The total value of deals among companies in the Lone Star State dropped to the lowest level since 2013 and deal count slid as well, a phenomenon many blame on the sinking fortunes of the oil and gas industry.
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Aimbridge’s Greg Moundas with Weil: New Backer, New Growth Opportunity=Finalist
The general counsel remained cool under pressure during Aimbridge’s sale to Advent International (with outside counsel keeping the deal moving along), which helped the company go on to become the global leader in hotel management with its acquisition of Interstate.
UPDATED: At Least Six Firms in Texas Advise Parties on McDermott Bankruptcy
Kirkland, Jackson Walker, Baker Botts, Bracewell, Weil and Porter Hedges all have a hand in the reorganization, which the oil and gas engineering and construction company hopes will erase more than $4.6 billion in debt.
CDT Roundup: 23 Deals, 15 Firms, 120 Lawyers, $9.58B
The money continued to roll into private equity firms last year while Austin companies raised the most venture capital since 2000. Claire Poole delves into the data and discusses dealmaking last week among Texas attorneys.
Navin Rao: GCs Must Get ‘Incredibly More Aggressive’ in Demanding Diversity
Navin Rao led Michaels Stores through an IPO, two major acquisitions, the liquidations of its Aaron Brothers and Pat Catan’s store chains and the issuance of a $500 million senior notes offering. But
did you know that Sabrina the Teenage Witch bought Rao drinks? Or that he now has a new GC job? The Texas Lawbook has the details.
Vistra’s Stephanie Zapata Moore: a ‘Natural Leader’ at a Growing Company
Stephanie Zapata Moore has been busy the past couple years. The Vistra GC was instrumental in the company’s spinoff from Energy Future Holdings. It didn’t stop there. Last year, she finalized the integration of the legal and compliance functions related to the Dynegy acquisition, oversaw the purchases of Ambit Energy and Crius Energy Trust and engineered a $1 billion private securities offering. And, of course, there’s the marathon she ran in Fargo, N.D.
Celanese + Sidley + Haynes and Boone = Creative Partnerships
Two lawyers – CIA operative-turned-GC Lynne Puckett and associate GC Anne Brooksher-Yen – developed a model to do pro bono projects with two different law firms that they believe will be a roadmap for their relationships with outside counsel on all legal matters going forward. At the core of these creative partnerships is identifying unique opportunities of the corporate legal department with the resources of the law firms to tackle meaningful issues.
Akin Gump Taps John Goodgame for Houston MP
Akin Gump is handing over the reins of its Houston office from one prolific energy dealmaker to another. The firm announced Thursday that John Goodgame has succeeded Chris LaFollette as
Mary Koks Named Munsch Hardt’s Houston Office Managing Shareholder
Munsch Hardt Kopf & Harr has named veteran environmental lawyer Mary W. Koks as the managing shareholder of its Houston office. Koks will also sit on the firm’s operations committee.
SCOTX Reconsiders Case On Jurisdiction
Having once rejected this case involving an out-of-state insulation company, the Texas Supreme Court heard arguments last week reconsidering the threshold of Texas products liability jurisdiction. Janet Elliott reports.