In the five years since Hurricane Harvey devastated the Houston region, courts have been wrangling the massive amount of litigation spawned by the storm, brought by property owners seeking damages for the flooding that in many instances took everything they had. Storm cleanup and later the COVID-19 pandemic caused some roadblocks to resolution, but time hasn’t run out for those still waiting to make a claim.
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Jury Says No Damages In Citgo Desalination Plant Suit
A major point of contention in the case was whether Rothwell Energy Services’ president and director, Juan Hurtado, was the actual nephew of the former head of Citgo, Nelson Martinez, who later served as Venezuela’s oil minister and died in prison after being swept up in the PDVSA corruption probe. Rothwell’s attorneys argued Hurtado referred to him as “uncle” but had no blood relation with the close family friend, while Citgo’s attorneys argued that relationship was proof of impropriety in the deal.
Deconstructing Texas’ Covenants Not to Compete Act
There remains a minefield of issues that can drastically impact the enforcement of noncompete covenants. This article highlights several key issues that practitioners should be mindful of under Texas’ Covenants Not to Compete Act.
News Report: Uvalde Victims’ Families to Sue Law Enforcement, Gun Supplier
KSAT TV in San Antonio reports that several of the families of victims and survivors of the Robb Elementary school shooting in May plan to file a lawsuit seeking billions of dollars against the law enforcement agencies involved in the Uvalde tragedy and the maker and seller of the gun used in the mass shooting.
Insurers Don’t Have to Defend Blue Bell in Shareholder Suit
U.S. District Judge Robert Pitman on Monday sided with Discover Property & Casualty Company and The Travelers Indemnity Company of Connecticut and agreed the commercial general liability policies didn’t require it to defend the breach of fiduciary duty claims. Judge Pitman wrote that Texas courts haven’t squarely addressed the issue presented in this lawsuit.
CDT Roundup: 12 Deals, 8 Firms, 152 Lawyers, $2B
If you need some perspective on the wild swings in the oil and gas industry over the past few years, look no further than Plano-based Denbury Resources. Denbury, which sought bankruptcy protection just a few years ago, is suddenly looking prosperous enough to be scouting for a viable suitor, according to Bloomberg. Claire Poole reports on the Denbury rebound, as well as a slate of a dozen deals reported to the Roundup last week.
Elite Law Firms Dominate Corp. Deal Tracker Law Firm M&A Rankings
Forty-four corporate law firms with offices in Texas reported that their lawyers in Texas played a substantive role in representing buyers, sellers, targets, conflicts committees, financial institutions and other third parties in various kinds of transactions in which assets were bought, sold or merged. A handful of elite law firms – Sidley, Kirkland, V&E, Latham, Gibson Dunn, to name a few – topped The Texas Lawbook’s exclusive Corporate Deal Tracker law firm rankings for the first half of 2022.
Several Texas-headquartered corporate firms also experienced a strong six months, including Haynes and Boone, Baker Botts, Akin Gump and Locke Lord. Four law firms had Texas lawyers who worked on nearly three-quarters of all the transactions that had deal values of $500 million or more.
Litigation Roundup: Law Firm Draws Suit Over Charity Golf Tournament Injury, Distiller Moves To End Texas Lotto’s TM Claim, CenterPoint Hit With $15.4M Injury Verdict
This week’s edition of Litigation Roundup features another chapter in a legal malpractice lawsuit against Haynes and Boone that’s already made it to the Texas Supreme Court, a Fifth Circuit panel striking down a “vague” nationwide injunction that would have allowed oil and gas lease sales to resume and a retired dentist suing a Houston restaurant after being allegedly assaulted by its bouncer.
Cynthia Mabry Leaves Akin for Gibson Dunn
Mabry was the co-lead of the climate change group at Akin Gump, where she made partner in 2020. She is the fourth corporate lateral partner hire Gibson Dunn has made in Texas this year.
‘Can I Come Over and Hang Out?’: Behind the Scenes of Akin Gump’s Houston Office Refresh with Gensler
Individual workout and meditation rooms and Pelotons, plus an Icee machine and Houston Rockets Pop-A-Shot. Akin Gump’s revamped Houston office has them all. The Texas Lawbook sat down with Houston leaders at Akin Gump and Gensler to discuss what it takes to shepherd the “office of the next generation” and glean early reviews from attorneys and clients.
Publisher’s Note: This article is a sponsored partnership with Gensler.