A filing this week marked the second time the U.S. Trustee’s Office, referred to as the watchdog of the bankruptcy system, has urged the presiding judge to reject proposed settlements the Dallas-based law firm has reached with its former bankruptcy clients.
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Federal Judiciary Has 2 Weeks Until Pressure From Shutdown Increases
The federal government has shut down for lack of funding for the first time in seven years. With lawmakers in a deadlock, it is uncertain when the shutdown will end. Federal workers will continue to be paid for two weeks.
Fermi America’s $683M IPO Debuts in U.S. and London (Almost) Simultaneously
The Texas-based company is building one of the largest AI data centers on the planet. Meet the Haynes Boone lawyers who advised on the offering, which values the company at more than $13 billion.
Judge Says He Has Lost Sleep in Dr. Phil Bankruptcy Case, Takes Motion to Dismiss Under Advisement
The two-week-long hearing in the Dr. Phil McGraw bankruptcy case concluded Monday afternoon. Counsel presented their closing arguments to the Northern District bankruptcy court on whether the case should be dismissed or converted to a Chapter 7.
Inaugural San Antonio Corporate Counsel Awards Winners Announced
The general counsel at Valero Energy, Howard Energy Partners, OCI Enterprises and Stakeholder Midstream and the legal department at Zachry Group are among the recipients of the first annual San Antonio Corporate Counsel Awards.
Litigation Roundup: Family Feud Over Houston Texans Ownership Extends via $100M Suit Against NFL
In this edition of Litigation Roundup, a Dallas lawyer secures an important ruling in a case involving NCAA eligibility for an Indiana University football player from Mesquite, and the brother of the Houston Texans principal owner hires Tony Buzbee to bring a $100 million tortious interference lawsuit against the National Football League. There is also coverage of non-football-related cases.
Ares Acquires Meade Pipeline for $1.1B
A Texas-heavy Sidley Austin team advised Ares in the purchase, which secures a 40 percent stake in the Central Penn Line, a major connection between Pennsylvania natural gas fields and major East Coast markets.
CDT Roundup: Sempra Deals Lead Another $22.8B Week
The week ending Sept. 27 had 16 deals reported with an overall value of nearly $22.8 billion led by $17 billion in in just two transactions by one of the largest utility builders in North America.
EDTX Jury Hits Samsung with $78.5M Verdict in Infringement Case
Anonymous Media Research Holdings had filed suit against Samsung Electronics Co. and Samsung Electronics America in September 2023, alleging infringement of two patents covering technology used to measure media consumption. U.S. District Judge Rodney Gilstrap presided over the case that began with jury selection Monday and ended with Friday’s verdict. A related patent infringement case brought by Anonymous Media has been filed in the Northern District of California, and is currently on appeal to the U.S. Court of Appeals for the Federal Circuit. U.S. District Judge Vince Chhabria granted Roku’s motion for judgment on the pleadings in that case on Sept. 12.
Jackson Walker Strikes 2 More Proposed Settlements in Bankruptcy Fee Cases
Strike Liquidating Trust and Auto Plus Auto Sales are among a handful of companies that have reached proposed settlements with Jackson Walker. Most recently, JCPenney reached a potential $1.4 million settlement with the law firm.