With 11 pretrial guilty pleas and seven convictions, the Forest Park litigation shows that federal prosecutors are willing to aggressively pursue criminal kickback, bribery and conspiracy charges in the health care industry. But as Alyson Brown of Clouse Brown shows, the trial also provides insights that can guide health care professionals in their contracting relationships.
Chron: Federal Judge Freezes Assets Amid Allegations of Insider Trading in Anadarko, Chevron Deal
A federal judge has frozen the assets of two unknown stock traders amid allegations that they used insider trading to make $2 million from Chevron’s announcement to buy The Woodlands-based oil company Anadarko Petroleum. Sergio Chapa of the Houston Chronicle has the breaking story.
Buc-ee’s & Tracy Richardson – Business Litigation of the Year
In a trademark lawsuit that began with a coffee cup plopped on his desk, Tracy Richardson led the charge to protect the distinctive Buc-ee’s beaver grin from corporate copycats and poachers. Now, he and Buc-ee’s are winners in the Business Litigation of the Year category of the 2019 Houston Corporate Counsel Awards. Read Mark Curriden’s account of this award-winning litigation.
DBJ: Property Owners, Dallas Developer Battle on Shores of Possum Kingdom Lake
With the help of a deep-pocketed backer, property owners are duking it out with the owner of the resort, who says he has been unfairly targeted.
Houston Judge Orders Ex Execs to Pay Superior Energy $72M in Global Kickback Saga
A state district judge in Harris County has ordered two former executives of a Superior Energy subsidiary to pay $72 million, after a jury ruled in December that they committed fraud, breached their fiduciary duties and misappropriated trade secrets against their former company. Natalie Posgate reports.
Judge Allows Neiman’s Defamation Suit Against Marble Ridge to Continue
A Dallas judge has declined to dismiss a lawsuit by Neiman Marcus that alleges hedge fund Marble Ridge Capital hurt its business by issuing defamatory and false statements about Neiman being in default with its indentures.
Now, Tuesday Morning…
Jurors in the Forest Park Medical Center bribery trial headed home late Monday. They will resume Tuesday after 19 hours of deliberation. Like last week, the jurors had questions. But unlike last week, those questions were answered via telephone from Toledo. Bruce Tomaso explains.