Dallas-based Matador Resources said Thursday that it has acquired Paloma Permian from Houston private equity firm EnCap Investments for $1.275 billion in cash. Baker Botts and Vinson & Elkins advised on the deal.
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Exclusive: Legendary Houston Trial Lawyer Retires After Nearly Six Decades of Unprecedented Victories
Robin Gibbs’ first jury trial was in the fall of 1971 representing an insurance company in a $278 car accident case. He charged $35 an hour. Fifty-five years later, Gibbs is a giant in the legal profession. He has won jury and bench trials in six different decades. His hourly rate has gone up a bit: $1,700 per hour. He pioneered the concept of litigation boutiques in the mid-1970s.
In an exclusive interview with The Texas Lawbook, Gibbs said he is officially retiring from the practice of law Dec. 31.
Houston Finance Partner Moves from Kirkland to McGuireWoods
Michelle Williamson, a finance partner, has joined McGuireWoods in Houston from Kirkland & Ellis. She will focus her practice on financing transactions for energy and infrastructure clients, representing sponsors, borrowers, financial institutions and investors in acquisitions financings, investment-grade lending and other debt financing matters.
Dallas Real Estate Partner Laterals to Kirkland
Wesley Smith, a real estate partner, has joined Kirkland & Ellis in Dallas from Willkie Farr & Gallagher. He will focus his practice on complex real estate debt and equity transactions, with an emphasis on digital infrastructure development and construction financings.
Katten Tapped to Represent Arena Development Intermediate in Cuban, Mavs Action
Mark Cuban’s quest to depose the corporate representative of Arena Development Intermediate is moving forward after a Dallas judge set a hearing for next month on the Rule 202 petition. Cuban’s filing claims the pre-suit deposition is aimed at uncovering details about how the Dallas Mavericks struck a deal to buy the Valley View Mall property.
Former Justice Fact-Finds Texas’ Toughest Moments: From Uvalde to Camp Mystic
For the second time in four years, Texas legislators turned to Michael Massengale, a former appellate justice, to write a report about a tragedy where adults failed to protect young children. Working with criminal defense attorney Casey Garrett, the reports on the 2025 deadly flooding and the 2022 school shooting in Uvalde worked to set the record straight. Lessons from the flood likely saved lives when rain returned to the Hill Country last week, but more needs to be done to make camps safe, the two investigators told The Texas Lawbook.
Magnolia O&G Acquires WildFire in $4.1B South Texas Deal
Kirkland & Ellis and Troutman Pepper Locke advised the parties in an all-stock transaction, adding 1.25 million net acres in South Texas for Houston-based Magnolia Oil & Gas.
Litigation Roundup: 15th COA Splits on Attorney Immunity Question in $350M Case
In this edition of Litigation Roundup, a direct-to-consumer eyewear company alleges Perkins Coie’s failure to conduct basic diligence ahead of a planned acquisition cost it $50 million, the appellate courts in Houston wipe out a pair of multimillion-dollar jury verdicts, and a Dallas seafood company draws a fine from the federal government for mislabeling Chilean salmon as a more expensive product.
Carter Arnett Adds Stahl and Cho Hernandez to Name
Dallas litigation and trial firm Carter Arnett kicked off the second half of the year by elevating Linda Stahl and Stacey Cho Hernandez as name partners.
Amy M. Stewart Teams Up with Fisher Phillips
A 30-minute coffee between Amy Stewart and Adam Sloustcher went into extra time and turned into a momentous meeting for the two Dallas labor and employment pros.