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Pioneer’s Akshar Patel Counseling the Board on the Biggest M&A Deal of 2023

Akshar Patel has always been a prodigy, graduating summa cum laude at 19 and law school at 21, where he was an editor at SMU Dedman School of Law’s International Law Journal. He had four years of corporate law practice on his resume and was associate general counsel at Flowserve Corporation at 26. Now a ripe old 38, Patel is the corporate secretary and vice president of legal at Pioneer Natural Resources, where he played a critical role in the October 2023 $64.5 billion acquisition of Pioneer by Exxon Mobil.

“He played an instrumental role in orchestrating the largest deal signed in the entire world in 2023,” said Gibson Dunn partner Jeff Chapman. “To quote the great sage Adam Sandler, ‘Not too shabby.’”

Citing his extraordinary work on the Exxon Mobil deal, the Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook are honoring Patel with the 2023 DFW Corporate Counsel Award for Corporate Secretary/Legal Counselor of the Year.

CDT Roundup: 14 Deals, 12 Firms, 109 Lawyers, $4B

Professional sports, once the domain of rich guys who made their money in steel or automobile dealerships, has become its own source of cross-industry partnerships, once-verboten relationships and even M&A. The CDT Roundup looks at how a couple of Texas billionaires and a South Texas bankruptcy are accelerating those changes — along with the lineup of last week’s deals.

Fifth Circuit: Police Immune for Arresting Journalist Just for Asking Questions

Laredo officials who arrested a citizen-journalist in 2017 for asking for information deemed nonpublic cannot be sued for violating the First Amendment rights of the reporter because the officers have qualified immunity because they believed they were following a Texas law — even though the law had never been successfully used in a prosecution and has been declared unconstitutional, a hotly divided U.S. Court of Appeals for the Fifth Circuit ruled late Tuesday. The en banc court of the Fifth Circuit ruled 9-7 that police and prosecutors should not be required to know whether a state law is constitutional or not when enforcing laws.

But seven Fifth Circuit judges in four different dissents blasted the majority’s decision because it turns routine questioning by news reporters into probable cause for committing criminal activity and shows how screwed up the Fifth Circuit is when it comes to granting immunity to government officials who abuse their power.

(Editor’s Note: A previous version of this article states that the en banc vote was 10-7 instead of 9-7. The Lawbook regrets the error.)

Match Litigation Team Took on the 800-pound Gorilla and Won

When Google changed its policy in 2020 to require all businesses selling apps through the Google Play Store to use Google’s electronic bill pay system, officials at Match Group quickly realized that this meant hundreds of millions of dollars in lost revenue. The alternative was even more devastating — being booted off Google Play, which generated billions in revenues from Android users for Match brands, such as Tinder, PlentyofFish and Match.com. The Match legal team — including Chief Legal Officer Jared Sine, Associate General Counsel Jeanette Teckman, Senior Litigation Counsel Stephen Myers and Litigation Counsel Katie Johnson — tried to work with Google on a resolution for two years, but finally decided in March 2022 to sue its largest business partner on allegations of market manipulation, broken promises and abuse of power.

The challenges for the Match legal group included Google’s extraordinarily positive public reputation and its army of successful lawyers, three million documents of discovery to review, an expedited trial plan set by the judge and co-plaintiffs combined into the litigation that did not always see eye-to-eye with Match on all issues. Winning at trial was anything but a sure thing. In fact, Apple had defeated a nearly identical lawsuit in 2021 and 2023. Efforts to reach an out-of-court agreement were fruitless.

Q&A: Katie Johnson of Match Group

When Google changed its policy in 2020 to require all businesses selling apps through the Google Play Store to use Google’s electronic bill pay system, officials at Match Group quickly

Q&A: Stephen Myers of Match Group

When Google changed its policy in 2020 to require all businesses selling apps through the Google Play Store to use Google’s electronic bill pay system, officials at Match Group quickly

Q&A: Jeanette Teckman of Match Group

When Google changed its policy in 2020 to require all businesses selling apps through the Google Play Store to use Google’s electronic bill pay system, officials at Match Group quickly

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