Baker Botts, Wachtell Advise on $17B Cabot-Cimarex Merger
Strategic combinations continue to be the theme of energy M&A in 2021 as Cabot and Cimarex announce plans to combine in an all-stock "merger of equals."
CDT Roundup: 18 Deals, 13 Firms, 220 Lawyers, $10.6B
There's renewed vigor behind the Baby Boomer exit thanks to option value, pandemic fatigue and the looming threats of shifting capital gains and QBI treatments. The Texas Lawbook has that take on the sell-side environment and more in this week's Corporate Deal Tracker installment.
DBJ: Vista Equity-backed Solera to Acquire 2 Texas Companies
Vista Equity is looking to roll up three of its portfolio companies based in North Texas as Solera Holdings looks to acquire Omnitracs and DealerSocket.
Insolvency and Fiduciary Duties of Directors Selling a Business – In Re Nine West
The holding late last year in In re Nine West LBO Securities Litigation set the business bar abuzz. In this article, Crain Caton & James shareholder Adrienne Bond provides key takeaways from a case perceived as a groundbreaker in fiduciary duty case law.
Texas-based Core-Mark Snapped Up in $2.5B Deal
A handful of Dallas-based Weil lawyers aided in the proposed $2.5 billion sale of Core-Mark, a large convenience store distributor headquartered in Westlake, Texas.
Express Negligence and Fair Notice Limitations on Risk-Shifting in M&A Transactions
The shifting of risk from one party to another is an important aspect of any merger and acquisition transaction. Jackson Walker attorneys Byron Egan and Zachary Ward look to Texas law for guidance in writing effective indemnification provisions, waivers and releases.
Dallas’ AT&T Gets Creative to Alleviate Debt in WarnerMedia Spin-off Agreement With Discovery
AT&T's Troy Hatch, Michael Pratt, Terry Velesiotis, Brandon Satterwhite and David McAtee led the Dallas company's internal team in a $43 billion transaction that would see WarnerMedia combine with Discovery Inc. for an all-new, standalone entertainment entity.
2021 Texas Legislature Moves Forward on Changing Business Entity Laws
In this article, Hunton AK partner Daryl Robertson reviews three bills drafted by the Committees of the State Bar of Texas Business Law Section that have been passed by the Texas Legislature.