Free Speech, Due Process and Trial by Jury
The former federal prosecutor and Jones Day partner discusses his first months at Schwab, important developments in cybersecurity and data privacy and how he keeps winding up working with Shamoil Shipchandler.
Last year saw a flurry of litigation in Texas state and federal courts arising from the February 2021 extreme cold weather event known as Winter Storm Uri and whether it constituted a force majeure event under the terms of natural gas contracts. With the one-year anniversary of Winter Storm Uri upon us, and with many of these cases still winding their way through the courts, prudent players within the natural gas supply chain should conduct a review of their natural gas contracts to prepare for future adverse weather events. There are key considerations legal departments in the natural gas sector must consider when reviewing their company’s NAESB contracts.
More than 150 fully vaccinated general counsel, senior in-house counsel and corporate lawyers gathered Thursday evening for the 2021 DFW Corporate Counsel Awards. Thirteen trophies were handed out for categories ranging from Business Litigation and M&A Deal of the Year to Rookie of the Year and Legal Innovation. Five of the categories had multiple finalists.
This Thursday, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook host the 2021 DFW Corporate Counsel Awards. Nearly 70 in-house corporate counsel were nominated. Fifteen independent judges selected 17 finalists who did extraordinary legal work in 2021. They include lawyers from Toyota, Southwest Airlines, Tuesday Morning, Flowserve, Match Group, Crestline Investors and Pizza Hut.
Photo: The family of the late Clarence Brown, who will be honored at Thursday's ceremony.Lawyers in the world of natural gas know Williams Companies Senior Counsel Kathryn McCoy, a former FERC lawyer who has led groundbreaking legal work developing a partnership involving LNG bunkering for ships in the U.S. She played a leading role in Southern Company’s sale of subsidiary Pivotal LNG to Dominion Energy, tackled legislation involving efforts to reduce greenhouse gas emissions and handled major force majeure issues related to Winter Storm Uri. McCoy's knowledge of the energy industry is unparalleled and her value to her new employer, the Williams Companies, is immeasurable. She is the 2021 Houston Corporate Counsel Award for Senior Counsel of the Year for a Small Legal Department.
The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook handed out the 2021 Houston Corporate Counsel Awards Thursday night to 14 in-house lawyers who achieved extraordinary success during the past two years.
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook announce the finalists for the last two 2021 DFW Corporate Counsel Awards categories: GC of the Year for a Midsized Legal Department and Senior Counsel of the Year for a Small Legal Department. In-house counsel at Pizza Hut and City Electric Supply are the winners.
Chevron senior counsel Siva Barnwell Adams worked mornings, nights and weekends in 2020 as the top lawyer representing the energy giant in its $13 billion acquisition of Noble Energy, which was the largest oil and gas transaction during the first year of the Covid-19 pandemic. Her inspiration to give it her all came 37 years earlier, when she was working part-time at Arby's and faced an angry Clear Lake High School track coach. "Today, when I think of giving 100%, I think of her.”
Premium-Only Content:She likes a good story, as long as it's a short one. She plays Texas "Hold 'Em" on a regular basis. There's a lot to know about Siva Barnwell Adams and her work, so The Lawbook's Mark Curriden asked.
Monica Karuturi and Jason Ryan remember their first pro bono cases. Karuturi, now the GC at CenterPoint Energy, represented a middle-aged woman who had been violently assaulted by her long-time boyfriend. Ryan, now CenterPoint's top regulatory and governmental affairs leader, handled a family law case involving a child-custody dispute. These were cases that deeply impacted them as lawyers. Both said their parents instilled in them a passion for community service and that they have not lost their commitment for helping those who are less fortunate and in need of legal services.
Last week, CenterPoint promoted both lawyers to executive VP of the $17.5 billion energy giant. Karuturi and Ryan are the recipients of the 2021 Houston Corporate Counsel Award for Achievement in Pro Bono and Public Service.
The two top legal officers at the Energy Giant explain what they expect from outside firms they hire, aside from expertise. And it's not just about pro bono.
Since Mark Shaw joined Southwest Airlines 22 years ago, he has faced some monumental challenges, including the repercussions from the Sept. 11, 2001, terrorist attacks; the 2008 financial crisis; the $1.4 billion acquisition of AirTran Airlines in 2010; litigation with the grounding of Boeing 737 Max planes in 2019; and the Covid pandemic, which led SWA to raise an extraordinary $18.5 billion in capital from multiple securities offerings of debt, equity and convertible notes, as well as loans and grants from the federal government. To be sure, Shaw is not close to being finished.
