Three former executives of the Federal Home Loan Bank in Dallas – including its ex-president – have pleaded guilty to charges that they conspired to make false statements and filed bogus reimbursement requests to the government-sponsored mortgage lender in a $1.2 million fraudulent scam.
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CDT Roundup: 13 Deals, 13 Firms, 125 Lawyers, $11.8B
Energy M&A isn’t the only market that’s gone torpid. According to Drillinginfo, public equity and debt offerings raised only $16.9 billion in the second quarter, down more than a third from this time last year. Claire Poole has the numbers underlying those numbers, along with a slightly more optimistic CDT Roundup of Texas activity.
Telemarketers, and Scammers and Robocallers, Oh My!
We’ve arrived at a breaking point: Everyone is receiving robocalls, the laws are not working, legitimate businesses are being ruined by runaway litigation, and, worst of all, virtually no illegal telemarketers, scammers or robocallers are being stopped. Though it is unclear what, if any, law or laws will be passed in the near future, one thing is certain: robocalls are squarely in the crosshairs of the Congress, the FCC and consumers. If and when change comes, will it be enough or will technology once again outpace lawmaking?
Paul Yetter: A Brown-bagging, Bus-riding, Billion-dollar-case-winning Trial Lawyer
At a young age for such things Paul Yetter found himself pitted against some of the top litigators in the country – the Joe Jamails and David Boieses. Like many of his clients knew or soon learned, this native son of Texas was more than comfortable among them. Litigation writer Natalie Posgate has the story of Yetter and Yetter Coleman, the Houston firm he founded “with no plan or forethought.”
Kirkland Leads Texas M&A H1 Rankings…By Far
M&A activity involving Texas companies may have declined during the first six months of 2019, but the slump has not impacted the corporate transactional machine that is Kirkland & Ellis. The Texas Lawbook has exclusive Mergermarket data ranking the top 30 law firms representing Texas businesses in dealmaking.
Mergermarket: Texas M&A Plummeted in H1 2019
If you’ve been paying attention to M&A numbers in recent weeks, you already know this: compared to last year, the first half of 2019 has been lackluster. Deal count is down. Deal values are down. “Exceedingly cautious,” is the way one lawyer describes the market. Claire Poole bears the bad news from our exclusive Mergermarket data.
Kirkland to be Anchor Tenant of New Commercial Development in Dallas
Kirkland has signed a lease for the top three floors of Weir’s Plaza, a mixed-use retail and office development that broke ground on Monday.
Updated – Haynes and Boone Signs Former Panda Power Funds GC
At Panda, Eddy Daniels advised a family of funds with more than $6 billion invested in seven gigawatts of power generation projects around the U.S.
Fort Worth Judge Enters $5.3M Judgment in Oil & Gas Insurance Dispute
Fort Worth-based Compass Well Services on Tuesday scored $5.3 million from its insurance company, which failed to cover a costly equipment damage incident while working on a 2013 fracking project in the Eagle Ford Shale. The award follows a six-day jury trial this spring. Natalie Posgate details the case and who will be scoring some nice attorneys’ fees.
Polsinelli Enhances International Trade and IP Practices in Texas
The Kansas City law firm recruited attorneys from Akerman and Bracewell.