Corporate general counsel in Texas and across the U.S. predict they will hire more lawyers who specialize in civil litigation and governmental regulatory matters during the next year to help meet increased demand, according to a new survey conducted by Texas-based Norton Rose Fulbright. One big culprit? Businesses suing other businesses over contract disagreements. The Texas Lawbook has exclusive details.

Woodlands Fracking Sand Producer Files for IPO
Houston lawyers from Latham & Watkins and Vinson & Elkins filed an S-1 late last week for The Woodlands-based Smart Sand, Inc., which provides sand for hydraulic fracturing to exploration & production and oilfield service companies such as EOG Resources and Weatherford.

Texas Jury Orders Apple to Pay $22M for Patent Infringement
A federal jury in Tyler ruled Thursday that Apple illegally used source code owned by a Plano-based patent holding company on several models of its iPhones and iPads. Fort Worth IP lawyer Ed Nelson convinced an eight-person jury to award $22.1 million in damages to Cellular Communications Equipment, which the jury said owns a valid patent on unique source code that combines hardware components and specifically designed software instructions to allow advanced buffering technology on smart phones and handheld devices.

Chase bank says employees must arbitrate off-the-clock complaints
JP Morgan Chase Bank is trying to stop seven former employees from going forward with a nationwide collective action lawsuit that alleges bank employees are forced to work off the clock. The employees signed arbitration agreements as part of their jobs, which included a promise not to join any collective action lawsuits, according to a petition that JP Morgan Chase filed this week in federal court in Houston.
The employees agreed to settle individual claims through arbitration, a confidential and increasingly common process that keeps employees from spilling corporate secrets in a public courtroom. The employees asked the arbitration service to allow them to participate in the collective action, citing their rights under a federal labor relations law that allows employees to join together to improve their wages and working conditions, according to the bank’s petition to the court. The Houston Chronicle has full details.

Investing in Major League Sports Franchises: Outsized Returns or Risky Play?
In recent years, the value of privately held professional sports franchises has become particularly newsworthy. Analysts, investors and fans have an interest in watching team owners buy and sell teams and in learning the going prices for their teams.

V&E, Latham and Kirkland File Energy IPO #3 and #4 of 2016
This week’s two energy IPO filings come at a time when the capital markets have remained rather stagnant due to low oil prices.

V&E, Latham and Kirkland File Energy IPO #3 and #4 of 2016
This week’s two energy IPO filings come at a time when the capital markets have remained rather stagnant due to low oil prices.

Kirkland Advises Blackstone, ArcLight in $2.17B Power Plant Splurge
Ohio-based American Electric Power said Wednesday that it is selling four of its power plants to Blackstone and ArcLight Capital Partners for $2.17 billion.
State Bar to Honor El Paso Lawyer Lisa Soto for Efforts to Improve Diversity in Legal Profession
Soto is being honored for her work with the University of Texas at El Paso and its Law School Preparation Institute to ensure young people of diverse backgrounds have clear paths to law school.
Skiermont Derby Promotes Sadaf Abdullah to Partner in Dallas
Abdullah joined the boutique law firm in 2013.
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