Fort Worth-based Lonestar Resources US Inc. plans to wipe $390 million in debt with an upcoming bankruptcy filing and a restructuring agreement it has reached with its largest stakeholders, the oil producer announced Tuesday.
A new class action lawsuit filed by lawyers at Thompson Coburn claims more than 11,000 reports of sexual assault by women in Austin languished in the system without “even being afforded the minimum diligence or care.” The suit identifies four lead plaintiffs by name and details their horrific allegations of rape.
The move comes almost one month to the date that the Atlanta firm announced the addition of Jonathan Newton from Baker McKenzie, who worked closely with the new additions.
International corporate mergers often hinge on the meaning of a single term or the interpretation of a response. Enter Energy Transfer senior counsel Jing Bian, a Chinese-born, Harvard Law-educated M&A lawyer used her knowledge of Chinese culture and fluency in Mandarin to help guide the pipeline giant through a crucial joint venture. Citing Bian’s extraordinary success in less than two years in-house, Jing Bian is the 2020 Houston Corporate Counsel Awards Rookie of the Year.
Lawyer life begins with stress. Nearly half suffer with depression. Six in ten suffer anxiety. Add pandemic. Add quarantine. The stresses can be overwhelming, even to the hardest boiled among us. Chris Ritter, director of the Texas Lawyer’s Assistance Program offers some simple advice on coping with COVID-19.
A federal judge in Delaware last week dismissed a class action investor lawsuit against SunCoke Energy Partners that was brought after a 2019 merger that involved lots of Texas deal lawyers. The lawsuit threw stones at the companies involved as well as individual directors who allegedly did not make a fully-informed, non-conflicted vote when they approved the transaction.
The move is the latest example of the increasing competition among elite law firms for high-level litigation partners in Texas.
This week’s crop of deals are nothing if not diverse: a gold mining company, diapers, dried foods, luxury cars and RTD cocktails. The CDT Roundup breaks them down.
The lawsuit, brought by Michigan-based Continental Automotive Systems, alleged multiple tech companies conspired to inflate the licensing rates of cellular connectivity technology through their participation in a licensing platform.
As a justice on the Texas Supreme Court Deborah Hankinson helped create the Texas Access to Justice Foundation. Although no longer on the court, she is now board chair of the foundation she helped create.