The nation’s largest nonbank servicer of mortgage loans engaged in multiple illegal practices over a period of four years in the aftermath of the Great Recession, according to a complaint filed by the Consumer Financial Protection Bureau and 50 state attorneys general.
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Meet New Texas Lawbook Writer Nushin Huq
Houston energy reporter Nushin Huq views the articles she writes like they are her children. “I don’t have a favorite. I love them all. I love stories where I interview interesting people, learn something new or surprising,” she said. The Texas Lawbook is pleased to introduce Nushin Huq, a former writer with Bloomberg and S&P Global Platts, as our newest journalist in Houston.
Barron Wallace: One for the Muni
Lawyers almost never get to enjoy the fruits of their labors after successfully representing a client. Not true for Barron Wallace. He’s driven on highways and crossed bridges, sat in sports stadiums and waited in comfort at airports that are the results of his legal handiwork. Wallace, a public finance partner at Bracewell in Houston, has led more than 300 muni-bond projects valued at $37.26 billion during the past eight years. And he is far from finished.
Susman Godfrey: Associate Bonuses Hit $170K Amid ‘Heartbreaking’ Year
The Houston-based litigation powerhouse Susman Godfrey announced Monday that it paid six-digit bonuses to its associates, promoted six lawyers to partner – including four women – and significantly increased the amount of money the firm is giving to charities that focus on racial justice. Despite the great financial year, 2020 was still ‘heartbreaking’ for the four-decade old firm.
Six Charged in Frequent Flyer Hacking Scam
North Texas federal prosecutors have charged six men in a scheme that marketed airline travel booked with hacked frequent flier miles. Bruce Tomaso explains.
Texas Loses Second SCOTUS Case in a Week
For the second time in less than a week, Texas has lost an “original jurisdiction” case before the U.S. Supreme Court, giving new gravitas to the nickname Lone Star State. Tony Mauro has the details.
National Insurance Coverage Firm Launches Dallas Outpost
The firm opened its fifth office in the U.S. with three attorneys from Thompson Coe.
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Emoji Creator Sues Apple in Waco Federal Court
Apple received kudos when it rolled out a stock of emoji that revealed diverse skin colors along with their typically diverse emotions. But a Texas woman has filed suit in Waco contending that Apple stole the concept when she approached the company about a partnership. Bruce Tomaso has details of the litigation.
CDT Roundup: 15 Deals, 9 Firms, 122 Lawyers, $4.3B
If you were wondering where the energy deals went, don’t worry. Of the 15 deals last week 11 of them were in the energy space. Yes, they included some alt deals, but there were a few familiar names as well. They’re in the CDT Roundup.