Exclusive data collected by The Texas Lawbook’s Corporate Deal Tracker shows that transactions handled by lawyers in the state dropped by a quarter on a volume and value basis last year, thanks to the unpopular oil and gas sector. And 2020 is expected to be much worse given the coronavirus, uncertainty in the financial markets and low oil prices.
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Two Deal Lawyers Make Career Moves in Midst of Coronavirus Crisis
Simpson Thacher picks up a former Blackstone managing director while a Texas utility brings on a Kirkland associate as general counsel.
Baker & Hostetler Opens 16-Lawyer Dallas Office
The Cleveland-based firm has launched its second Texas office with attorneys from Winston & Strawn, Kirkland & Ellis, Baker Botts, Barnes & Thornburg and Wick Phillips.
Why a Trade Organization is Joining the Defensive Line Against a Dallas Cowboy
In an unusual move, an established trade organization is waging a battle against former Dallas Cowboys running back Emmitt Smith and his company. Smith alleges patent infringement, while the trade organization alleges Smith is attacking small businesses. Natalie Posgate explains.
Judge Denies Forest Park Defendants Requests for New Trial
U.S. District Judge Jack Zouhary ruled Monday that requests by Forest Park Medical Center doctors and officials for a new trial are “meritless.” The seven defendants were convicted last year of taking part in a massive insurance fraud scheme. The judge also criticized trial tactics employed by one of the prominent lawyers during the trial as “dirty and nasty” and a “cheap stunt.” The Texas Lawbook has complete details.
CDT Roundup: 11 Deals, 7 Firms, 33 Lawyers, $11.91B
Two big transactions involving Texas lawyers helped move the value needle last week, despite shaky-looking deals in the rest of the M&A world thanks to the coronavirus.
Riding the Tsunami: Lynn Pinker Cox & Hurst Prepares for the Virus Wars
Every business leader, from a Fortune 500 CEO to a sole proprietor of a neighborhood business, is looking out on a business landscape utterly transformed by events beyond their—or anyone’s—control. As a result, the next three or four years will not bring “normal” litigation. What is coming will be tough and brutal, as it was at the height of the 1980s banking crisis. Mike Lynn explains.
Chasity Henry Joins CECO Environmental as GC
Chasity Henry, a veteran of the Kimberly-Clark and Dr Pepper Snapple legal departments, officially moved into the corporate C-suite Monday as a general counsel of Dallas-based CECO Environmental. At age 39, Henry is widely recognized as one of the leading voices on diversity in the legal profession.
Texas SG Kyle Hawkins Has Quickly Become a Familiar Face at the U.S. Supreme Court
Texas Solicitor General Kyle Hawkins’ name on behalf of Texas turns up on the Supreme Court’s online docket 50 times, many representing multi-state amicus briefs, others involving other cases brought for or against Texas. At age 39, he has waded into almost all of the headline-making cases the high court is handling these days. This is Tony Mauro’s first article as a Texas Lawbook correspondent.
Airline Bailouts and Bankruptcy – Not So Simple
The government is closing in on a $50 billion infusion of emergency aid to the airline industry in light of the extraordinary decrease in demand for air travel following the onset of COVID-19. While well-intended, the proposed package is insufficient to ward off catastrophic airline failures.