A longtime California technology software innovator filed nine lawsuits this week – six of them in the Western District of Texas – against some of the largest and most profitable corporations in e-commerce claiming that they illegally used his patented technology without a license.
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Federal Prosecutors Charge Creditors Co-Chair in Neiman Bankruptcy with Fraud
The U.S. Securities and Exchange Commission and the U.S. Justice Department have charged Marble Ridge Capital founder Daniel Kamensky with violating federal securities laws for allegedly perpetrating a fraud in his role as co-chair of the unsecured creditors committee in the Neiman Marcus bankruptcy proceedings taking place in Houston.
CDT Roundup: 11 Deals, 9 Firms, 94 Lawyers, $2.53B
Whether they are preparing to file or scrambling so they don’t have to, there are two traits that characterize most recent transactions in Texas: bankruptcy or the fear of bankruptcy. This is not hard to imagine in a state where bankruptcies have tripled over this time last year.
DBJ: Case Over $2B Frisco Development Could Drag for Years, Lawyer Says
The future of Frisco’s $2 billion Wade Park project could be more uncertain after a bankruptcy case containing fraud allegations was filed last week – and it could take years in court to untangle.
State Bar of Texas Disciplinary Actions
Summer disciplinary actions at the State Bar of Texas were scant. Activity reported include four suspensions and one request for reinstatement.
John Browning Sworn in to Court of Appeals in Dallas
Civil litigator John G. Browning was sworn in to the Dallas Fifth Court of Appeals Monday. Gov. Greg Abbott announced his appointment of Browning last week as a result of the unexpected death last month of Browning’s predecessor, Justice David Bridges.
Veteran Houston Deal Partner Jumps to Gray Reed
David Peterman, who is a past leader of Norton Rose Fulbright’s M&A and securities practice group, was most recently at Paul Hastings.
Former USPTO Acting Director Joins Haynes and Boone
Bringing on Joseph Matal adds substantial government experience to the Haynes and Boone IP team.
Barnes & Thornburg Adds Dallas IP Partner
Jerry Harris is a former contract advisor to the NFL Players Association.
Balch & Bingham Grows Bankruptcy Team with Houston Hires
The move is the latest example of firms targeting restructuring experts as the bankruptcy bonanza in Texas continues.