The case implicated issues at the forefront of the American social, political and legal consciousness. Practically speaking, the decision has implications and reminders for employers in the education sector and beyond.
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Litigation Roundup: SCOTX Will Hear Anadarko Lease Dispute
In this edition of Litigation Roundup, Kroger strikes an $83 million deal to bring an end to opioid epidemic claims in Texas, the state is given a deadline to reply to a rehearing request in the longrunning litigation over the safety of the foster care system and a fried chicken trademark spat lands in the Eastern District of Texas.
CareMax Hires Sidley to Lead Chapter 11 in NDTX
A Miami-headquartered and publicly traded healthcare network filed for Chapter 11 bankruptcy protection Sunday in Dallas, citing between $500 million and $1 billion in liabilities but less than $500 million in assets.
Democratic Judge Tina Clinton Claims Late Victory in Dallas Court of Appeals Election
The news of an all-Republican sweep of the Texas Fifth Court of Appeals in Dallas last week was premature.
Citing mail-in ballots and provisional voting from Dallas County and Collin County, multiple sources have told The Texas Lawbook that Dallas County Criminal Court Judge Tina Clinton, a Democrat, appears to have flipped the election results and won her race for the Dallas appeals court against Thompson Coe commercial litigator Matthew Kolodoski.
CDT Roundup: 17 Deals, 11 Firms, 245 Lawyers, $11.5B
Methane emissions are a sticky business in Texas, especially in the Permian where the colorless, odorless substance is simply a by-product of exploration and production for oil and gas on a massive scale. An $88 million satellite set into orbit in March, however, has begun to visualize and quantify the problem. The picture isn’t pretty. But situation is complicated, as the CDT Roundup reports this week — along with its usual survey of transactions.
Citi: Texas Firms Experiencing Headcount, Revenue Growth So Far in 2024
Texas-based corporate law firms experienced strong headcount, demand and revenue growth during the first nine months of 2024, according to new Citi Law Firm Group data provided to The Texas Lawbook. The dozen or so law firms headquartered in Texas increased their year-over-year lawyer headcount during the first three quarters by three percent, compared to 1.3 percent for firms nationwide. Those firms grew equity partnership by 2.2 percent, which compares to zero percent nationally, according to Citi’s exclusive data.
Porter Hedges, Latham Lead Vroom’s Bankruptcy
Houston-headquartered Vroom Inc. filed for Chapter 11 bankruptcy protection Thursday in the Southern District of Texas, citing about $305 million in liabilities but only $44 million in assets. An automotive finance company and digital service platform for car retailers, Vroom selected Porter Hedges as its lead legal advisor and Latham & Watkins as special advisory counsel. The company also selected Stout Risius Ross as its financial advisor and Verita Global as claims and noticing agent.
How Instant Brands Went From Victim to Accused, According to Bankruptcy Trustee
A New York firm apparently victimized by questionable bookkeeping in an M&A deal was accused by a bankruptcy trustee last week of using that same questionable bookkeeping to pay $345 million in dividends to itself and its investors from a fraudulently obtained loan.
Self-Driving Truck Company TuSimple Sues Co-Founder’s New Venture Over Alleged Theft of Trade Secrets, Proprietary Technology
Autonomous trucking company TuSimple Holdings Inc. is suing a new venture led by TuSimple’s co-founder and ex-CEO in one of the first Texas business court cases. Lawyers for TuSimple say the case is among the earliest and largest nationwide in which artificial intelligence technology is at the core.
Spicey Partners Real Estate, aka Cosmed, Files for Bankruptcy in Houston
Rhode Island-based sterilization company Cosmed Group and its affiliated company Spicey Partners Real Estate have filed for bankruptcy in the Southern District of Texas.