Just 18 months ago, Bi-Lo was mired in bankruptcy. Today, the southern grocery chain, which is now owned by Dallas-based Lone Star Funds, announced it is acquiring Winn Dixie for $560 million in an all-cash deal.

Texas Lawyers Assist American Veterans
Joseph “Chester” Romero tried for years to file for disability benefits after sustaining back injuries during World War II, but dozens of filings yielded no results. Romero, like many veterans in his situation, couldn’t afford a lawyer. But he got one anyway.

Texas Supreme Court Upholds Limited Partnership Tax
The Texas Supreme Court ruled today that the franchise tax applied to limited partnerships is constitutional and is not a personal income tax.
Chairman Smith: The Man Behind Bankruptcy Venue Reform
Rep. Lamar Smith remembers his first election as precinct chairman in San Antonio. He knocked on just about every door in the district and personally asked for people’s vote.

Business Bankruptcies Down, But Probably Not Why You Think
The number of businesses seeking the protection of Chapter 11 bankruptcy in Texas declined significantly for the first nine months of 2011.

Jones Day, Latham & Watkins and Simpson Thatcher Lead KKR’s $7.2 billion Purchase of Samson Investment Company
A large contingent of Texas corporate lawyers kicked off the Thanksgiving holiday in style with the announcement that Kohlberg Kravis Roberts & Co., Natural Gas Partners, Crestview Partners and Itochu Corporation had agreed to purchase $7.2 billion in assets from Oklahoma-based Samson Investment Company, which is a large oil and gas exploration and production company.

Jones Day, Latham & Watkins and Simpson Thatcher Lead KKR’s $7.2 billion Purchase of Samson Investment Company
A large contingent of Texas corporate lawyers kicked off the Thanksgiving holiday in style with the announcement that Kohlberg Kravis Roberts & Co., Natural Gas Partners, Crestview Partners and Itochu Corporation had agreed to purchase $7.2 billion in assets from Oklahoma-based Samson Investment Company, which is a large oil and gas exploration and production company.

Texas Energy Lawyers Lead $1.15 billion Seaway Pipeline Deal
Three major law firms — Fulbright & Jaworski, Morgan Lewis and Vinson & Elkins — were involved in a $1.15 billion deal that allowed Enbridge to acquire a half stake in the Seaway Pipeline, jointly held with Enterprise Products, and to reverse its flow.

SMU Dedman Professor Key Adviser to the U.S. Senate on Tax Reform
Every Monday and Friday, SMU Dedman Law School Professor Christopher H. Hanna stands before law students to discuss the basic theories, applications and history of tax law in the U.S. and around the world.
Enforcement Priorities for New SEC Regional Director in Fort Worth
David Woodcock was recently named the Regional Director of the Securities and Exchange Commission’s Fort Worth Regional Office (FWRO). Woodcock has both accounting and law degrees, and he is an experienced securities enforcement and litigation practitioner. In his new role, he will have the opportunity to reshape the office’s public image and reinvigorate its enforcement efforts in Texas, Oklahoma, and Arkansas.
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