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.
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Kirkland, Jackson Walker Lead Seadrill Partners in Ch. 11, Houston Retailer Francesca’s Files in Delaware
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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
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Federal Jury Trial Scheduled Amid COVID Concerns
A Fort Worth federal judge denied an unopposed motion to continue an in-person jury trial that involves lots of out-of-state travel and one of the lawyers currently testing positive for COVID-19. The Lawbook has the details.
Three Key Things to Know about WDTX Patent Litigation
In the two years since Judge Alan Albright took the bench, the Western District of Texas has risen to one of the busiest courts in the country for patent litigation. With approximately 20% of all new patent cases now being filed in Waco, it is important to understand key procedures and trends that will impact your case in this latest patent litigation hot bed, whether as a plaintiff or a defendant.
CDT Roundup: 19 Deals, 10 Firms, 110 Lawyers, $7.8B
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NRF Lands Houston Corporate Partner Debra Gatison Hatter
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The Texas Lawbook Lawyer of the Year: SDTX Chief Bankruptcy Judge David Jones
Most lawyers in Texas simply tried to survive 2020. A small handful thrived. One lawyer – a judge – has had a year for the ages. David Jones, Chief Bankruptcy Judge of the Southern District of Texas, is a disruptor of law and business. No judge in the U.S. in 2020 has had more impact on corporate boardrooms, C-suites and tens of thousands of day laborers as Judge Jones. Citing the extraordinary, commonsense reforms for complex corporate bankruptcies implemented by Judge Jones and the impact they have had on the practice of law in Texas, The Texas Lawbook is naming David R. Jones as the 2020 Lawyer of the Year.
(Photo: Houston Chronicle)