Free Speech, Due Process and Trial by Jury
A Dallas probate judge on Wednesday ordered J.P. Morgan Chase Bank to pay $5.5 million in attorneys’ fees to the widow of an American Airlines executive for an $8 billion jury verdict she and her stepchildren won against the bank last fall.
A recent decision by the 5th Circuit Court of Appeals vacated the Department of Labor's so-called fiduciary rule, a set of regulations which would require that all retirement investing advice provided by financial professionals be in the best interest of their clients. The law's uncertain future now rests in the hands of the Trump administration's DOL. Timothy G. Verrall and Ron Chapman, Jr. of Ogletree Deakins provide an analysis.
At 7:03 a.m. Friday, Energy Future Holdings GC Andy Wright leaned into a conference room phone on the 41st floor of Energy Plaza in downtown Dallas and spoke six simple words: “EFH has signed off. We release.” Two hours later, two wire transfers totalling $9.4 billion were received. At 9:34 a.m., EFH officially sold its 80 percent ownership in Oncor Electric and the four-year-long, $42 billion corporate bankruptcy came to an end. The Texas Lawbook was in the conference room and provides exclusive details about one of the most complex and expensive business bankruptcies in U.S. history.
Nancy LeGros led a legal department that advised on strategic transactions in the United States and Latin America; conducted regulatory investigations; advised on establishment of Medicare Advantage and Healthcare Exchange plans; implemented a physician contract management system; assumed management of all claims and litigation; and advised senior leadership and multiple boards of directors on compliance and governance matters.
Melissa Jenner was previously senior counsel at Thompson & Knight.
In a pair of potentially landmark decisions, the 5th Circuit recently enforced broad class action waivers in court for the first time. Such waivers could block class action lawsuits under the FLSA and other employment statutes. Mark Shoffner of Bell Nunnally explains what these decision could mean for employers in Texas.
Lawyers for Toyota Motor Corp. fought hard in a Dallas district court Thursday to keep sealed a set of documents leaked years ago by a former in-house lawyer that are resurfacing in a defective product case. The Japanese automaker is arguing that the documents, though readily available on the Internet, are protected by an attorney-client privilege that the company has never waived.
Lynn Pinker Cox & Hurst is celebrating 25 years on Friday. But unlike the woes of uncertainty many twenty-somethings feel when contemplating what the hell they are doing with the rest of their lives, firm founder Mike Lynn has never felt better about his litigation boutique’s future. And even despite elite national firms rapidly changing the landscape of the Texas legal market, Lynn thinks the future is where the firm's best days will be. He explains why in this article.
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