What began as a bitter legal dispute between Kainos Capital and one of its co-founders exploded into a bitter full-fledged feud Tuesday after the Dallas private equity firm filed a countersuit in Delaware. The company alleges that the original suit, filed by one of its co-founders, was timed to inflict as much damage on Kainos as possible. Natalie Posgate explains. (Editor’s Note: this is an in-depth update from an earlier version of the article).
Second Part of Neiman Marcus-Marble Ridge Battle Commences in Court
A Texas judge is considering whether she should end the legal battle between Neiman Marcus and Marble Ridge Capital or further entertain the possibility that the hedge fund issued defamatory statements about Neiman Marcus that hurt its business.
Ex-Employee’s Lawsuit Accuses Intercontinental Terminal of Dumping Waste During Harvey
Intercontinental Terminal Co., the company responsible for this week’s black plume in Houston’s sky, was sued in February 2018 by its former hazardous waste specialist for gender discrimination. In December, the lawsuit was amended her compliant to include allegations that the company intentionally released more than a million gallons of hazardous waste into flood waters during Hurricane Harvey to save money. The Houston Chronicle has details.
Judge Dismisses Marble Ridge’s Lawsuit Against Neiman Marcus
A Dallas County judge on Tuesday dismissed a lawsuit filed against Neiman Marcus that alleged the Dallas-based luxury retailer engaged in a $1 billion fraudulent transfer that harmed Marble Ridge, a creditor.
Fifth Circuit: ‘I’d Be Embarrassed to Take the Position You’re Taking in This Case’
A Fifth Circuit panel including Judge Jerry Smith unleashed scathing comments toward a party that appealed an $18 million arbitration award. Then the panel ruled the same day. This is the story.
Trump Nominates Justice Ada Brown to Federal Bench in NDTX
The nomination marks last needed in the pursuit to fill the five vacancies that are currently in the U.S. District Court for the Northern District of Texas. Statewide, there are 12 judicial vacancies in the federal district courts.
Threats of Grievance Action Against Opposing Counsel During Trial Can Violate Disciplinary Rules
An appeals court in Houston has ruled a lawyer who threatens to file a grievance against opposing counsel during a trial in order to get an advantage in the litigation is committing an ethics violation.
Dallas Firm Files $3M Suit For Ex-KU Football Coach
Former University of Kansas head football coach David Beaty has hired Dallas law firm Deans & Lyons to pursue litigation against the school’s athletic department on claims that it owes him $3 million for having breached his employment contract. But KU says there’s much more to the story. Natalie Posgate has both sides.
Updated – Bill Powers, a Lion of the Texas Bar, Remembered
Bill Powers served three years in the Navy and taught jurisprudence and legal process to thousands of students over three decades. He was dean of the UT School of Law for five years and president of UT for a decade. Powers, 72, died Sunday morning from complications from a fall he experienced in September. The Texas Lawbook looks at Powers’ career.
Tony Romo and NFL Face Off in Court of Appeals… Again
Lawyers for a business co-founded by Tony Romo told a three-judge panel in Dallas Wednesday that the issues behind the former Cowboys quarterback’s dispute with the National Football League should have been treated as matters of fact instead of being tossed by the trial judge in a 2017 summary judgment.
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