V&E advised the buyer, who plans to fund the purchase using available cash and debt within its targeted leverage ratio.
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Louisiana Federal Magistrate Nominated to Be First African American Woman in Fifth Circuit
President Joseph Biden has nominated U.S. Magistrate Dana Douglas of New Orleans to one of two open seats on the U.S. Court of Appeals for the Fifth Circuit. An African American jurist who practiced energy litigation, products liability and intellectual property law during her 17 years in corporate law, Judge Douglas would be the first woman of color to serve on the Fifth Circuit.
Remembering Jim Cowles – A Lion of the Texas Bar
Jim Cowles, who tried nearly 600 cases to a jury verdict, including a dozen trials while he was still in law school, died this past weekend, according to an announcement released Wednesday by Cowles Thompson, the firm he co-founded in 1978.
Judge: Jury to Decide Law Prof. Linda Mullenix Equal Pay Case Against UT
A federal judge in Austin has ruled that University of Texas School of Law professor Linda Mullenix and the university will go to trial over the educator’s claim that she has been discriminated against under the federal Equal Pay Act. An expert on class action litigation, Mullenix claims she was paid less than male professors who have less experience, fewer articles published and fewer professional honors.
Litigation Roundup: Stanford Trial Date, Social Media Addiction, Jerry Jones’ Daddy Issues
A challenge to a high-profile patent that endangers a multibillion-dollar verdict. An SEC settlement worth hundreds-of-millions involving a Texas-based financial services giant. An Texas-based airline sued for a passenger’s wrongful arrest. All this and more in this week’s litigation roundup.
V&E Counsels Hamm on $25B Bid to Take Continental Resources Private
The firm has long advised the company. Harold Hamm’s offer represents a nearly 10 percent premium over Continental’s closing price yesterday.
Updated: Ryan GC ‘Seeks to Set the Record Straight’ With Lawsuit Against USA Today
Ryan General Counsel John Smith said the Dallas-based tax services provider sued USA Today and parent company Gannett Co. because the media company published allegedly defamatory articles about Ryan’s business practices but never disclosed in its articles that Gannett employed Ryan to identify potential tax savings and then failed to pay for its services. Ryan, in the lawsuit filed Monday in Montgomery County, accuses the national newspaper chain of defamation, breach of contract, unjust enrichment, quantum meruit, suit on a sworn account and fraud.
CDT Roundup: 17 Deals, 12 Firms, 123 Lawyers, $7.6B
With oil and gas prices high, older established fields are seeing a renaissance. That may explain recent deals involving North Dakota’s Williston Basin. This week’s CDT Roundup looks at what makes the Williston attractive, along with the firms and lawyers involved in deals there and elsewhere.
Siltstone Capital’s Mani Walia Wins Houston Legal Innovation Award
When the Houston private equity firm Siltstone Capital decided to expand its investment portfolio beyond energy, minerals and real estate into the arena of litigation finance, it had the perfect advisor already in the house. Siltstone General Counsel Mani Walia has leveraged his background in Big Law, plaintiffs’ IP litigation and private equity to create a new model for litigation finance investments. Citing Walia’s creativity and achievements, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook awarded the 2022 Houston Corporate Counsel Award for Legal Innovation to the Siltstone Capital general counsel.
Corban Addison’s Wastelands Gives Scoop Behind Pork Producer Nuisance Trials
A new legal thriller out this month details the story of some Texas plaintiff’s lawyers who took on the pork industry’s most powerful player, a formidable opponent that provoked death threats, had the legal team followed and even changed some laws in the middle of the five-year nuisance litigation that resulted in five jury verdicts totaling hundreds-of-millions. The Lawbook sat down with Wastelands author Corban Addison Thursday when his book tour brought him to Dallas.