An amended petition in a dispute between San Marcos-based Quantum Materials and K&L Gates is now armed with more ammo and the possibility of a steeper price tag should K&L lose the malpractice battle. But the Philadelepha-based global firm has responded publicly for the first time.
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Implicit Bias in the Courts and at the Bar
Everyone has biases. Not everyone tries to identify theirs. Some don’t realize they are discriminatory. And lawyers who see prejudice with judges or other lawyers “need to pushback against it,” U.S. District Judge Vanessa Gilmore told the Association of Corporate Counsel’s Houston Chapter in a CLE webcast last week called “Implicit Bias in the Courts.”
Mergers & Acquisitions in a Pandemic
While conference calls, electronic data rooms and the electronic exchange of documents have been the ordinary course of business for some time, Bell Nunnally partner J. Jeffrey Cash says the coronavirus pandemic has had one big change on mergers and acquisitions: everything is taking longer. He explains the impact that is having on the M&A practice in this article.
Violate My Patents? See You in Texas
Covid-19 be damned, Texas is the place to legally protect your intellectual property. Waco, the birthplace of Dr Pepper, the death place of two-dozen ancient Mammuthuss, the scene of the Branch Davidian and Twin Peaks biker gang tragedies is now the undisputed patent litigation capital of the world. Some Dallas law firms expect to open branch offices in Waco in 2021. Plus, Judge Alan Albright discusses the Waco jury pool and Zoom trials.
Latham, Hunton AK, Porter Hedges, Simpson Take Roles in Superior Energy Bankruptcy
Within a few hours of Superior Energy Services filing for bankruptcy Monday in the Southern District of Texas, the court docket was filled with notices of appearance by at least five law firms and five financial advisors. The Texas Lawbook has the names.
Bankruptcy Experts: More Pain and Uncertainty Coming
As Texas ends 2020 with a record number of business bankruptcies, four legal experts, including SDTX Chief Bankruptcy Judge David Jones, say there is much more carnage to come, especially in the world of real estate, retail and midstream energy, according to a panel of leading corporate bankruptcy and restructuring experts. At an exclusive CLE Friday, the panelists predicted that business restructuring cases are going to get increasingly difficult to resolve in a positive manner and that many companies seeking to reorganize will be forced to liquidate instead. The Texas Lawbook has exclusive details.
Kirkland, Jackson Walker Lead Seadrill Partners in Ch. 11, Houston Retailer Francesca’s Files in Delaware
A Houston boutique retailer and a London oil rig operator filed for Chapter 11 last week. Francesca’s hired no Texas lawyers, while Seadrill filed for bankruptcy protection in SDTX and multiple law firms in Texas are involved.
Red Oak Husband and Wife Go to Prison for Embezzlement Scam
White-collar federal prosecutors Nick Bunch and Christopher Stokes of Dallas notched another victory for the government last week when Vantage Benefits Administrators co-owners Wendy Richie and Jeffrey Richie were sentenced to several years in prison for their roles in a $15.2 million fraud scheme.
Video: Q&A with SDTX Chief Bankruptcy Judge David Jones
Four bankruptcy experts including SDTX Chief Bankruptcy Judge David Jones, at a Texas Lawbook CLE webcast predict that the business restructuring cases are going to get increasingly difficult to resolve in a positive manner and that many companies seeking to reorganize will be forced to liquidate instead. Premium subscribers can view the full 90-minute program here.
First COA Reverses $1.5M Verdict Against Baylor Medical J/V
The ruling in favor of Baylor Miraca Genetics Laboratories pours out a 2018 verdict for former company executive Brandon Perthius who had claimed commissions on sales made after he left for a competitor. The Lawbook’s Bruce Tomaso has the details.