Lawbook has the story.
O&G Bankruptcies Fall Nearly 40 Percent
A Haynes and Boone study shows that North American oil and gas bankruptcies fell to just 43 filings in 2018, down from 70 in the prior year. The Houston Chronicle’s Jordan Blum explains.
Chron: Parker Drilling Filing for Bankruptcy
Houston-based Parker Drilling said Wednesday it’s filing for bankruptcy and losing its listing on the New York Stock Exchange. The financially hobbled onshore drilling contractor has struggled mightily since the
$178.5M Arbitration Award Ties Off 1990 South Texas Asbestos Case
Two recent rulings for $178.5 million have ended what had been one of the longest running cases in the nation. The downside of the case, filed nearly three decades ago, is that only about 70 of the original 2300 plaintiffs have lived to see its end. The Lawbook’s Litigation Writer Natalie Posgate has the bittersweet details.
Akin Gump Increases Pro Bono Commitment for Border Cases
Corporate bankruptcy lawyer Eric Seitz is in El Paso representing a Honduran father who fled murderous gangs with his teenaged sister who threatened to kill them and is seeking asylum. The need for lawyers at the border is still there and The Texas Lawbook has details.
Blank Rome Adds Chapter 11 Bankruptcy Expert in Houston
(Sept. 19) – Blank Rome announced recently that James Grogan has joined the firm’s Houston office as a partner in its finance, restructuring and bankruptcy practice group. Grogan lateraled over