Baker McKenzie and K&L Gates advised on the transaction, the second in a week involving Baker Hughes. The Houston-based company is in the process of divesting or streamlining its involvement in non-core businesses.
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Troutman Pepper Locke Snags Two Key Houston PE Partners
Troutman Pepper Locke has strengthened its private equity and investment funds advisory capabilities by hiring Brian Rose and Allison Pearce as partners in its Houston office, the firm announced in a news release Monday.
CDT Roundup: A Week of Energy Deals, Suicide Drones, Cybercurrency PIPES and Another $20B
Yes, the streak is still alive: for five weeks in a row transactions have totaled more than $20 billion. The menu of deals reported last week was heavy on power and energy entrees. There was a $19 billion merger of fluid motion control products. A simpler $4 billion upstream deal. A midstream JV buyout. Another JV formed. And a whole new energy E&P funded with some familiar faces. A deal for emergency power grid infrastructure services. And another for a power plant rehab firm. But there were also some interesting side dishes.
Jackson Walker Hires Bracewell Partner to Lead Appellate Group
Roughly one month after adding former Texas Supreme Court Chief Justice Nathan Hecht to its ranks, the firm has tapped Jeff Oldham to be the firmwide chair of its appellate section. Oldham had most recently been an appellate partner in Bracewell’s Houston office.
Husch Blackwell Hires Veteran Real Estate Partner in Dallas
Husch Blackwell has expanded its real estate, development and construction industry team, the firm announced in a news release, by hiring veteran partner Steven Katkov.
Injured Man Gets $9.45M Jury Verdict Against Dallas Hotel
While walking his dog at a hotel in Uptown Dallas, a man fell and suffered serious injuries. A Dallas County jury has awarded him more than $9 million for the incident.
P.S. — Raising the Bar: Lawyers Fight Food Insecurity, Support Veterans and More
In this week’s P.S. Column, the Dallas-area legal community is recognized for raising more than $145,000 and donating nearly half a ton of food to the North Texas Food Bank through the annual Food from the Bar campaign, with top-performing firms honored at a recent awards celebration. In Houston, Bracewell and Cheniere Energy recently worked a free legal clinic at the Veterans Affairs Medical Center, assisting 23 veterans with challenges such as housing disputes. Meanwhile, Kirkland & Ellis and AlixPartners have launched the first-ever Knock Out the Need blood drive to address summer shortages. Other notable updates include nonprofit board appointments, scholarship awards and Communities Foundation of Texas presenting its 2025 Vester Hughes Award to Holland & Knight’s David Rosenberg.
Winter Storm Uri Victims Ask SCOTX to Reinstate Their Claims
Lawyers for about 20,000 Texans and Texas businesses have asked the Texas Supreme Court to revive their Winter Storm Uri-related lawsuits and allow their negligence claims against power generators such as Luminant, NRG Power and Calpine to go to trial. In court documents filed Thursday, Dallas appellate law expert Ann Saucer told the justices that a 2023 decision by the First Court of Appeals in Houston that the power generators are immune from the Winter Storm Uri lawsuits “relied on invented facts” and “stifles the common law and threatens legal ossification and economic stagnation” and needs to be reversed. (Feb. 2021 AP file photo)
Flowserve, Chart Industries Agree to Combine in $19B Merger
The combination expects to exploit the growing demand in energy and data infrastructure, particularly in the lucrative aftermarket for upgrades in industrial fluid controls. Cravath and Winston & Strawn advised on the deal.
New UT Law Grads Make Courtroom Debut in Federal Appeals Arguments
In their career debuts, two newly minted University of Texas law school graduates and incoming Kirkland & Ellis associates faced pointed judicial questioning from the U.S. Court of Appeals for the Fifth Circuit in a prison conditions case. Gabrielle Olubanke Howells and Lizeth Badillo Garcia spoke with The Texas Lawbook about rising to the rare occasion of presenting oral arguments in a federal appeals case before even taking the bar exam.