The two major producers of industrial equipment say the merger will allow both the scale and profitability to support their strategic orientation toward decarbonization and other clean alternative energy processes. Claire Poole reports.
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Q&A with Newly-Appointed Pro Bono, Public Service and Diversity Reporter Natalie Posgate
Natalie shares why she wanted to take on the new beat, how the public service bucket is different from pro bono and issues of particular importance to her.
CDT Roundup: 25 Deals, 16 Firms, 509 Lawyers, $19B
Is the M&A market becoming a competition between “haves” and “have nots?” Maybe so, according to a recently released survey of nationwide dealmakers conducted by Dykema. Nearly two-thirds of respondents expect the U.S. M&A market to improve in the coming year. But for whom? Where companies with record amounts of cash on hand see opportunity, those who operate as borrowers see obstacles. The Roundup has more on the Dykema report, along with more than 500 names of mostly-Texas lawyers who worked on 25 deals reported last week to the Corporate Deal Tracker. It was, in that way, a record-breaking week.
Litigation Roundup: VLSI, Intel Face Off in Another Jury Trial, Waco JP Can’t Shake Sanction, Baker Botts Draws Malpractice Suit
In this edition of Litigation Roundup, Texas reaches a tentative settlement with Colorado and New Mexico in a nearly decade-old lawsuit over use of the Lower Rio Grande River’s resources, two major tobacco companies say Texas owes them about $8.6 million in taxes paid under protest, and another trial between VLSI and Intel kicks off.
Gibson Dunn, Winston & Strawn Add Houston Deal Lawyers
Gibson Dunn gained a former Blackstone lawyer and Winston & Strawn picked up a former energy executive.
Energy Policy Remains on the Ballot
Whatever the outcome of Tuesday’s mid-term election, the results will likely have great influence over U.S. energy policies in years to come. The various directions of those policies were discussed in a webinar involving partners at Akin Gump. Nushin Huq has their observations on the possibilities.
Talen Energy Bankruptcy Inches Toward Resolution
Lawyers for Talen Energy and its creditors say they are “powering forward” toward a Dec. 15 confirmation hearing that will begin The Woodlands-based company’s exit from bankruptcy. Talen and most of its creditors have until the end of business on Dec. 6 to obtain votes of approval of the proposed plan from claim holders that would eliminate $1.4 billion and make the bondholders owners of the business. Opponents of the plan must file objections that same day, Dec. 6.
McDermott Continues Growing Texas IP Practice
David Tobin, who is made a partner with the move, is the 13th lawyer to leave Baker Botts for McDermott Will & Emery this year.
P.S. — An Anti-Bullying Grant, Awards Season Frenzy, A Thank-you Note
In this week’s P.S. column, we highlight a slew of attorneys and law firms awarded for their pro bono efforts, some recent nonprofit board appointments, an upcoming CLE featuring pro bono veterans in the industry (with ethics credit), and a significant grant awarded to a San Antonio-based project that supports children and their families impacted by bullying.
Long-running Legal Malpractice Suit Again Revived
The Fourth Court of Appeals said the case should not have been dismissed last year for want of prosecution at a time when civil jury trials were not available in Kerr County. The case involves Utopia lawyer Patricia Skelton’s claim against her criminal defense lawyer, which previously survived a dismissal when the Texas Supreme Court allowed Skelton to prove her innocence in the malpractice case.