Thompson Coburn has hired Steven Smith as a partner in its Dallas real estate practice, the firm announced in a news release.
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Litigation Roundup: SFA’s Plans to Cut Women’s Sports Halted
In this edition of Litigation Roundup, Phillips 66 must pay $195 million in exemplary damages — on top of nearly $605 million in compensatory damages — in a trade secrets case in California, a federal judge in East Texas sides with female athletes at Stephen F. Austin State University who brought a Title IX lawsuit after the university announced it would end several women’s sports programs, and Amazon is the latest target of a company accusing retail behemoths of infringing barcode technology.
Texas Attorney Helps New Jersey Reach Potential $2B PFAS Settlement Mid-Trial
A Texas attorney served as lead counsel in what could be a $2 billion settlement in New Jersey with chemical giants DuPont, Chemours and Corteva, marking the largest environmental recovery for a single state’s claim in U.S. history, according to New Jersey officials. (File photo by Joshua A. Bickel/The Associated Press)
Dallas Women Lawyers Documentary Earns State and National Awards
A Law Unto Themselves: How Women Lawyers of Dallas Transformed Law and Community — Together is a film produced by Chelsea Hilliard and Kandace Walter, presidents of the Dallas Women Lawyers Association and the J.L. Turner Legal Association, respectively. The documentary chronicles the history of women attorneys in Dallas, highlighting how their pioneering efforts laid the groundwork for many of the city’s legal organizations and continue to shape the profession today. Since its premiere, the film has earned both state and national honors and is currently under consideration at film festivals across the U.S., Canada and Europe.
Brink’s Recruits New CLO from 7-Eleven
Kristen Cook, a 15-year lawyer with 7-Eleven who most recently served as chief of staff to the CEO, is joining the Dallas-headquartered global cash and valuables management company as chief legal officer, executive vice president, and corporate secretary. Cook discussed her 7-Eleven tenure and move to Brink’s with The Lawbook.
Methodist Health Lawyer Moves to Serenity Healthcare to Be GC
Dallas lawyer Ashley Yen, who was recognized for her efforts guiding Methodist through Covid-19, is taking her first general counsel role.
Corporate Directors and Officers — Fiduciaries or Discretionaries?
I have enjoyed the privilege of being a chaired professor at Southern Methodist University for over 35 years. That’s a good run, which I hope to keep going for a long while. In teaching my corporate and securities law courses during that time, a key principle arises with frequency — namely, that corporate directors and officers are fiduciaries. These fiduciaries are charged with acting in their respective corporation’s best interests with due care and loyalty. If they fail to do so — according to the rhetoric — they will be held accountable and subject to liability exposure. But is this merely rhetoric without substantive content? Is the term fiduciary a misnomer? In my new book, I answer these questions with a resounding “yes.”
CDT Roundup: AI’s Energy Appetite Continues to Fuel Tech, O&G Deals
The week ending Aug. 2 saw 17 transactions reporting values of $19 billion. You can compare that to last week’s 15 deals for $3 billion or the 26 deals for $16 billion we reported this time last year. The news this week is the same news last week: It’s all about AI infrastructure. The good news is that even those deals cut a healthy swath across emerging data-related business sectors. That and more in this edition of CDT Roundup.
IP Heavyweight Jeff Homrig Returns to Weil
Weil has bolstered its Texas presence by bringing back Jeff Homrig to the firm, this time as its Co-Head of its new IP, Technology & Science Litigation practice.
Sungard AS, Jackson Walker Reach Bankruptcy Fee Settlement
Information technology company Sungard AS New Holdings has asked the court to approve a $385,000 settlement it reached with Jackson Walker that would end its bankruptcy fee dispute with the Dallas-based law firm. This marks back-to-back weeks companies involved in the bankruptcy fee dispute have asked the court to approve settlements with the firm.