Seven years ago this month, Kirkland & Ellis opened its first Texas office in Houston with a handful of lawyers. Today, the world’s largest law firm by revenues now has 290 lawyers operating in Texas and that number is about to grow. In fact, Kirkland has more offices in Texas than any other state.
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Texas Tech Sector Hot in M&A for Q1
The latest Mergermarket data provided exclusively to The Texas Lawbook reveals dealmaking in the Lone Star State is in-sync with broader global and U.S. M&A trends.
SCOTX Rules Against River Authority in Hurricane Harvey Flooding Case
Property owners near Houston, whose homes were flood by waters released from a reservoir during Hurricane Harvey, won a major victory at the Texas Supreme Court on Friday when the court ruled that the agency that controls the dam has no governmental immunity from lawsuits. The Lawbook explains.
Munck Wilson Establishes Policy to Encourage Vaccinations
The new measure has been enthusiastically received, according to the firm’s human resources manager.
Ramsey Clark (1927-2021) —A U.S. Attorney General, a Dallas lawyer, and “a pure human being”
Before he became U.S. Attorney General and long before he became a controversial champion of the rule of law, Ramsey Clark was a lawyer for his family’s Texas-based firm. Clark died last week at age 93, and The Lawbook’s Tony Mauro looks at those Texas roots.
Energy Bankruptcy Tracker: A Look at Q1 Filings From Haynes & Boone
Haynes & Boone has been tracking Chapter 11 bankruptcies for energy companies since 2015. Here’s the data on the latest quarter for midstream, oilfield services and oil and gas producer companies.
Q1 Mergermarket Breakdown: No Surprises as Texas M&A Continues to Rage
Deal count is down and values are up as the M&A rally continues in the Lone Star State. Here are some of the key takeaways from Mergermarket’s latest report on Texas provided exclusively to The Texas Lawbook.
Seven Charged by SEC and Justice Department in Energy Company Fraud
A convicted stock swindler from Texas, a defrocked stockbroker from Miami, a Dallas real estate lawyer and a former burglar were among those cited in a criminal complaint filed Wednesday in the Eastern District of New York. The fraud and stock manipulation charges involved a “pump and dump” scheme that revolved around Dallas-based Zona Energy and leaseholds on a West Texas ranch. Texas Lawbook has the details.
Cadence and BancorpSouth to Merge with Aid from Counsel in Dallas, Houston
Texas lawyers are playing a role in the all-stock merger of Houston’s Cadence Bancorp. and Tupelo, Mississippi’s BancorpSouth Bank valued at more than $6 billion.
Stanford Fraud Receiver Recovery Approaches $1 Billion
A dozen years of work for Baker Botts partner Kevin Sadler, a lawyer for the receiver in the Stanford financial fraud case is paying off. This month, the 18,000 victims of the Ponzi scheme are splitting $216 million, bringing the total paid so far to $935 million. Two more cases are nearly close, which will add another $190 million. And then there’s the biggie against the banks.