Free Speech, Due Process and Trial by Jury
Denver-based mining company Energy Fuels said that it has acquired German magnetics company Vacuumschmelze, also known as VAC, from private equity firm Ara Partners for about $1.9 billion in cash and stock.
Dentons, Dorsey & Whitney, Herbert Smith Freehills Kramer and Latham & Watkins advised on the deal.
Vinson & Elkins named Jason Marty as its chief operating officer in Houston, replacing Adam Kassoff, who is retiring.
Aly Dossa, chair of Chamberlain Hrdlicka’s IP and tech practice, has been appointed the firm’s first chief innovation officer.
In this edition of Litigation Roundup, Gibson, Dunn & Crutcher secures a big win on appeal for a major Brazilian mining company that was facing a $500 million lawsuit in Nueces County, and a team from King & Spalding beats back class certification in a 6,000-plaintiff antitrust case playing out in federal court in Illinois.
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.
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.
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.
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.
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.
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.
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