The Texas-based company is building one of the largest AI data centers on the planet. Meet the Haynes Boone lawyers who advised on the offering, which values the company at more than $13 billion.
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Judge Says He Has Lost Sleep in Dr. Phil Bankruptcy Case, Takes Motion to Dismiss Under Advisement
The two-week-long hearing in the Dr. Phil McGraw bankruptcy case concluded Monday afternoon. Counsel presented their closing arguments to the Northern District bankruptcy court on whether the case should be dismissed or converted to a Chapter 7.
Inaugural San Antonio Corporate Counsel Awards Winners Announced
The general counsel at Valero Energy, Howard Energy Partners, OCI Enterprises and Stakeholder Midstream and the legal department at Zachry Group are among the recipients of the first annual San Antonio Corporate Counsel Awards.
Litigation Roundup: Family Feud Over Houston Texans Ownership Extends via $100M Suit Against NFL
In this edition of Litigation Roundup, a Dallas lawyer secures an important ruling in a case involving NCAA eligibility for an Indiana University football player from Mesquite, and the brother of the Houston Texans principal owner hires Tony Buzbee to bring a $100 million tortious interference lawsuit against the National Football League. There is also coverage of non-football-related cases.
Ares Acquires Meade Pipeline for $1.1B
A Texas-heavy Sidley Austin team advised Ares in the purchase, which secures a 40 percent stake in the Central Penn Line, a major connection between Pennsylvania natural gas fields and major East Coast markets.
CDT Roundup: Sempra Deals Lead Another $22.8B Week
The week ending Sept. 27 had 16 deals reported with an overall value of nearly $22.8 billion led by $17 billion in in just two transactions by one of the largest utility builders in North America.
EDTX Jury Hits Samsung with $78.5M Verdict in Infringement Case
Anonymous Media Research Holdings had filed suit against Samsung Electronics Co. and Samsung Electronics America in September 2023, alleging infringement of two patents covering technology used to measure media consumption. U.S. District Judge Rodney Gilstrap presided over the case that began with jury selection Monday and ended with Friday’s verdict. A related patent infringement case brought by Anonymous Media has been filed in the Northern District of California, and is currently on appeal to the U.S. Court of Appeals for the Federal Circuit. U.S. District Judge Vince Chhabria granted Roku’s motion for judgment on the pleadings in that case on Sept. 12.
Jackson Walker Strikes 2 More Proposed Settlements in Bankruptcy Fee Cases
Strike Liquidating Trust and Auto Plus Auto Sales are among a handful of companies that have reached proposed settlements with Jackson Walker. Most recently, JCPenney reached a potential $1.4 million settlement with the law firm.
P.S. — Jail Mail Censorship Settlement, Ten Commandments Lawsuit, and Fundraisers for Justice
In this week’s edition of P.S., we include coverage of two pro bono cases. First, SMU’s First Amendment Clinic and O’Melveny & Myers teamed up to secure a $290,000 settlement and a permanent injunction against mail censorship at a Texas jail. Second, Simpson Thacher & Bartlett joined a coalition of civil liberties groups in a new lawsuit challenging Ten Commandments Displays in Texas classrooms. In Dallas, the Hispanic Bar Association prepares to celebrate its 20th Anniversary Noche de Luz Gala. And, shoppers, get excited. Jewelry brand Kendra Scott and luxury clothing store St. John Dallas Boutique are each hosting benefit events to raise funds for legal aid services across Texas.
Auto Parts Financial Arm Files Bankruptcy in SDTX
In one of the largest and most complex corporate bankruptcy filings in Texas this year, the financial arm of global auto parts seller First Brands Group sought Chapter 11 protection today in the Southern District of Texas, citing between $1 billion and $10 billion in liabilities but only $500 million to $1 billion in assets. Weil is advising the debtors.