The explosive growth in the short-term, by-the-job labor market has forced courts and regulators to wrestle with the status of participating workers: Are they employees or independent contractors? Mark Shoffner and Thomas Case of Bell Nunnally argue that recent rulings by state and federal agencies make Texas a welcoming place for the gig economy.
Maynard Cooper & Gale, the second largest firm in Birmingham, is opening an office in Dallas. The move is part of an aggressive expansion by the firm which recently opened in Los Angeles. From the Birmingham Business Journal.
It’s not every trial that features a lawyer involved in a multi-million dollar tax fraud, a mysterious Brazilian who claims NOT to have owned a company whose millions were available to him and a juror who shoots the bird in the courtroom just before deliberations begin. Such was the tax fraud trial of Jack Stephen Pursley, however, and Natalie Posgate was there for all of it. We asked her to empty her notebook, and here’s what she gave us.
AUSTIN – State securities regulation has always been something of a whack-a-mole endeavor, but today’s moles have gotten quite clever. As older Texans become more comfortable with smartphones and online interactions, scammers use websites like Craigslist and Facebook to troll for victims, Joseph Rotunda, director of enforcement for the Texas State Securities Board, told The Texas Lawbook in an exclusive interview.
Tony Aquila said in a statement that Solera has breached a separation deal and refuses to honor its obligations to pay the company’s founder for his vested stock options worth in excess of $100 million.
The investigation will look into whether the company, which “dominates all aspects of advertising on the internet and searching on the internet,” has acted in ways that restricted competition or consumer access, Texas AG Ken Paxton said at a press conference outside the U.S. Supreme Court on Monday.
The public markets are shrinking while private equity is expanding, with investors putting 14% of their assets in private markets, a number that’s expected to balloon to 20% over the next 10 years. Private equity deals are increasingly showing up on the Corporate Deal Tracker, making up half of last week’s activity after the Labor Day holiday. Claire Poole reports on the trend.
A Texas judge has initiated a “court of inquiry” to handle allegations of criminal misconduct made by the children of deceased Dallas banker Arthur Ruff against Texas lawyers and bankers involved in their family’s multimillion-dollar trust. The judicial led probe comes as Ruff’s widow seeks to enforce a $66 million judgment against her own son. The web of lawsuits shows just how nasty family disputes over cash and control can get.
John Chrisman, who received degrees from UT and SMU, was most recently practicing in Dubai.
Michaela C. Crocker has joined Jones Day’s Dallas office. Crocker was a career clerk for Chief Judge Barbara Houser of the U.S. Bankruptcy Court for the NDTX.