Prosperity was used to doing acquisitions, having completed 42 since its founding in 1983. But the LegacyTexas transaction was the largest in terms of sheer size and relative size to Prosperity – and came with challenges.
More Stories
DBJ: Dallas Company’s Founder Taking New Owners to Court in a Move That’s Held Up a Key Deal
A founder of an Irving software company has gone to court to stop his company from making an acquisition – and it’s worked so far. Brian Womack of the Dallas Business Journal has the story.
Locke Lord Loses Two Top Energy Dealmakers to Winston
The former capital markets co-chairs said in an interview they needed the Chicago firm’s platform to better serve their clients and “truly be on top.”
Pier 1, Bracewell Weather Massive Shareholder Class Action Storm
Pier 1 endured changes in style, changes in market, changes in judges and changes in its legal leadership to beat back stockholder charges of securities fraud in epic fashion. And as a result they are finalists for Litigation of the Year in the 2019 DFW Outstanding Corporate Counsel Awards.
But in addition to those challenges, the company is now also coping with the untimely death of its general counsel.
CyrusOne’s Ashlie Alaman – ‘A Heart for Helping People’
Ashlie Alaman returned home Monday after a four day mission trip to Reynosa, Mexico, which is one of the most dangerous towns on the border. She and seven other women from their church delivered food, clothes, sewing machines to 400 migrants in a shelter hoping for asylum in the U.S. Alaman is a “force of nature” in the pro bono world. “I absolutely love being a lawyer … to help change people’s lives,” she says.
Range Resources Win Is More Than OK
When royalty owners sue oil and gas producers in Oklahoma, you play by Oklahoma rules. Because of those rules, the results can be ugly. But when Range Resources was sued in Oklahoma, GC David Poole decided to fight. And the results of that decision are now nominated for Litigation of the Year in the 2019 DFW Outstanding Corporate Counsel Awards.
State Securities Class Action Suit Heads to Montgomery Co. with Fewer Defendants
In a unanimous ruling, a three-judge panel ruled that a Dallas trial court did not have personal jurisdiction over British chemicals company Venator Materials, four of its executives and four underwriters of Venator’s 2017 IPO, who are all nonresident defendants in the litigation.
Austin Oil and Gas Partner Jumps to Baker Botts from T&K
Gaye Lentz will work in Baker Botts’ global projects group and primarily serve clients in the midstream and upstream space.
Kim Askew Leaves K&L Gates for DLA Piper
In Askew, DLA Piper is adding a leader in the Dallas legal community with extensive client relationships and a history of mentorship.
James Sheppard Scores Back-to-Back Jury Trial Triumphs for Southwest
James Sheppard took his first flight on Southwest Airlines when he was a high school freshman. Twenty-five years later, Sheppard is a senior litigation attorney for Southwest who took two major multimillion-dollar lawsuits to trial in California last year and won both of them. This is the story of how he did it.