Even so, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook are pleased to announce that Shaw is the recipient of the 2021 DFW Outstanding Corporate Counsel Award for Lifetime Achievement.
Premium-Only Content From being the first African American elected to be Queen Cardinal at Harlingen High School in 1980 to leading one of the most successful corporate diversity efforts at one of the world’s largest corporations to being named the new chief legal officer of Sempra Infrastructure earlier this year, Carolyn Benton Aiman has earned a global reputation for leadership in diversity, equity and inclusion (DEI). The Lawbook's Mark Curriden asked Aiman about the kinds of relationships she expects with outside counsel and what they might need to know about her.
[Diversity, equity and inclusion] "should be more than an initiative or a once-a-year conversation. This has to be part of the DNA, like safety in a corporation, like culture in any relationship,” said Sempra Infrastructure Carolyn Benton Aiman. “You must tend to it. Legal departments and law firm leadership should set an expectation, and leaders should be selected for their ability to develop people across all demographics. Leaders not only talk diversity, but their actions should match their words, including who they surround themselves with and with whom they work.”
The Association of Corporate Counsels Houston Chapter and The Texas Lawbook agree and have named Aiman as a finalist for the 2021 Houston Corporate Counsel Award for Achievement in Diversity and Inclusion.
For a decade, HP battled a Taiwanese-based CD-ROM maker in courts from Texas to California over allegations of price fixing. HP senior counsel Brad Hartz and his team worked several thousand hours on objections, motions to dismiss, depositions and intense fights over discovery. HP's outside counsel, Beck Redden, worked another 5,000 hours. It all paid off on June 5, 2020, when a federal appeals court handed Hartz and Beck Redden a $438 million victory. This is the behind the scenes story of one of the biggest judgments upheld by the Fifth Circuit in a decade and the 2021 Houston Corporate Counsel Award for Business Litigation of the Year.
Photo (credit Dylan Aguilar): Brad Hartz (center right) with attorneys from Beck Redden
Premium-Only ContentFor a decade, HP battled a Taiwanese CD-ROM maker over allegations of price-fixing.Beck Redden a $438 million victory, one of the biggest judgments upheld by the Fifth Circuit in a decade.In a Q&A with The Lawbook, Hartz elaborated on other significant achievements at HP, what he looks for in outside counsel and why he takes special pride in resolving disputes without litigation.
Charlotte Rasche and her team at Prosperity Bank worked days and nights in the early weeks of 2020 to integrate its $2.1 billion merger with LegacyTexas Bank. Then March came and Covid hit. With 273 banking locations across Texas and Oklahoma, Prosperity had to decide whether to close branches, require face masks or just operate drive-throughs. Each jurisdiction had different rules. And then the federal Paycheck Protection Program launched and 14,000 PPP loans with a combined value of more than $1 billion had to be processed. These were the challenges that faced Rasche as Prosperty's general counsel.
They led multibillion-dollar deals and won billion-dollar disputes. They are young lawyers who made their mark and seasoned leaders whose companies benefited from their wisdom. They used technology and good ole fashioned legal smarts to change the corporate law profession and how companies do business. They are the finalists for the 2021 DFW Outstanding Corporate Counsel Awards, which recognizes the hard work and successes of the corporate in-house legal community in North Texas. The Texas Lawbook has the names.
For 162 days in 2020, EP Energy General Counsel Jace Locke was in bankruptcy hell. In early March, Locke and lawyers at Weil convinced a bankruptcy judge to approve a highly contentious and complex multibillion-dollar plan to exit Chapter 11. Then Covid hit. The world went into lockdown. Saudi Arabia and Russia were in a feud that flooded the world with oil. Commodity prices plunged. The bankruptcy deal: Dead. All in 11 days.
Locke and Weil went "back to the drawing board.” There were negotiations and concessions. Cuts were made, losses were accepted and new funds were committed. A publicly traded oil company once worth billions was taken private. Restructuring successful. Locke and Weil are now finalists for the Houston Corporate Counsel Award for Transaction of the Year.
In a special Q&A for Texas Lawbook premium subscribers, Mark Curriden visited with Locke, a finalist for the 2021 Houston Corporate Counsel Award for Transaction of the Year, about what he learned from the Chapter 11 process, life changing experiences and pet peeves in hiring outside counsel.
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