Exxon Mobil Wins Employee Incentive Plan Dispute
The Texas Supreme Court says Exxon's stock incentive plan could serve as a de facto non-compete clause.
Two Former Xerox/ACS Executives and SEC Settle Charges for $675,000
The former executives were represented by two Dallas attorneys: Paul Coggins of Locke Lord and Danny Ashby of K&L Gates.
Patent Cases Pour into East Texas Despite Data Showing District Not So Plaintiff-Friendly
Businesses and individuals filed 26 percent more patent infringement lawsuits in East Texas during the first six months of 2014 than they did in 2013, which was also a record year. The federal courts in the Eastern District have seen a 1,400 percent increase in new patent filings over the past decade, even as such cases have remained steady in the rest of the state. But a separate study shows that the district is in danger of losing its reputation as pro-plaintiff due to an increase in defense verdicts. This is a comprehensive update on patent litigation in the Eastern District of Texas.
V&E and T&K Advise in $450 Million Partnership Formation
The partnership, called THQ, will pursue the acquisition, development and exploitation of oil and gas assets in North America.
V&E and T&K Advise in $450 Million Partnership Formation
The partnership, called THQ, will pursue the acquisition, development and exploitation of oil and gas assets in North America.
TX Court Expands Libel Rule to Online Media
Houston’s 14th Court of Appeals has applied the “single publication rule” to online media, which provides electronic news sites with the same statutory limitation protections as print and TV media.
TX Appeals Court: Cuban Prevails Again Over Perot Jr. and Hillwood
Lawyers for Hillwood claimed that the Mavericks are “insolvent on a stand-alone basis” because the NBA team is unable to pay its debts when they come due without the contributions of a third party, which, in this case, is billionaire Mark Cuban.
FAA and Businesses at Odds Over Commercial Drone Use
This article is an extensive update on the legal issues regarding commercial drone use and what is ahead.
Can TX Businesses Use Stock Incentive Plans as De Facto Non-Compete Clauses?
The Texas Supreme Court is expect to decide any day whether stock incentive benefits can be denied when an executive jumps ship. Briefs filed by business and oil and gas associations worry that the decision could have “far-reaching and radical implications.”
Winston & Strawn Advises Cameron on $850 Million Sale
The Houston-based company is selling its centrifugal compression business to Irish industrial company, Ingersoll Rand. Non-Texas attorneys from Baker Botts and Simpson Thacher also advised.
Winston & Strawn Advises Cameron on $850 Million Sale
The Houston-based company is selling its centrifugal compression business to Irish industrial company, Ingersoll Rand. Non-Texas attorneys from Baker Botts and Simpson Thacher also advised.
5th Circuit: Wal-Mart Avoids $100 million Penalty to Texas Optometrists
A federal appeals courtl, in a potential landmark decision, ruled that Texas tort reform laws override civil penalties in other state laws unless the victims have suffered actual damages. “This is a significant, unprecedented decision that could have potentially grave unintended circumstances,” says Russell Bennett.