Tasha Grinnell started at Neiman Marcus exactly one year ago. Days after she started, the Covid-19 pandemic hit. Stores needed to be closed and some employees furloughed. Two months later, the luxury department store filed for bankruptcy – a brutal and costly process that Grinnell and her predecessor Tracy Preston conquered. “We had a lot of balls in the air, and we still do,” Grinnell, who became Neiman Marcus’ interim GC on Friday, told The Texas Lawbook in an exclusive interview.
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Baker Botts Leads Griddy Energy Into Bankruptcy
Griddy Energy, a retail power supplier facing a slew of civil lawsuits as a result of charges from the February winter storm, says it has less than $10 million in assets but owes ERCOT, CenterPoint Energy and Oncor three times that amount.
A Modern Power Grid Can Deliver More Than Just Resiliency
In the wake of last month’s winter storm disaster, Texas has an opportunity to reinforce its position as a global energy leader by acting thoughtfully to guide the evolution of our electric grid. Parts of Texas’ grid were simply not built to withstand sustained freezing temperatures and significant frozen precipitation. Generation assets went offline at an alarming rate, leading to a shortfall in electric supply that forced tens of thousands of megawatts of customer load to be shed, leaving millions in the dark. This did not need to happen.
Returning to the Office in 2021: Key Safety Factors for Employers to Consider
New Polsinelli shareholder Jason Weber and Haven Diagnostics medical director Dr. Michael Gao look at the most recent scientific news and the impact of the approved vaccines and share their thinking about various practical and legal considerations that employers need to weigh when devising and implementing their office reopening plans.
Mark Werbner Goes It Alone
Dallas trial lawyer Mark Werbner, who was a pupil of the great Jim Coleman, partnered for two decades with Dick Sayles and then practiced the past two years at Winston & Strawn, has started his own law firm. Werbner, who made global headlines in 2014 when he led an historic billion-dollar jury victory against a Middle Eastern bank accused of aiding terrorists, plans to do more plaintiff’s litigation and white-collar criminal defense work.
Plaintiff’s Lawyer on $63M Samsung Verdict: ‘The Courtroom is a Great Equalizer’
After three hours of deliberation, a Marshall, Texas federal jury of three men and four women found Samsung Display Company infringed on two smartphone screen display patents owned by an Irish company. The prevailing side spoke with Natalie Posgate about how they won the case.
Securities Fraud Case Concerning Six Flags China Parks Dismissed
A Fort Worth federal judge has dismissed a securities fraud class action against Arlington-based Six Flags Entertainment Corp. after finding the allegations of two anonymous employees unreliable — allegations that essentially anchored the plaintiffs’ entire case.
CDT Roundup: 24 Deals; 10 Firms, 196 Lawyers, $13.6B
Last December we reported on a $2 billion-plus merger agreement between Diamondback Energy and QEP Resources. The all-stock deal seemed like a good deal for both sides, since it included Diamondback’s assumption of $1.6 billion. But a major stockholder at QEP is having second thoughts, and their thinking is yet another sign that things are getting better. The CDT Roundup has the details of their concerns, as well as details of all 24 transactions.
Weil Dallas Nabs New Partner from Litigation Boutique
Weil’s Dallas office is starting its Monday having gained another lawyer in the firm’s complex commercial litigation practice. The lateral hire reflects on a current trend of litigation boutiques losing their partners to elite national firms.
IP Experts Examine VLSI v. Intel Trial: ‘Waco Jurors are not Afraid to Award Large Damages’
If you’re an intellectual property lawyer, you might still be thinking of the VLSI v. Intel trial and the whopping $2.175 billion judgment that the jury rendered for VLSI. Beyond the fact that Waco jurors can get down with giving plaintiffs big bucks, what else did we learn? A handful of IP experts weighed in on their biggest takeaways.