Shan Khan has jumped to Greenberg Traurig after eight years at Kirkland & Ellis.
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Road to Ruin: Subprime Lender’s Troubles Include Many Turns
A year after Tricolor collapsed into bankruptcy, the SEC’s new fraud case is the latest multimillion-dollar turn in the problems faced by the subprime auto lender that have left it in liquidation and at the center of criminal fraud charges against its former executives.
CDT Roundup: An $11B Week That Fades With Scrutiny
Of the 10 equity transactions reported last week, five were minority fundings, and the largest chunk of the week’s transaction value derived from a revolving credit deal. It marked the fourth straight week when even the good numbers exude caution. Some would call that a trend.
What the Let Kids Play Act Could Mean for Private Investment in Youth Sports
The Let Kids Play Act is the first attempt by federal lawmakers to address growing issues and concerns around the $40 billion-plus U.S. youth sports ecosystem. We’ve been following this bill closely for professional and personal reasons: We are transactional lawyers who guide private equity clients through significant deals and fundraising, and we are each the parent of three children who are competitive student-athletes.
If enacted, the Let Kids Play Act would be the very definition of a game-changer for youth sports. So how did we get here?
Marshall Jury Awards Stratasys $27M Over 3D Printing Patent
After a nearly weeklong trial, a Marshall jury found a group of Chinese tech companies owe $27 million for infringing four patents related to creating and selling 3D printers. U.S. District Judge Rodney Gilstrap presided over the trial.
Litigation Between Former Prop Firm Biz Partners Ends with Public Apology, Stipulated Judgment
A fight between two former business partners who made tens of millions of dollars together building a futures prop firm in Austin before the relationship soured and spilled into separate fights in state and federal court in Texas recently ended in rare fashion. The plaintiff, Leo Riot, who in December 2024 had accused Darrell Martin and John Skelton, his former partners at Apex Trader Funding, of defrauding him, breaching contracts and misappropriating his intellectual property issued a public statement in August conceding none of his claims were true.
Kelly Hart Adds Former SEC Trial Lawyer
Tyson Lies led investigations and prosecutions into complex securities fraud and investment misconduct at the SEC’s Fort Worth Regional Office.
Willkie Gains Four Dallas Partners, Names Digital Infrastructure and Data Center Lead
Willkie continues its Dallas office buildout with the addition this week of a data center and infrastructure team from Akerman led by James Grice.
Kirkland Adds Project Finance Partner in Houston
Fern Han was previously at Simpson Thacher. She has advised on deals for EnCap Investments, Saudi Aramco, Arroyo Investors and Société Générale.
SCOTX Asked to Revive Suit Against Gateway Church, Morris, Elders
The appeal to the Texas Supreme Court comes about a month after the Fifth Court of Appeals in Dallas determined the ecclesiastical abstention doctrine required the dismissal of nearly all the claims Cindy Clemishire brought against Robert Morris, Gateway Church and three of its elders. Clemishire argued that ruling transformed the doctrine from “a tool of qualified restraint to a totalizing shield that leaves churches immune from judicial oversight.”