Free Speech, Due Process and Trial by Jury
Skadden and Gibson Dunn advised the two companies on the merger, which would create one of the largest shale oil producers in the Delaware Basin. The Texas Lawbook's Jason Philyaw has the details.
Fifth Third Bank's merger with Dallas-based Comerica was a complex mega-transaction put extraordinary pressure on the Comerica legal department, which was already being pushed to the limit on other matters. But the $10.9 billion transaction announced on Oct. 6 officially closed this morning at 12:02 a.m., a mere four months after the deal was announced. Citing their extraordinary accomplishments, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook this past Thursday night honored the Comerica legal department and its outside counsel at Wachtell Lipton with the 2025 DFW M&A Transaction of the Year.
Latham and White & Case advised on the deal which includes a federal government stake in the publicly traded magnet manufacturer. USA Rare Earth operates a Rare Earth minerals mining facility in Hudspeth County in West Texas.
As a teenager and college student, Chris Blevins watched his father — an accountant turned business entrepreneur — negotiate contracts, do deals with vendors and handle issues with clients and customers.
“I was taking a few business and law-related classes, and I started realizing that the things that frustrated him weren’t about the product or the customers, they were about navigating legal and contractual issues that felt foreign and risky,” Blevins said. “It clicked for me that I could be someone who helped businesses run better by removing the friction and risk around these issues, making things clearer and easier.”
For Blevins, the career strategy paid major dividends in 2025 when he scored some huge successes for Grapevine-based Solo Brands. As such, the Association of Corporate Counsel’s DFW Chapter and The Lawbook have named Blevins as a finalist for the 2025 DFW Corporate Counsel Award for General Counsel of the Year for a Small Legal Department (two to five attorneys).
Veteran corporate lawyers and dealmakers Wilson Chu and Joanna Lin have left McDermott to launch Dechert’s new Dallas office, following their high-profile work advising Tesla on Elon Musk’s $1 trillion employment contract. Their move was quietly noted in Dechert’s announcement of 20 partner hires for new offices in Dallas and Chicago, and existing ones in key U.S. markets, marking another shift amid McDermott’s ongoing post-merger reshuffling.
Artificial intelligence as a service is transforming business operations across industries, but its tax treatment remains inconsistent among states. For example, Texas applies sales tax to many AIaaS offerings under its “data processing” framework by taxing 80 percent of the service charge, while Indiana exempts AIaaS entirely as a nontaxable service. These differences have significant implications for deal structuring, compliance risk and valuation in private equity transactions. This article examines Texas’ controversial stance, contrasts it with Indiana’s approach and explains why these distinctions matter for investors and operators.
Adam Shulman lives by two lessons from his father: anything becomes interesting when examined closely, and mastery begins with the willingness to be terrible.
As vice president of corporate global strategy and development at Dallas-based Celanese, Shulman applies both principles daily. Celanese is a global leader in producing specialized chemicals and engineered materials essential to countless industries, from cellulose acetate used in glasses and packaging to high-performance polymers found in solar panels and orthopedic implants.
This appreciation for complexity and disciplined curiosity helped earn Shulman recognition from The Texas Lawbook and the DFW Chapter of the Association of Corporate Counsel as a finalist for the 2025 M&A Transaction of the Year.
Mitsubishi Corp. said Friday that it has entered the U.S. shale gas business with the acquisition of specific assets from Dallas-based private investment firm Aethon Energy Management for about $7.5 billion. Latham & Watkins advised Aethon and Vinson & Elkins represented Mitsubishi.
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