Looking to expand its reach into government agencies, Tyler Technologies acquired NIC Inc., a digital government payments provider. Caroline Evans has the names of the lawyers tapped for the deal.
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Simpson Thacher Picks Up Deal Partner from V&E
Simpson Thacher’s new Houston partner was co-lead in one of The Texas Lawbook’s Top 10 deals in Texas for 2019.
Jackson Walker & Kirkland Strike Again With New 9-Figure Chapter 11 Filing
With a large amount of unsecured creditors who hail from Dubai and Saudi Arabia, Asia Offshore Drilling says it’s looking to clear between $100 million and $500 million in debt.
‘I’m here live. I’m not a cat.’
A West Texas lawyer was participating in a court hearing in the 394th Judicial District Court when he suddenly appeared as a kitten.
Jeff Chapman’s Really Big Year
M&A activity may have been down across Texas in 2020, but Gibson Dunn partner Jeff Chapman had the busiest year of his 37-year career. He worked on six billion-dollar-plus transactions and a few smaller deals. But there is much more to Chapman’s story than dealmaking.
CDT Roundup: 18 Deals, 13 Firms, 153 Lawyers, $9.75B
Recent rig count stats suggest a modest rebound in oil and gas. Crude oil prices hovering around $60 per barrel suggest that optimism isn’t just a guess. The question is whether higher commodity prices mean a future for new production, or simply a better return on the O&G already drilled. In the Corporate Deal Tracker Roundup, Caroline Evans looks at the evidence, along with last week’s deals.
Duane Morris Opens in Dallas with Four Partners
Four Barnes & Thornburg litigators have left the firm to launch Duane Morris’ new Dallas office, which the Philadelphia firm says solidifies its presence in the state’s high-technology and energy sectors.
J.C. Penney and Neiman Marcus Paid $100M in Bankruptcy Fees to Lawyers & Bankers
Neiman Marcus filed for bankruptcy on May 7. Eight days later, J.C. Penney petitioned for Chapter 11 bankruptcy protection. Even before they filed, the two DFW retailers had paid legal and financial advisors $30 million to prepare the case. And those fees were only the start. The Texas Lawbook has details.
Appeals Court Denies Toyota’s Request to Seal Docs in Reavis Case – Updated
A Dallas appeals court ruled Thursday that a trial court did not abuse its discretion by declining to seal a set of documents at Toyota’s request after a 2018 trial that rendered a $242 million verdict. The appeal of the verdict is still pending, but in the meantime, Natalie Posgate dissects the issues around the documents.
DBJ: Frisco Video Game Company Getting Acquired in Massive Deal Worth Up to $1.3B
The maker of “Borderlands” has agreed to a transaction that will make it a wholly-owned subsidiary of Sweden’s Embracer Group. Brian Womack of the Dallas Business Journal has the details.