Baker & McKenzie Advises Plano Company in $310 Million JV
Rimrock Midstream is selling its 50 percent stake in the Grand Mesa Pipeline to NGL Energy Partners, which will make NGL own the entire pipeline system.
Baker & McKenzie Advises Plano Company in $310 Million JV
Rimrock Midstream is selling its 50 percent stake in the Grand Mesa Pipeline to NGL Energy Partners, which will make NGL own the entire pipeline system.
UPDATE – Texas Courts Find More Businesses Violating Workers’ Wage and Hour Rights
Wage-and-hour lawsuits filed against Texas businesses have increased 41 percent during the past three years and more than tripled over the past decade, according to research by Androvett Legal Media. “The number of calls I get from potential clients with viable wage and hour cases are more than I have the time and resources to accept,” said Baron & Budd's Allen Vaught, who recently won two major cases against companies under the U.S. Fair Labor Standards Act. An in-depth examination by The Texas Lawbook finds the tidal wave of wage-and-hour lawsuits against Texas companies is not likely to end soon for one reason: workers are winning in court.
UPDATE – Texas Courts Find More Businesses Violating Workers' Wage and Hour Rights
Wage-and-hour lawsuits filed against Texas businesses have increased 41 percent during the past three years and more than tripled over the past decade, according to research by Androvett Legal Media. “The number of calls I get from potential clients with viable wage and hour cases are more than I have the time and resources to accept,” said Baron & Budd's Allen Vaught, who recently won two major cases against companies under the U.S. Fair Labor Standards Act. An in-depth examination by The Texas Lawbook finds the tidal wave of wage-and-hour lawsuits against Texas companies is not likely to end soon for one reason: workers are winning in court.
Flaming Well Case Tests Texas Anti-SLAPP Law
Video of a Parker County man igniting his water well in flames could help define the reach of a 2011 Texas law designed to protect citizens engaged in public discourse from retaliatory lawsuits. The Texas Supreme Court heard arguments Thursday in a case of first impression involving the Texas Citizens Participation Act, which was designed to allow trial courts to quickly dismiss so-called strategic lawsuits against public participation, or SLAPP suits, filed by businesses attempting to use the courts to intimidate and silence their public critics. The Texas Lawbook has the details.
UPDATED – Judge Orders Life Partners, Executives to Pay $46.9 Million
An Austin federal judge ordered Waco-based Life Partners Holdings and its CEO and general counsel to pay $46.9 million for violating securities laws. In a scathing, 22-page order, U.S. District Judge James Nowlin made statements that surprised lawyers for both Life Partners and the Securities and Exchange Commission, which brought the lawsuit in 2012. The Texas Lawbook has the details.
Baker Botts and Porter Hedges Close $460 Million Investment
An affiliate of The Energy & Minerals Group, LP (EMG) has closed its $460 million equity commitment to American Energy Minerals Holdings, LLC (AEMN), which was formed by its parent company to pursue a business plan focused on the acquisition of minerals and overriding royalty interests.
Judge Orders Life Partners, Executives to Pay $46.9 Million
An Austin federal judge has ordered Waco-based Life Partners Holdings, Inc. and two top executives to pay $46.9 million for violating securities laws by filing misleading financial statements and permanently enjoined them from doing so again in the future.