Rounding out appointments to the newly created business courts, Gov. Greg Abbott announced on Friday Sofia Androgué and Grant Dorfman will be the inaugural appointees to the Houston division.
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Court Rejects Billion-Dollar Legal Challenge to PUC Rates During Winter Storm Uri
Legal efforts by some of the largest energy companies in Texas to force the Texas Public Utility Commission to reprice the record-high electricity rates it charged during Winter Storm Uri three years ago were flatly rejected Friday by a unanimous Texas Supreme Court. The state’s highest court ruled that the PUC did not exceed its legal authority in February 2021 when it ignored market competition to set electric rates at $9,000 per megawatt-hour because the Texas grid faced an emergency crisis and possible collapse “that would have plunged the state into darkness for weeks, maybe months.”
The unanimous 30-page opinion reverses the decision of the Austin court of appeals in 2023 that the PUC overstepped its legal authority by ignoring integrated market competitive procedures and instead manually set electric rates during the four days of Winter Storm Uri.
Dallas Boutique Reese Marketos Obtains $150M Verdict Against Janssen Products Over HIV Drugs
A federal jury in New Jersey found Janssen Products violated the federal False Claims Act by unlawfully promoting Prezista or Intelence. But the jury found Janssen did not violate the Anti-Kickback Statute.
SCOTX Says No Ambiguity in Contract Underpinning UT’s $51M Royalty Dispute
Chief Justice Nathan Hecht, writing for the unanimous court, explained that when the royalty provisions are read “together, not separately” and are considered in the context of the parties’ agreement, they are not ambiguous. But the ruling that sided with the University of Texas System Board of Regents did not give the university an outright win.
Jury Sides with Developer in Trial Over Collin Creek Mall Property
C. Gregory Shamoun of Shamoun & Norman, who represented 13MC in the trial, told The Texas Lawbook in a recent interview that from the beginning, he tried to “keep it simple” for the jury that was given what he said was “one of the most complex” charges he’s seen in 35 years of practicing law. It took the 12-person jury that heard a week of testimony about three hours on Monday to determine Megatel waived its right of first refusal to purchase the property from 13MC via a breach of contract.
Governor Appoints Justices to San Antonio, Dallas, Fort Worth Business Courts
Gov. Greg Abbott has appointed two judges each to the new business courts in San Antonio, Dallas, Fort Worth and Austin, leaving only the division in Houston without inaugural appointees.
The governor made appointments to the San Antonio court Thursday, while on Wednesday he appointed the judges in Dallas and Fort Worth and on Tuesday he appointed jurists to the newly-created Fifteenth Court of Appeals as well as the Austin division of the business courts.
Exxon Mobil Names Former Fox Lawyer as New GC
Following its pattern of promoting former top federal prosecutors and regulators to leading corporate positions, Exxon Mobil announced Wednesday that former Fox Corporation general counsel and former U.S. attorney for the District of Columbia, Jeff Taylor, will be the energy giant’s next top lawyer. Exxon Mobil announced Wednesday that Craig Morford, also a former federal prosecutor who has been the company’s general counsel since 2020, will retire on July 1 and that Taylor will be his replacement.
Texas Law Firm Obtains Full Defense Verdict for Michaels Stores in Paint-By-Numbers Dispute
A federal jury in Dallas decided Michaels Stores did not infringe on a small business’ paint-by-numbers art kit or engage in unfair competition. Dallas lawyers with Munsch Hardt Kopf & Harr took the case less than three months before the trial began.
Matador Inks $1.9B Bolt-On Deal with EnCap for Delaware Basin Assets
The two sides were counseled by Baker Botts and Vinson & Elkins, much as they were in a similar transaction in 2023. The bolt-on transaction includes an interest in Piñon Midstream, a pipeline and gas treatment operation that expands Matador’s operational footprint in New Mexico and West Texas.
Gotta Move On: Polsinelli Expands to Fort Worth
Kansas City-based Polsinelli announced Wednesday it has opened its third office in Texas in ‘Funkytown’ with a group of four transactional lawyers. Firm leaders say Fort Worth is a right fit for the Midwest firm.