Exxon Mobil, Standard’s successor, filed a federal lawsuit last Thursday against Cuba’s national oil company and a state-owned industrial conglomerate for approximately $280 million, seeking compensation for the value of the assets plus almost six decades of interest. James Osborne of the Houston Chronicle reports.
Carrington Coleman to See New Leadership with First Female Managing Partner
Monica Latin has been elected to become the first female managing partner of Carrington Coleman, where she has spent her entire legal career. The Lawbook caught up with Latin to learn about her new role, which she will assume in May 2020.
Offers You Can’t Refuse – When Aggressive Demand Letters Cross the Legal Line
At its best, the aggressive demand letter is a legal art form that can force parties to settle their differences outside the court. But at what point can an artful outline of problems and consequences become extortion or one of its criminal cousins? Randy Johnston of Johnston Tobey Baruch specializes in such ethical questions. Here are this hints on what you should worry about when sending these important client missives.
Forest Park: Key Takeaways for Health Care Professionals and Their Lawyers
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.