An investor in Houston-based Tellurian Investments has sued Charif Souki on claims that the company co-founder and chairman of the board reneged on a promise to pay back the investor for tens of millions in losses after Tellurian’s stock value plummeted.
SDTX & NDTX Chief Judges Talk Retirement, Pandemic’s Impact on Trials
During a 90-minute webinar over Tuesday’s lunch hour, Northern District Chief Judge Barbara Lynn and Southern District Chief Judge Lee Rosenthal talked retirement plans (or lack thereof) and courtroom trends from the pandemic and when jury trials (currently paused by Omicron) in their jurisdictions are likely to resume
Fifth Circuit Reverses Houston Lawyer’s Tax Evasion Conviction
Although the case “facts were difficult,” the Fifth Circuit vacated a tax evasion conviction of Houston lawyer Jack Stephen Pursley on a simple premise: a statute of limitations defense that the three-judge panel said was erroneously shot down by the trial court without analysis.
Lynn Pinker Names Chris Schwegmann New Managing Partner
Schwegmann, who joined the firm in 2005, previously served as Lynn Pinker’s general counsel and succeeds Eric Pinker, who served as managing partner for 21 years.
Foro Energy Secures Trade Secrets Trial Defense Win Against Fellow Houston Co.
A trade secrets battle between two Houston companies in the energy industry ended Tuesday with a 40-page order by a local federal judge. The ruling was a win for a team of lawyers at Bracewell.
Top Commercial Litigation in 2021
When we turned the page on 2020, the promise was to get 2020 behind us, if nothing else. For trial lawyers that meant getting back to the courtroom. Not all did, but the significant cases and significant verdicts involving Texas lawyers showed a promising horizon: Not so cloudy, even perhaps for the lawyer starting his case by pleading he was not a cat.
Delaware Judge to ETE in $410M Merger Breakup Case w/ Williams: ‘Pay the Piper’
A Delaware chancery judge Wednesday ordered Dallas-based Energy Transfer to pay Tulsa-based The Williams Companies a $410 million breakup fee for the megamerger between the two companies that Energy Transfer called off in 2016 after market conditions in the energy industry became abysmal. The decision follows a six-day trial in May in Delaware that The Texas Lawbook covered in-depth.