The Boy Scouts of America filed for bankruptcy overnight in Delaware. The Irving-based nonprofit has reached out to a Chicago law firm to advise in the development of a trust to deal with the legal fallout from lawsuits claiming decades of sexual abuse.
More Stories
Pier 1 Files for Bankruptcy — in Richmond
The long-anticipated bankruptcy of home decor retailer Pier 1 was filed Monday in Virginia. The company has been buffeted in recent months by the death of its GC, a plan to close down 450 stores and, at one point, a halt in trading. Now it says it’s looking for a buyer. Natalie Posgate has the details.
CDT Roundup: 16 Deals, 10 Firms, 92 Lawyers, $1.25B
Oil and gas M&A may be moribund but deals in the digital oilfield are on the rise. Claire Poole covers that plus paltry transactional activity by Texas lawyers leading up to Presidents Day weekend.
First COA: Whatever they didn’t do, they didn’t do it in Texas
A $15,000 dispute involving the ill-starred Podesta Group was properly tossed from a Houston court, the First Court of Appeals ruled Thursday. The D.C. firm was accused of ignoring their client, a prominent Houston law firm, while the firm’s co-founder, Tony Podesta, was under federal scrutiny in the Paul Manafort investigation.
King & Spalding Bolsters Construction Transactional Team in Houston
With the addition of Ingrid Myers, With Myers, the K&S Houston office has four partners and seven associates focused almost exclusively on the drafting and negotiation of construction-related agreements.
Four Clark Hill Strasburger Healthcare Attorneys in Austin Move to Winstead
The additions includes two shareholders, including one with in-house experience for two different healthcare providers.
Houston Energy Litigator Joins Orrick from DLA Piper
Christina Maccio, who has extensive Latin America experience, once represented the Republic of Peru in litigation seeking the return of Machu Picchu artifacts.
It’s Official: Perkins Coie Opens in Austin with Laterals from V&E, Wilson Sonsini
The move comes as the technology market has boomed in the capitol and other firms have shrunk or shuttered their offices.
Kirkland Poaches Another Compensation Partner, this Time from V&E
The lateral follows the firm’s recruitment of Rob Fowler from Baker Botts earlier this year as part of efforts to build an executive compensation team in Texas.
CDT Roundup: 18 Deals, 14 Firms, 123 Lawyers, $6.08B
Private equity continues to be the king of capital, with fundraising surpassing $500 billion again last year and assets under management crossing the $4 trillion mark. But 2020 may be tricky to navigate given challenging dealmaking, among other things. Claire Poole has that plus last week’s transactions among Texas lawyers.