A publicly traded company, some of the most in-demand assets in the Permian Basin, and a little more than a week to move from an indication of interest to a purchase agreement: Those are just some of the variables in Pioneer’s $6.4 billion plans to purchase DoublePoint Energy. Gibson Dunn’s Mike Darden, who advised Pioneer, detailed the timeline and more in an interview with The Texas Lawbook.
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$3M Judgment Awarded in Hotly-Disputed Trade Secrets Case
A Houston federal judge last week awarded $3 million to oil industry employment website Rigzone.com and its parent company, DHI, several days after a jury found co-founder David Kent misappropriated trade secrets to help grow a competing website that he left to start. But the defense says it’s not that simple and considers the judgment a “complete victory.” Natalie Posgate explains.
Forest Park Fraud Prosecutor: ‘It Comes Down to Greed and Arrogance’
Assistant U.S. Attorney Andrew Wirmani has never spoken publicly about the unprecedented federal criminal charges he brought against 21 Forest Park Medical Center officials, including nine surgeons and doctors.
Until now.
In an exclusive in-depth interview with Texas Lawbook reporter Bruce Tomaso, Wirmani discusses the tips that launched the investigation, the innovative legal strategy he and his team employed, and how the Forest Park prosecution success is being replicated in other jurisdictions.
Ex-Texas Solicitor General Kyle Hawkins Heads to Gibson Dunn
Kyle Hawkins, who argued four cases to the U.S. Supreme Court as Texas solicitor general, started a new job today as a partner in Texas for Gibson Dunn. A former clerk to Justice Samuel Alito Jr., Hawkins plans to boost the firm’s litigation and appellate presence in Houston.
Pioneer to Purchase DoublePoint Energy in Bolt-on Play
Pioneer Natural Resources is once again strengthening its hold in the Permian Basin with the $6.4 billion acquisition of a Fort Worth-based company.
Overhaul of Appeals Courts Moves to Texas Senate
The Senate Committee on Jurisprudence pushed forward a closely-held plan by Republicans to remodel the state’s appellate courts. The party-line vote on Thursday came with an abundance of criticism for the plan’s perceived lack of transparency and its potential for obliterating minority gains in the state’s highest courts.
Munck Wilson Scores Unusual Early Dismissal in EDTX Patent Case
Ten months in, the case was still in its infancy when U.S. District Judge Sean Jordan of the Eastern District of Texas dismissed it and invalidated the patent at issue under Section 101 grounds, which lawyers involved say is a rare occurrence for patent cases filed in the Eastern District of Texas.
Snowstorm Lawsuit Between Energy Transfer and SA Utility Company Heats Up
A legal battle between two Energy Transfer subsidiaries and the City of San Antonio’s utility company is just one example of the many lawsuits that are surfacing after winter storm Uri — and just one of more than a dozen lawsuits that the nation’s largest municipally-owned utility company is bringing against natural gas providers.
Former Partner Sues Polsinelli for Sexual Orientation Discrimination
A Houston bankruptcy lawyer has sued his former employer, Polsinelli, alleging that he was fired because he’s gay. The plaintiff is being represented by Bill Brewer III and Bill Brewer IV.
V&E Matches Big ‘Special Bonuses’ for Associates, Counsel
Vinson & Elkins announced Wednesday that it is giving its associates and counsel “special bonuses” ranging from $12,000 for the firm’s newest associates to $64,000 for its most senior associates and counsel. Akin Gump announced similar bonuses Tuesday.