This is the story of three lawyers at Keurig Dr Pepper — Jim Baldwin, Anthony Shoemaker and Stephen Cole — who took a huge risk in leading a normally conservative, litigation-adverse company in suing a business partner, the business partner’s profanity-spewing founder and Dr Pepper’s biggest and universally feared competitor, Coca-Cola. Along with outside counsel at Gibson Dunn, they took a highly complex dispute and boiled it down to one sentence in a contract. By the end, they had opposing counsel pleading with the judge to push for a settlement weeks before trial. The result: a $925 million victory and a finalist for the 2022 DFW Outstanding Corporate Counsel Award for Business Litigation of the Year.
Fort Worth Bank, Former VP Allegedly Aided Home Flipper’s Ponzi Scheme
Bankruptcy trustee James E. Cross alleges Dallas-area home flipper Skyler Aaron Cook, who has filed for bankruptcy in Arizona, defrauded investors out of at least $3 million in a scheme aided by Valliance Bank. The bank and its former executive vice president have denied the allegations.
Top Commercial Litigation in 2022
As restrictions imposed during the COVID-19 pandemic were rolled back in 2022, courts across the state went to work adjudicating long-delayed cases. Here, in no particular order, The Texas Lawbook looks back on some of the most significant litigation Texas lawyers handled in 2022.
Remembering Fort Worth Federal Judge John McBryde
Senior U.S. District Judge John McBryde of Fort Worth was old school and hardcore, viewed as the epitome of a federal judge and always regarded as the lord of his courtroom. Criminal defense lawyers compared him to the hanging judges of the Wild West because of the lengthy prison sentences. But other lawyers and judges say he was a fierce protector of the rule of law and the right to trial by jury. Judge McBryde, appointed to the federal bench in 1990 by President George H.W. Bush, died Sunday. He was 91.
Dallas Jury Awards $15M in Asset-Moving Default Judgment Case
The jury deliberated for about three hours before siding with Maiden Biosciences on Tuesday morning. Over five days of testimony 15 witnesses were called, including five experts.