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Dallas’ Kainos Capital is selling Earthbound Farm to WhiteWave, a spinoff from Dean Foods in Dallas.

Dallas’ Kainos Capital is selling Earthbound Farm to WhiteWave, a spinoff from Dean Foods in Dallas.

One deal is worth $950 million and the other is worth $435 million.

One deal is worth $950 million and the other is worth $435 million.

Large Texas businesses scored a major legal victory Tuesday when a federal appeals court ruled that they can use employment contracts to ban class action arbitration proceedings in wage and work condition disputes with employees. The Fifth Circuit ruled that the National Labor Relations Board overstepped its authority when it told Fort Worth-based D.R. Horton that it could not require its employees to sign an agreement that prohibited them from joining together in an collective arbitration case.

The U.S. Supreme Court ruled in a Texas case Tuesday that companies can use contractual agreements with other businesses to dictate the courts in specific states where disputes between the companies must be resolved. The decision is a huge win for large businesses operating in multiple states that want to litigate all their civil disputes in their home jurisdiction.