The Texas Supreme Court says that obligations assumed in a 1999 bankruptcy require Noble Energy to indemnify ConocoPhillips in a $63 million oil field contamination agreement with the State of Louisiana. The Texas Lawbook has the details.
Dallas & Houston Federal Judges to Mediate Puerto Rico Bankruptcy
Two Texas judges have been appointed to play key roles in the $73 billion bankruptcy of Puerto Rico. U.S. Bankruptcy Chief Judge Barbara Houser of Dallas is heading a five-member judicial panel that is mediating key issues. U.S. Senior District Judge Nancy Atlas of Houston is also on the mediation panel.
Dallas & Houston Federal Judges to Mediate Puerto Rico Bankruptcy
Two Texas judges have been appointed to play key roles in the $73 billion bankruptcy of Puerto Rico. U.S. Bankruptcy Chief Judge Barbara Houser of Dallas is heading a five-member judicial panel that is mediating key issues. U.S. Senior District Judge Nancy Atlas of Houston is also on the mediation panel.
Gardere Builds Up Dallas Bankruptcy Practice
Frank Wright, who joins as a partner, leads the three-attorney group from Coats Rose.
Chris Hamilton ’Follows the Money Trail’ in Bankruptcy Litigation
Recouping losses in bankruptcy cases resulting from failed mergers or acquisitions is never easy, especially when negligence and reckless fraudulent inducement are alleged. But Chris Hamilton’s representation of the trustee in the Primcogent Solutions liquidation has already reaped a $1.2 million settlement and a $18.3 million arbitration award. Now, he’s going after the insurance company.
Houston’s Gibbs & Bruns Negotiates $2.4 Billion Lehman Bankruptcy Agreement
A $2.4 billion agreement with the Lehman Brothers bankruptcy over the valuation of mortgage-backed securities is the latest in a string of such pacts negotiated by Houston-based Gibbs & Bruns. The deal takes the massive bankruptcy, now eight-and-a-half years old and counting, one small step toward resolution. It also burnishes the reputation of the Houston litigation boutique as a go-to firm for mortgage-backed securities claims. Here are details of the latest deal.