All too often commercial tenants accept their lease agreements freely and without any objections. However, a one-time review of the lease can lead to years of savings.
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CDT Roundup: 12 Deals, 9 Firms, 59 Lawyers, $24B
Like “energy transition” before it, the word “infrastructure” has worked its way into dealmaking vocabulary as a significant buzzword. But buzzwords can buzz with real money behind them as a new McKinsey report suggests. Funds earmarked for infrastructure and natural resources investment hit $158 billion last year and such assets under management last year were up more than 14 percent over 2021, according to the report. Claire Poole takes a look at the short- and long-term for infrastructure dealmaking, and it’s more complicated than it seems. But at least one infrastructure deal among the dozen transactions reported to the CDT Roundup last week shows that the numbers can be really, really big.
Litigation Roundup: Texas Hammer-based Prejudice Claim Tossed, Chevron Beats a Uri Gas Delivery Suit
In this edition of Litigation Roundup: Uvalde police officers lawyer up in the suit over the Robb Elementary shooting; Fifth Circuit determines discussion of “The Texas Hammer,” during jury selection didn’t taint the outcome of a trial and Pappas Restaurants’ fight over losing a $470 million contract heats up.
Texas Orders Cayman Islands Crypto Firm to Pay $424,000 and Cease Doing Business
The consent order is part of a nationwide investigation in which Nexo Capital Inc. agreed to pay $22.5 million in fines related to the sale of unregistered securities.
Omar Samji Departs Shearman for Weil
Omar Samji’s departure follows the recent high-profile exits of Hugh Tucker and Jeremy Kennedy who left Shearman for Haynes and Boone. Samji plans to tool his energy practice towards the rapidly-evolving transitional sectors, like decarbonization, that are gaining significant ground within the traditional oil & gas industry.
Fifth Circuit Nominee Irma Ramirez ‘Devoted to Following the Law’
Irma Jean Carillo was 15 and a sophomore in high school in rural West Texas when she started thinking about becoming a lawyer.
“I refused to take home economics. I took speech and debate instead,” she told the Dallas Bar Association in 2022. “The idea of extemporaneously speaking and debating and getting to argue with the teacher was so much fun. Doing the research and making sure that we prepared the arguments. It was so much fun.”
Four decades later, Irma Carillo Ramirez is a U.S. magistrate in Dallas and likely to soon be the first Hispanic woman to serve on the U.S. Court of Appeals for the Fifth Circuit.
SCOTX Adopts Broad Rule on Intent to Arbitrate
The Texas Supreme Court decides a closely watched business case by finding that adoption of American Arbitration Association rules in oil and gas leases shows “clear and unmistakable” evidence of intent to arbitrate. A dissenting justice says the ruling will strip courts of power to decide whether a particular dispute falls outside the scope of an agreement to arbitrate.
Prominent Texas Criminal Defense Attorney Gets the Hollywood Treatment
A new five-part Showtime series about the criminal trial of the Branch Davidians who survived the siege in Waco 30 years ago begins streaming today. Houston defense attorney Dan Cogdell, who won an acquittal for his client Clive Doyle, is played by the actor Giovanni Ribisi. The Texas Lawbook had a chance to chat with Cogdell about both experiences,the real and the cinematic.
NDTX Magistrate Irma Ramirez Nominated to Fifth Circuit
A former federal prosecutor in Dallas, Judge Ramirez has served as a federal magistrate in the Northern District of Texas since 2002. In 2016, she was nominated to a NDTX judgeship with the support of both Texas senators, but never received a vote by the Republican-controlled U.S. Senate.
P.S. — Pro Bono Asylum, Women’s Advocacy and an Impromptu Nonprofit Spotlight
This week’s edition of P.S. features a follow-up on a screening event that seeks to raise awareness and funds for refugees and earthquake relief in Turkey and Syria, a spotlight of a nonprofit that advocates for the constitutional rights of Muslim Americans and two upcoming awards events that predominantly honor women lawyers who have made a mark in the legal profession and advocate for other women. Firms featured include Akin, Carrington Coleman, Sidley, Jones Day and more.