Alan Albright was appointed to the federal bench in 2018 and quickly implemented local rules and procedures that turned his courtroom into a preferred venue for patent disputes. He stepped down from the role last month.
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ONEOK Gets $9B from Apollo, Buys Brazos Midstream’s Natural Gas Assets in Permian Basin for $4.4B
ONEOK announced that it received a minority investment of $9 billion from private equity firm Apollo. The Tulsa midstream company also said it has acquired the Permian Basin natural gas assets of private Fort Worth-based Brazos Midstream for $4.4 billion cash. Latham and Akin advised on the deal.
SLB Acquires German Thermal Management Company from Apollo for $4.1B
Houston-based global giant SLB has acquired Kelvion, a German thermal management and heat exchange technology company, from Apollo for $3.4 billion cash and about $700 million of debt. Sidley Austin and Gibson Dunn led the deal. Paul Weiss was regulatory counsel to the PE firm.
Litigation Roundup: Dallas Panel Says 20-Month Delay by Trial Judge is ‘Abuse of Discretion’
In this edition of Litigation Roundup, we detail a brawl that took place in the sixth-floor library of the Bob Casey Federal Courthouse in Houston, Deloitte agrees to pay $21.5 million to resolve an employment discrimination case in Dallas, and Texas reaches a settlement with Meta that will total about $1 billion.
Dallas PE Firm Accused of Fraudulent Transfers in $40M Judgment Collection Row
A nine-year fight to recover a judgment that now exceeds $40 million from a Dallas private equity firm entered a new chapter Friday, when SunTx Capital Management was named in a lawsuit and accused of violating the Texas Uniform Fraudulent Transfer Act.
Are They Employees? The Question College Sports Can No Longer Avoid.
The NCAA just paid $2.8 billion to settle a dispute about college athletes’ rights to share in revenue generated by their sports, effectively conceding that the relationship between schools and athletes is heavily economic and not purely educational. This appears to be another key step to resolving an increasingly disputed question in college athletics: Are college athletes employees?
This is Part One of a series examining the legal battles that are reshaping college sports.
Kirkland & Ellis Steals Second Gibson Dunn Partner in August
Kirkland & Ellis announced this morning that Prerak “Pre” Shah, a former U.S. attorney for the Northern District of Texas, has joined its Houston office as a partner to focus on state attorneys general litigation.
Shah, who worked a year in the Texas attorney general’s office in 2016, told The Texas Lawbook that he lateraled to Kirkland because it “has an unmatched litigation platform, an exceptional client base and a real appetite for investing in areas where clients are facing growing risk.”
Vartabedian Katz Continues to Grow, Gains Three Partners from McKool Smith
After Rob Vartabedian brought on Marc Katz and his labor and employment team from DLA Piper in February, he told The Texas Lawbook he was “a little exhausted by expansion.”
But that was six months ago. On Monday, Vartabedian Katz Hester & Haynes announced it is bolting on an intellectual property litigation practice with the addition of a trio of partners from McKool Smith.
International Trade Compliance as a ‘Competitive Advantage’: Catching Up with Stinson’s Ogbo Ossai
Dallas trade lawyer Ogbo Ossai joined Stinson earlier this summer after operating his own firm for a dozen years. The Lawbook caught up with Ossai about his move and “one of the most dynamic times” to be an international trade lawyer.
nVent Buys Maverick Power to Invent ‘Electrified Future’
Jackson Walker advised Maverick Power in its $1.75 billion acquisition by British power products manufacturer nVent. The deal positions nVent to provide key power products for data center power and backup needs. Foley & Lardner advised nVent.