It’s a case about the cost of evaporated water. Or, if you prefer, a case about the cost of literally nothing. But in one of the earliest disputes to be heard in the term that begins next week, the Lone Star State is taking its complaint over a bill for disappearing Pecos River water to the U.S. Supreme Court. Tony Mauro reports.
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DBJ: Reed Smith’s Elizabeth Brandon Discusses COVID’s Impact and More
The Dallas Business Journal recently visited with the Reed Smith litigation partner, who discussed the state of force majeure provisions, the challenges and benefits of remote proceedings and the origins of her entrepreneurial spirit.
State Bar Discipline: 3 Disbarments, 1 Resignation, 7 Suspensions
The State Bar of Texas reported its actions regarding lawyer discipline finalized and reported during September.
GC Kindel Nuno Leads Mattress Firm Through Crises and Minefields
Mattress Firm GC Kindel Nuno does not mince words about December 2017: “It was horrible – among the worst days of my professional career.” Nuno had led MF through two-dozen M&A deals to make it a national bedding retailer with 3,600 stores and $3 billion in revenues. But then, Mattress Firm’s parent company was accused of accounting fraud and the Houston retailer was staring at bankruptcy. Thankfully, MF had Nuno as its legal guide.
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Slew of Texas Lawyers Handle Oasis Petroleum Bankruptcy
Houston-based Oasis Petroleum said Wednesday that it had filed for Chapter 11 bankruptcy protection in federal court as part of prepackaged plan the company reached with its largest creditors in an effort to clear $1.8 billion in debt.
CDT Roundup: 10 Deals, 8 Firms, 93 Lawyers, $12.8B
The big deal last week was the $7 billion sale of a 42% stake in Houston’s Cheniere Energy. Sure, it was a big deal; but as the CDT Roundup notes, it also marks a major inflection point for U.S. LNG exports which didn’t even exist 15 years ago.
Sidley Advises Safe Harbor Marinas in $2.1B Sale
Dallas-based Safe Harbor Marinas, a nationwide member-network of boating marinas was acquired Tuesday by Sun Communities, a REIT specializing in mobile home and RV communities. The Lawbook has the names of the lawyers involved.
2020 Houston Judicial Appellate Races: The Candidates, The Issues & Factors
The men and women of Texas’ appeals courts are called justices for a reason. They’re typically the first people to scrutinize whether justice was truly served to their citizens in the trial courts they oversee. In the first of a special series on Texas judicial races, this article introduces the candidates in Houston’s two intermediate appellate courts and lays out the issues that Houston voters may consider about these races while filling out their 2020 ballot.
Skadden, Kirkland, V&E Advise on $12B Merger of Devon Energy and WPX
Skadden and Kirkland counseled Devon Energy and WPX in a $12 billion merger-of-equals. The new entity will build on developed and proven assets to become a “fixed plus dividend” investment vehicle. The Lawbook has the names of the lawyers who made it happen.
Texas GC Forum Names Magna Stella Winners
Corporate in-house counsel from companies including Flowserve, NexTier, Pinnacle Propane and Seabed Geosolutions are among the recipients of the 2020 Magna Stella Awards.