Our ethical rules do not seem to address this issue directly, but there are at least three, maybe four, ethical obligations (we’ll call them touchstones) that dance around an answer to the question.
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Shearman Advises SAP SE in $12.5B Qualtrics Take-Private Deal
Several Texas-based lawyers were involved in the take-private deal, which comes barely two years after the business software company went public in a January 2021 IPO. An earlier headline has been changed to reflect the overall deal value.
Former Justice Michael Massengale’s Mission: ‘Set the Record Straight’ About Uvalde
As a Houston arbitrator and former appellate justice, Michael Massengale was the perfect lawyer for the Texas House investigatory committee to choose to help investigate and write the official report about that tragic day last May when so much went wrong and 19 children and two teachers were murdered. For the first time since the report was released, Massengale has given an in-depth interview to Texas Lawbook reporter Janet Elliott about his role in the investigation, the challenges he and the committee faced and his hopes for legislative improvements to police training and school safety.
‘Such a Privilege’: New HK Partner Reflects on Career as a Nonprofit Lawyer
Jonathan Blum has a multitude of skills as a corporate lawyer, but he’s one of the few who represents nonprofits instead of for-profits. The Lawbook recently spoke with Blum about his career path to practicing nonprofit law, trends in the charity and nonprofit world and why he recently moved his practice to Holland & Knight.
Houston Chronicle: Lawsuit Accuses Gas Companies of Manipulating the Market During Winter Storm Uri
A former Enron trader is suing some of the nation’s largest energy and financial firms, claiming they diverted natural gas supplies and cut off production in a scheme to artificially drive up prices ahead of Winter Storm Uri in 2021. CirclesX Recovery claims firms including Energy Transfer, Kinder Morgan, BP, Conoco Phillips and CenterPoint Energy engaged in an Enron-style scheme to cut off gas production or divert supplies into storage days ahead of freezing temperatures that would eventually cripple the Texas power grid.
Prosecutors Secure Plea Deal, Won’t Retry Ex-Blue Bell CEO
Paul Kruse agreed Wednesday to plead guilty to a misdemeanor and pay a $100,000 fine rather than face another felony fraud trial. Kruse’s attorney, Chris Flood, said the settlement confirms what he’s been saying all along: No one at Blue Bell ever intended to defraud its customers.
Texas Startups Hope to Continue Raising Capital Despite Tech Downturn
While last year was challenging for the tech industry, Texas startups still raised billions of dollars, though often with lower valuations and more stringent deal terms. Now venture capital funds are flush with dry powder from record-high fundraising in 2022. So what does it take for startups to increase their chances of raising capital in a turbulent market?
Houston Chronicle: Whistleblowers Threaten to Withdraw from $3.3M Settlement with TX AG Ken Paxton
The whistleblowers who sued Texas Attorney General Ken Paxton say they’re headed back to court unless he agrees to include in a formal agreement that the Legislature must approve their proposed $3.3 million settlement before the current legislative session ends in May.
Q&A on the Importance of Women Mentoring Women
As we commemorate International Women’s Day and Women’s History Month, two women lawyers in the Austin office of Vinson & Elkins — Marisa Secco Giles and Michelle Arishita — agreed to discuss the importance of women mentoring women from the perspective of both the mentor and the mentee. They share what qualities they think are most important in a mentor, the best advice they have received and how strong mentoring relationships help with the retention of female lawyers.
Houston Jury Doesn’t Buy Episcopalian-based Prejudice Claim
The discrimination and retaliation case lodged against one of the most prestigious funeral homes in the country, Houston’s Geo. H. Lewis & Sons Funeral Directors, didn’t gain traction with a jury that rejected William Coleman’s claims and awarded him no damages. Carter Crow of Norton Rose Fulbright, who represented the defendant, said he believes these types of religious discrimination lawsuits have become more common post-covid.