Dallas-based infrastructure materials firm Arcosa announced Monday that it is being acquired by CRH, a building supply firm based in Ireland. Baker Botts, Gibson Dunn and Kirkland & Ellis advised the various parties.
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Houston Finance Partner Hired by Clifford Chance
Carter L. Olson, a finance partner, has joined Clifford Chance in Houston from Vinson & Elkins. His hiring marks the fourth major lateral to Clifford Chance since March.
Trial Started Today in Fight Over Treasure Recovered from Sunken Ship
Chief U.S. District Judge Reed O’Connor heard opening statements from counsel Monday morning in Fort Worth on whether Maritime Research & Recovery should keep the treasure it recovered from a ship that sank off the coast of the Bahamas and if Allen Exploration committed defamation.
Former Texas Appellate Justice Joins Carrington Coleman
For more than five decades, Douglas Lang has been a staple of the Texas appellate law community, including 16 years as a justice on the Fifth District Court of Appeals in Dallas. Last week, Lang joined Dallas-based Carrington Coleman as senior counsel after more than four years at Thompson Coburn.
CDT Roundup: No Summer Slowdown for Deals
For the week ended June 20, the CDT Roundup reported on 11 deals with a disclosed value of $68.1 billion. Those are numbers that come naturally when SpaceX is involved.
Aside from a $60 billion SPCX stock swap for a San Francisco AI startup, there was an abundance of other billion-dollar deals. Pizza Hut had two of them, in fact.
That and more in this edition of CDT Roundup.
EDTX Jury Slaps Verizon with $190M Infringement Verdict
An Eastern District of Texas jury in Marshall swatted Verizon Wireless with a $190 million verdict for infringement of a patent owned by Aspen Networks, a California technology company. The case is one of three such cases alleging the unauthorized use of Aspen’s system to connect cellular phone calls in-progress between cell and Wi-Fi systems. The other two cases involving AT&T Mobility and T-Mobile USA are still pending.
Houston Energy M&A Partner Moves from Bracewell to Paul Weiss
Veteran energy transactions lawyer Austin Lee has joined Paul, Weiss, Rivkind, Wharton & Garrison in Houston, the firm has announced. Lee is leaving Bracewell after nearly 11 years.
From Risk to Reckoning: How a Dallas Lawyer’s Long Fight Delivered Vindication
Dallas attorney Laura Benitez Geisler agreed to represent former police captain Terry Bevill after hearing his story. He had been fired, arrested and charged with a felony for signing an affidavit questioning whether a coworker could receive a fair trial in Wood County, putting him at odds with powerful rural officials.
Despite losing his job, health insurance and facing legal uncertainty for 16 months, Bevill said he would act the same way again because it was his duty to uphold the Constitution.
Moved by his conviction, Geisler felt a responsibility to take his case.
Small East Texas Town Honors Police Officer It Once Fired and Prosecuted
QUITMAN — After a nine-year legal battle, the city of Quitman has acknowledged the hardships faced by Terry Bevill, a former police captain who was fired and later arrested for aggravated perjury after signing a 2017 affidavit stating he didn’t believe a coworker could receive a fair trial in Wood County.
Maritime Litigation Partner Returns to SBSB
Stacey Norstrud, a veteran maritime litigation partner, has rejoined Schouest, Bamdas, Soshea & BenMaier in Houston. She returns to SBSB after more than four years at Kean Miller. With more than 25 years’ experience in maritime practice, she plans focus her skills on Jones Act defense and maritime litigation.