Randy Sorrels, the lawyer for Ulysses Cruz, his wife, and their 2 children, said they’ll consent to the $117.5 million remittitur – but will seek the full jury verdict if the other side appeals.
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$15M Investment Fraud Lands Dallas Con Man 17½ Years in Prison
In sentencing 69-year-old Rudy Avila, Chief U.S. District Judge Barbara M.G. Lynn read the names of his 417 victims and the amount each lost to him.
M&A 2021: A Year Beyond ‘Even the Wildest Expectations’
Texas M&A boomed in Texas in 2021 — in value, in deal count and in ways that bode well for 2022. According to exclusive data from The Texas Lawbook’s Corporate Deal Tracker, each month of 2021 outperformed 2020 year-over-year. There were more deals at basically every level — for $1 million or $1 billion or beyond. Whether in energy or healthcare, construction or infrastructure, technology or transportation, it was a year that rebounded from the pandemic beyond the most optimistic expectations. The Lawbook has the numbers, the tables and the views of deal lawyers across the state of what was, from virtually any perspective, a very remarkable year.
CDT Roundup: 11 Deals, 12 Firms, 101 Lawyers, $3.9B
M&A in North America reached a record $2.7 trillion in 2021, according to PitchBook last week. Meanwhile deals in Texas kept apace with nearly a dozen. The CDT Roundup has all of them, and the lawyers involved.
Former Federal Prosecutor Jumps to O’Melveny
The addition of Danny Ashby, who was previously at Morgan Lewis, comes nearly two weeks after O’Melveny recruited a five-partner corporate team from Locke Lord.
Tellurian’s Charif Souki Responds to Investor Lawsuit
Tellurian co-founder Charif Souki went on the record with The Texas Lawbook in response to a lawsuit filed against him a couple weeks ago by a Tellurian investor that claims he lost tens-of-millions after Souki reneged on a promise to pay back the shareholder’s losses. Souki has retained Yetter Coleman in Houston to defend him in the litigation.
Brian Robison Expands Practice to Mediation,
Moves to Brown Fox
For 25 years, Brian Robison has practiced commercial and antitrust litigation at V&E and Gibson Dunn – two large corporate firms. He’s wanted to be a mediator for several years and the law firm structure was not a good fit. On Tuesday, he started as a partner at business boutique Brown Fox. But there’s more to this story than just another lateral lawyer move.
Assistant U.S. Attorney in Missouri Moves to Gray Reed in Dallas
The 150-lawyer Texas firm, which has offices in Houston, Dallas and Waco, looked outside of the state for its latest hire.
Alexander Dubose & Jefferson Adds Former 14th COA Staff Attorney
ADJ Managing Partner Marcy Hogan Greer said in a statement that Hurd’s “unique understanding of the workings of the appeals process” will “undoubtedly be of great benefit to our clients.”
McGinnis Lochridge Lands Three Partners from Cantey Hanger
The additions double McGinnis Lochridge’s Dallas roster.