Baker Botts, one of the oldest, largest and most successful corporate law firms in Texas, has chosen John Martin, a partner in its Palo Alto office, as its next managing partner. He is the firm’s first non-Texas based partner to lead the 725-lawyer operation.
A new interactive storybook by Dallas lawyer Jodie Slater Hastings does more than just keep children entertained while on smart devices. It also helps them appreciate the privilege it is to be a lawyer — and better understand the legal profession that their moms leave the house every morning to go do. Better yet: Hastings launched this idea forward after reporting for jury duty. Natalie Posgate has the story.
Analysts say that the deal is accretive on financial metrics that matter, their acreage positions in the Delaware Basin fit like a glove and the transaction’s synergies are significant.
In a year when mergers, acquisitions and joint ventures in Texas are down significantly, lawyers at Kirkland & Ellis are actually expanding their position as the go-to M&A law firm for businesses in the state. M&A activity declined or was stagnate at 17 of the top 30 corporate law firms during the first nine months of this year, according to Mergermarket. Five firms are down double-digits in deal count from 2018. Kirkland is the only firm in the top 30 up double-digits. The Texas Lawbook has the details.
Texas Supreme Court oral arguments Thursday in the dispute over judicial sanctions against Dallas trial lawyer Bill Brewer featured lawyers on all sides making factual allegations, highly engaged justices actively interrupting and pushing back and one attorney threatening to quit the legal profession if the court ruled in favor of Brewer. One of the lawyers went so far as to argue that Texas law gives the justices no choice but to uphold the sanctions against Brewer. The Texas Lawbook has full details.
With the global economy slowing and debt obligations in the energy sector coming due, many experts foresee a wave of bankruptcies hitting Texas very soon. Law firms looking to bulk up their bankruptcy practices can turn to litigation finance to help them grow and compete in Texas’ busy restructuring market.
David Peavler has been the U.S. Securities and Exchange Commission’s top federal cop in Texas overseeing corporations, financial institutions and investment firms for three months and one day. This Tuesday, Peavler and a panel experts are discussing the SEC’s challenges, new focuses and recent developments and trends in an exclusive CLE ethics program. In this article, Peavler and the panelists give a sneak, but substantive preview of their talking points.
M&A numbers may be down across the globe, but there is one sector that is holding its own: U.S. oil and gas. In her weekly Roundup Claire Poole explores the data along with last week’s deals involving Texas lawyers.
AUSTIN – For one side it was a partnership; for the other, it was simply “a feasibility study.” But Tuesday’s collision between Energy Transfer Partners and Enterprise Products Partners in the Supreme Court of Texas lived up to its billing as a case that involves more than a failed joint venture and a $535 million jury verdict.
While the deal count stayed above 200 in the third quarter, it was the lowest level over a 12-year period since the second quarter of 2013. Observers blame trade wars and economic concerns as the culprits.
In a unanimous verdict, the jury ordered the principal of a large Texas-owned car dealership to pay Ford’s financial services arm $53.7 million. The case is part of one of the nation’s largest auto-dealer frauds.