Maybe other kinds of legal work lagged in 2020, but the municipal bond market in Texas prospered as bond entities took advantage of favorable market conditions to push new projects or refinance old ones. The Lawbook’s Nushin Huq has the names of the firms that benefitted from a very good, very strange year.
The holidays are over, but hopefully the string of dealmaking that preceded late night Zoom visits with relatives will continue into the new year. The numbers were good. Better than expected. And the CDT Roundup has the details.
We all know 2020 was an ugly year, even in Texas. In fact, the Lone Star State’s energy sector was hit tougher than most. But there were a number of bright spots for M&A in spite of all that, and we’ve picked 10 of them. They’re not necessarily the biggest, but they carried weight over some very tough terrain.
The DFW funding and investment scene was active in December, which included one of the largest funding rounds of the year. NTX Inno staff writer Kevin Cummings has the details.
As we stumble toward the end of a ridiculously complicated year, our gift to you this holiday is to keep it as short and sweet; at least as short and sweet as last week’s 18 transactions will allow.
Even after closing the Dallas-based company will continue to run under the current management, but as a
privately-held company and no longer listed on NASDAQ.
Together the transactions will increase the Midland-based company’s holdings in the Permian by 81,500 acres. The Lawbook’s Caroline Evans has the names of the lawyers and the other firms involved.
There were 10 transactions reported to the CDT Roundup last week. Three of them were automotive. In itself it doesn’t really mean anything. But a closer look continues to suggest that Texas dealmaking is locked into a future that runs the full swath of modern life. Allen Pusey and Caroline Evans report.
Lawyers almost never get to enjoy the fruits of their labors after successfully representing a client. Not true for Barron Wallace. He’s driven on highways and crossed bridges, sat in sports stadiums and waited in comfort at airports that are the results of his legal handiwork. Wallace, a public finance partner at Bracewell in Houston, has led more than 300 muni-bond projects valued at $37.26 billion during the past eight years. And he is far from finished.
If you were wondering where the energy deals went, don’t worry. Of the 15 deals last week 11 of them were in the energy space. Yes, they included some alt deals, but there were a few familiar names as well. They’re in the CDT Roundup.