According to court filings, the case against the Dallas-Fort Worth-area firm involves “hundreds of residential developments across North Texas and Austin,” millions of pages of documents and real estate investment funds involving billions of dollars.
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CDT Roundup: 21 Deals, 12 Firms, 178 Lawyers, $26.7B
Big and bad is not always good, as evidenced by some of the recent down-sizing, realigning and unloading taking place among the elite corporations: think GE, AT&T, etc. So, who’s next in Texas? Meanwhile, a new Haynes and Boone survey suggests that increased oil patch optimism has bankers likely to increase borrowing bases. All that and $26.7 billion in deals are part of this week’s Roundup.
Defamation Feud Begins Between Home Sales-Leaseback Firm and Houston Law Firm
A residential sales leaseback firm with a significant presence in Texas is seeking a temporary injunction against Feldman & Feldman that would force the Houston plaintiff’s law firm to remove allegedly defamatory statements from its website. The litigation also includes allegations of barratry, is connected to nine federal lawsuits across Texas and pits Dallas lawyers against Houston lawyers.
2021 Corporate Deal Tracker: Ranking for All The Deals
Last week the Corporate Deal Tracker posted 2021 M&A law firm rankings for Texas-led deals through Sept. 30. This week CDT ranks firms for their participation in deals whether or not their deals were Texas-led.
Kirkland Advises Consortium in $15B Acquisition of CyrusOne
A Dallas REIT specializing in data centers announced that it is being acquired by a consortium led by KKR and Global Infrastructure Partners. Kirkland’s Texas offices were in the thick of the deal.
Legal, Financial Advisor Fees in Brazos Electric Ch. 11 Hit $33.6M
As the first Chapter 11 filing by a utility co-op in the wake of Winter Storm Uri rolls on, the billable hours by lawyers for both sides are piling up – with no end in immediate sight. More than 30 lawyers in the bankruptcy case are billing at more than $1,000 an hour.
What Do a Bank and Four Energy Companies Have in Common? Their Top Lawyers are Finalists for Houston GC of the Year
The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook are pleased to announce finalists for the 2021 Houston Corporate Counsel Awards who have done some amazing legal work and demonstrated extraordinary leadership during some definitely unordinary times. Today, we reveal General Counsel of the Year finalists.
Kirkland, V&E, Shearman, Sidley, Latham Lead CDT Q1-Q3 M&A Dealmaking
In the first three quarters of 2021, there were well more than 600 M&A transactions involving Texas corporate lawyers — most of them led by Texas corporate lawyers. In the latest rankings from the Lawbook’s Corporate Deal Tracker database, the top 10 Texas-based offices and Texas-based firms gobbled up more than two-thirds of the transactions reported to The Lawbook. At the top, as they have been for nearly a decade, are Kirkland & Ellis and Vinson & Elkins. But there are also a few surprising new names on the list. The Lawbook has them all.
Sidley: ‘The Heat is On’
Angela Zambrano and Scott Parel took over as co-managing partners of Sidley’s Dallas office only a month ago, but they and Texas will be front-and-center this week when they host the management committee for the 150-year-old, 2,000-attorney global law firm. Sidley has made Texas key to its strategic growth. The firm’s headcount and revenue increased tenfold over nine years. And Sidley’s next global chair is their predecessor. As rocker Glenn Frey would say, “The Heat is On.”
Baker Botts Wins Summary Judgment in $5.6M Dispute with Venezuela’s State-Owned Oil Company
U.S. District Judge Andrew Hanen in Houston rejects claim by defendants that “through no fault of their own” they can’t access needed records and witnesses because of political upheaval in the South American nation.