After two years of fewer bankruptcies, the oil and gas exploration and production sector is seeing an uptick in filings at a time when the industry expects a decrease in available credit.
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Delaware Court Dismisses Shareholder Suit Against Spectra
The Houston-based company defeated a derivative lawsuit tied to its 2018 merger with Enbridge. Natalie Posgate details the case and highlights the Skadden team who defended Spectra.
Houston Federal Jury Hits Spanish Piping Company with $31M Verdict
Texas lawyers at Norton Rose Fulbright and D.C. attorneys at Mayer Brown aided two oil and gas pipeline manufacturing companies to victory in a false advertising and unfair competition case in the U.S. District Court for the Southern District of Texas.
Jury Nails Houston Gel Polish Company
Yetter Coleman partner Collin Cox has about 200 bottles of nail polish sitting in his office. He recently won a $2.7 million jury verdict for his client in a four-year legal battle related to all of those bottles and has learned the nuances of at-home polish kits along the way. Natalie Posgate has the story.
Nominations Open for 2019 DFW Outstanding Corporate Counsel Awards
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook are officially accepting nominations for the 2019 Outstanding Corporate Counsel Awards, which recognize the best of the best legal work being performed by corporate in-house counsel. There are 14 categories this year, including three categories that also recognize successful partnerships between general counsel and their outside law firms. The Lawbook has full details.
CDT Roundup: 19 Deals, 18 Firms, 132 Lawyers, $8.1B
Global M&A activity looks pretty sickly so far this year, falling 11% to $2.8 trillion – the slowest pace in more than two years, according to Refinitiv. But conditions may be turning around, with dealmaking among Texas lawyers hopping last week. Claire Poole reports.
Responding to Social Security Administration “No-Match” Letters
Since March, the SSA has sent nearly 600,000 Employer Correction Request Notices to employers across the country informing them that information reported on their W-2s does not match SSA records. Nathaniel Martinez of Munsch Hardt explains how to respond to these letters and how to improve I-9 compliance programs.
Texas Practitioners: Upcoming SCOTUS Term could be a Blockbuster
As the opening of the U.S. Supreme Court term nears, Texas is still a big player at One First Street. Legendary SCOTUS journalist Tony Mauro touched base with a cadre of Texas lawyers who specialize in U.S. Supreme Court work about the cases they are watching in a term that is shaping up to be “a potential blockbuster.”
Dallas Firm Scores Latest Baby Powder Win Against J&J with $40M Verdict
A Los Angeles jury on Friday handed a $40 million win to a California woman diagnosed with mesothelioma in the latest talcum powder trial brought against Johnson & Johnson.
Chesapeake Wins Summary Judgment in Ohio Royalty Class Action Dispute
A federal judge in Ohio has awarded Chesapeake Exploration a summary judgment win in a rare class-action-certified dispute over oil and gas royalties in Ohio’s Utica Shale.