In this edition of Litigation Roundup, we offer details on two high-dollar disputes involving the leasing of railcars, the former chief financial officer of a Dallas nonprofit goes to prison for embezzling $2 million, and the parties that lost a patent case seeking more than $400 million in damages ask for a redo.
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August Business Court Docket Anchored by Mavs Ownership Fight, 70-Page Trust Ruling
The Texas Business Court stayed hot throughout August, issuing six opinions as the Court’s docket continued to mature with procedural and doctrinal opinions. Evident in several opinions is the familiar theme that has characterized the Court’s growing resolution of complex commercial disputes: Documents mean what they say, and parties are held to the bargains they struck.
Four Former McKool Smith Principals Open High-Stakes IP Firm
Intellectual property lawyers Joshua Budwin, Richard Kamprath, Kevin Burgess, and John Campbell are bringing a new boutique powered by Big Law veterans to the market. “I tell my kids if you want to be truly successful you’ve got to work for yourself,” Budwin said.
Connecticut Firm Latest Texas Entrant
Shipman & Goodwin announced on Tuesday it opened a Dallas office with two restructuring attorneys from FBFK.
CDT Roundup: $17B End to the Slog Days of Summer
A summer’s end dearth of deals seems to have ended last week with 12 M&A transactions valued at $17 billion reported — though no CapM deals for the second week in a row.
Flex Acquires EPC Power for $4.4B
Freshfields and Vinson & Elkins advised on the transaction that Flex says will allow its data center development unit to capitalize on the next generation of power architectures required for artificial intelligence. An IPO is likely to follow in Q1 2027, following the deal’s close.
New Courthouse Coming to College Station
Congress passed the Local Access to Courts Act this week, creating a new federal courthouse in College Station as part of the Houston Division in the Southern District of Texas. U.S. District Chief Judge Randy Crane will select temporary quarters and then look at a location likely around Texas A&M to construct a new courthouse, which can take two years.
Jackson Walker Adds Two in Houston
Jackson Walked picked up two new partners to their Houston office with the addition of an immigration lawyer from Foster LLP and debt finance lawyer poached from Kirkland & Ellis.
P.S. — Baker Botts Scores Two Pro Bono Victories in August
Baker Botts closed out August with two notable pro bono victories — a due process claim on behalf of a Florida tenant in the Eleventh Circuit and a closely watched constitutional challenge to Texas’ drag ban. Also in this edition of P.S., we spotlight two Texas recipients among the American Association of Law Libraries’ annual award winners.
Sheppard Adds Longtime Corporate Lawyer in Dallas
Heather Bethancourt has joined the corporate practice group of Sheppard in Dallas after more than 11 years at McDermott Will & Schulte.