Twelve of the top 15 corporate M&A law firms operating in Texas did fewer deals during Q1 2020 than they did a year ago, according to new Mergermarket data. But the Corporate Deal Tracker shows the decline in deal activity for Texas lawyers started dropping a year ago. The Texas Lawbook has an in-depth look at the M&A deal work being done by lawyers in Texas.
More Stories
CDT Roundup: 8 Deals, 9 Firms, 36 Lawyers, $3.4B
The impact of the coronavirus on pending transactions may be overstated, according to one law firm, while new deals involving Texas lawyers slumped last week. Claire Poole reports.
Former GC Sues Ex-Employer Over WFH Request
Her lawsuit says a Collin County real estate firm fired Dallas lawyer Amy Reggio for complying with the county-wide shelter-in-place order.
Dallas Restaurant Sues Insurer for Denying COVID Business Interruption Coverage
The lawsuit is representative of the insurance disputes that are arising across the U.S. as the national debate heats up about which claims insurers should and should not be responsible for covering for businesses amid the COVID-19 crisis.
Blue Bell Settles Investor Lawsuit for $60M
Texas-based Blue Bell Creameries Inc. agreed to a $60 million settlement of one of the stockholder lawsuits filed in Delaware that emanated from an outbreak of listeriosis traced to its ice cream. Investors have claimed they were blind-sided by the financial fallout that resulted from allegations that the company failed to maintain food production safety standards.
Federal Judge Releases Ill Detainees on COVID-19 Concerns, Tells ICE: ‘We are living in unprecedented times’
U.S. District Judge Keith Ellison ruled federal courts do have habeas corpus authority to release migrant detainees when the conditions of their detention put their immediate health and life at risk. The decision is a huge pro bono win for Weil Gotshal lawyers in Texas, including Paul Genender (pictured above) who say there are other similar cases they might be pursuing.
SCOTX Tosses Highland Capital’s $211M Judgment against Credit Suisse, Upholds $40M
Any other day, a plaintiff would be thrilled that the Texas Supreme Court upheld a $40 million jury verdict in their favor. But Highland Capital is no ordinary plaintiff and its fraud case against Credit Suisse over a 2007 Las Vegas residential real estate project has been far from run-of-the-mill.
Varsity Brands Wins Again at Alabama Supreme Court
Dallas-based Varsity Brands has sealed last year’s $3.1 million Alabama jury verdict with a final win at the Supreme Court of Alabama. The court let stand a judgment against Jostens for luring 47 school clients by hiring two salesmen bearing key trade secrets from a Varsity Brands subsidiary.
SCOTX: No Evidence Bill Brewer Acted in Bad Faith, Sanctions Reversed
Dallas trial lawyer Bill Brewer should not have been sanctioned by a Lubbock judge for conducting a survey or poll months before a trial because there “is no evidence” that the controversial attorney acted in bad faith or tried to improperly tamper with the jury process, the Texas Supreme Court ruled Friday.
Southern District Hands Chevron a $15.6M Win in Trademark Infringement Case
SDTX District Judge David Hittner Thursday slapped Houston-based Sariel Petroleum and several individuals with a $15.6 million judgment for counterfeiting and infringing on trademarks owned by energy giant Chevron USA. Chevron had filed suit against the company in 2018, alleging the Sariel defendants were duping prospective clients into believing the company was affiliated with Chevron. Natalie Posgate reports.