In his third SPAC transactions in a matter of weeks, Houston entertainment entrepreneur Tilman Fertitta is taking his restaurant and gaming assets public. Caroline Evans has the names of those involved in the merger of his $6.6B company with a $200 million special acquisition entity known as FAST.
More Stories
Sheppard Mullin, Kirkland Advise on $1.6 Billion Blackstone Deal to Acquire Interior Logic Group
The Carrollton-based company offers broader visualization of construction projects. Caroline Evans has details of the deal.
Legal Departments: Doing More with Less
For any industry, what goes up must come down. We see this in the airline industry on a minute-by-minute basis as planes take off and land as scheduled. In 2020, COVID-19 brought radical and immediate changes to businesses and their legal departments. Like airlines, the key is to agree on a flight plan and bring everyone in for a soft landing.
Fifth Circuit Blasts Federal Judge Lynn Hughes for Bias — Again
Federal appellate courts almost never remove an Article III judge from a case, but the U.S. Court of Appeals for the Fifth Circuit did so Friday for the third time in three years to U.S. District Judge Lynn Hughes of Houston. As a result, a professor’s employment discriminatiuon case against Sam Houston State University gets new life.
UT Law’s Steve Vladeck: Blocked by Ken Paxton’s Twitter feed, but Broadcast Nationwide
He’s been blocked from Ken Paxton’s Twitter feed and gained a “9” from Roomrater for the memorabilia-laden background he displays for his Zoom interviews on CNN. But UT Professor Stephen Vladeck is gaining notice, both as a scholar and as a high-profile commentator on the rule and the role of law. The Lawbook’s Tony Mauro has a profile.
Pandemic Finances — From Fear to Confidence (Part 1) In 2020, Texas Firms Dodge Worst Fears
Eleven months ago, law firm leaders looked into the abyss. Covid-19 had shuttered offices. Oil prices had plunged. Unprecedented disruptions loomed for corporate clients. The law firms feared drastic declines in revenues, wiped-out profits and painful layoffs.
The Texas Lawbook surveyed 26 law firms on what really happened during the pandemic. In the first of a three-part series, The Lawbook provides an advanced look at 2020 Texas law firm finances and operations. “All of us should be on bended knee, giving thanks,” said Jackson Walker’s Wade Cooper.
DBJ: Pizza Buffet CiCi’s Files for Bankruptcy
The Irving-based pizza chain filed for bankruptcy after more than a decade of gradual decline and the effects of the Covid-19 pandemic, it said in court records.
Wind Tower Maker Wins $12.6M Judgment, Opponent Requests New Trial
A Trinity Industries spinoff company won a $12.6 million bench trial judgment for damages incurred from a flopped wind tower deal with a customer. But the customer is resisting the result with a new motion that alleges the eight-figure judgment is not supported by the evidence.
CDT Roundup: 14 Deals, 8 Firms, 118 Lawyers, $8.15B
The discussion surrounding carbon capture has, to this point, been pretty much just that. But a $100 million offer by Elon Musk for new technology that can make it happen adds new credibility to the idea. In the CDT Roundup Caroline Evans reviews the reaction to Musk’s offer as well as last week’s transactions.
Mergermarket: Top 100 Texas M&A Deals for 2020
Here are the 100 largest M&A deals by value involving one or more Texas-based companies during 2020.