In a second merger this week between publicly traded oil and gas producers, Oklahoma City-based Chesapeake Energy Corp. said Tuesday that it had agreed to buy WildHorse Resource Development of Houston for nearly $4 billion in cash, stock and debt. Claire Poole has the names of Texas lawyers involved in the deal.
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Turning Obstacles into Triumphs
As a young man, I accompanied my dad to a bank to get a loan in hopes of opening an auto body shop. The loan officer denied us service, threw our completed paperwork at us and told we would never receive a loan from that bank or buy that business. That banker made certain that we knew we were not welcome in his world. And that is a major reason I’m a lawyer today. My story is the story of many.
V&E, Skadden and Gibson Dunn Assist on Denbury’s $1.7B Penn Virginia Purchase
Texas lawyers from three different firms had a hand in Denbury Resources’ $1.7 billion purchase of Penn Virginia Corp., the first of what’s expected to be a wave of mergers between publicly traded oil and gas producers. Claire Poole has the details in The Texas Lawbook.
Latham Names Three New Partners in Houston
Tim Fenn, Houston office managing partner, says the newly-minted attorneys are “exceptional Houston lawyers whose work in their respective practices spans the energy industry and showcases the experience Latham offers.”
CDT Roundup: 14 Deals, 18 Law Firms, 134 Texas Lawyers, $14.4B
The stocks of oil and gas exploration and production companies have been selling off recently, with one index down by around 18 percent so far this month. That’s led some industry observers to believe that mergers could begin to accelerate. And in Texas, there was a slight uptick in activity last week. The Lawbook’s Claire Poole has it covered.
Mergermarket: V&E, White & Case, Latham Handle Biggest Value M&A Deals in TX
At the third quarter of 2018, Houston-based Vinson & Elkins ranks No. 1 in the combined value of their M&A transactions for Texas businesses. But exclusive data provided to The Texas Lawbook by Mergermarket shows the next 10 are headquartered outside Texas. In fact, four of the top 10 don’t even have an office in the state. More inside.
Texas Consumer Protection Division Assistant Attorneys General Receive Award
The Texas Attorney General’s Office announced on Friday that Rick Berlin and Stephanie Eberhardt have received the Rising Star award from the National Consumer Law Center.
Carrington Coleman Partner Appointed to Trinity River Authority Board
Cathy Altman, who will serve a six-year term, is one of five new directors to the 25-member board.
Beck Redden Partner Elected National Director of DRI
Thomas Ganucheau will serve a three-year term as national director.
Updated: Dallas Judge Preserves Bulk of $242M Verdict Against Toyota
Dallas District Judge Dale Tillery on Friday ordered Toyota Motor Corp. to pay a Dallas family $213 million – the bulk of a $242 million jury verdict from August that found the automaker liable for a 2016 rear-end accident that left two small children with permanent brain damage. Toyota says it will ask for a new trial. The Lawbook has the details.