Have you ever worked with someone or a group of people and everything was just easy?
But have you also experienced the opposite, where nothing seemed clear?
In both scenarios, the difference was trust.
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Jackson Walker Draws Another Suit Over Bankruptcy Scandal
A group of 13 shareholders of biopharmaceutical tech company Sorrento Therapeutics allege in a new lawsuit that Dallas-based Jackson Walker’s decision to file its bankruptcy case in the Southern District of Texas was done to enrich the firm at the expense of the shareholders.
Two More Partners Move to King & Spalding’s Dallas Office
Another two Dallas partners have joined their former Winston & Strawn colleagues at King & Spalding. Jeff Cole and Brian Jansen were named partners in the finance and restructuring practice group.
Litigation Roundup: Camp Mystic Wants Arbitration in Fatal Flood Suits
In this edition of Litigation Roundup, a San Antonio-based Jackson Walker partner is tapped to represent a man in a $37 million bid-rigging conspiracy case in Hawaii, and Camp Mystic asks a Travis County district judge to send litigation over the fatal July 4 flood to arbitration.
Pipeline Owner Sued for $200M Breach Owes $1 Biz Court Determines
Stonewall Gas Gathering, a West Virginia pipeline owner, has been ordered to pay $1 in a breach of contract case before the Texas Business Court. Antero Resources claimed it had suffered $200 million in damages from the alleged breach.
Mavs Notch Early Win in Legal Battle with Stars, Trial Looms
The Texas Business Court in Dallas trimmed the claims for trial by granting summary judgment for the Mavericks, finding the Stars didn’t comply with the “location commitment” in the parties’ contract when the team moved its headquarters to Frisco in 2003. There will be a hearing Tuesday morning to determine where the jury trial will take place next month.
A Review of March’s Texas Business Court Decisions
March finds the court firing on all cylinders, producing an increasingly large (and increasingly diverse) output of opinions covering a wide range of issues at nearly every stage of the litigation life cycle — from remand fights to temporary injunction battles and from jurisdictional disputes to yet another trial verdict (this time from a bench trial).
CDT Roundup: Beyond Finally Bags The Container Store in Long-Courted Takeover
The CDT Roundup saw 11 deals reported for the week ended April 4 with a total valuation of nearly $33 billion. The prior week had 13 deals reported with a total value of $10.7 billion, while a year ago at this time there were 19 deals valued at $27.76 billion.
The bulk of the week’s value derives from a $29.1 billion megamerger between two food distribution giants, Sysco and Jetro Restaurant Depot.
But the most interesting may be the much smaller acquisition — finally — of The Container Store by Beyond, Inc., better known by its pre-bankruptcy moniker Bed Bath & Beyond.
That and more in this edition of CDT Roundup.
GCs, Law Profs, Litigation Boutiques, Judges File Briefs Supporting Susman Godfrey in EO Battle
More than a dozen legal groups representing corporate general counsel, smaller law firms, former judges and law professors filed amicus briefs Friday with the U.S. Court of Appeals for the D.C. Circuit supporting Susman Godfrey and three other corporate law firms that are the targets of punishing executive orders by President Donald Trump.
The briefs signed by 21 law professors at Texas law schools, 23 small-firm lawyers in Texas and several prominent Texas firms asked the appellate court judges to uphold four lower court rulings that declared the presidential executive orders unconstitutional.
Texas is a Hotspot for Trade Secret Litigation, Data Shows
Recent data from Lex Machina shows Texas federal courts are a national hotspot for trade secret litigation, but the number of lawsuits filed here aren’t enough to crack the top five. The Southern and Northern Districts of Texas were the busiest.