Houston-based Sable Permian Resources is the latest energy company to fall victim to the COVID-19 crisis and the Saudi-Russia oil price war and file for bankruptcy protection as a result. But court documents reveal that the oil producer has been struggling with his balance sheet since 2016.
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Five Texas GCs Ask Congress to Increase Legal Aid Funding
The chief legal officers at AT&T, Dell, Kimberly-Clark, LyondellBasell and Pioneer Natural Resources joined colleagues from across the U.S. in asking the U.S. Congress to significantly raise the amount of funding it provides to the Legal Services Corporation.
Chamberlain Hrdlicka Hires Houston Shareholder to Co-Chair Bankruptcy Practice
Jarrod Martin started his career as a clerk for a Houston federal judge.
Katten Adds L&E Practice in Dallas
Michael Gaston-Bell joins the firm from Haynes and Boone, where he was an associate.
Paxton’s Lawyers on Criminal Case Shuffle: ‘This Case Has Gone on Far Too Long’
It’s been five years since Texas AG Ken Paxton has been indicted for securities fraud, but the case is back to where it first began.
“Never in my wildest dreams did I think that that this case would be going five years later,” one of Paxton’s lawyers, Bill Mateja, told The Texas Lawbook. “Let alone that there would be two trips to the Court of Criminal Appeals, that we’d have the SEC case dismissed years before the criminal trial was even scheduled and that the case would be transferred to Harris County and back to Collin County.”
Children’s Pizza Parties & Films: The Latest Players on the Bankruptcy Docket
A Texas-based arcade also known for its pizza and a French multinational corporation that was a foundational backbone to Hollywood’s Golden Age are the latest companies to file for bankruptcy protection in Houston. Natalie Posgate explains the circumstances and reveals the lawyers.
Northwest Texas Legal Aid Celebrates Women Advocacy Awards, Needs Funding
Texas Chief Justice Nathan Hecht says domestic abuse cases are “up quite a bit” during the past 15 weeks of the COVID-19 pandemic, but there are not enough lawyers doing pro bono to help abused women and children. The chief justice’s comments came during a webcast conducted by the Legal Aid of Northwest Texas, which celebrated the 2020 Women’s Advocacy Awards.
Chron: Environmentalists Ask Judge to Halt Construction on Hill Country Pipeline
The Sierra Club is asking a federal judge to halt construction of a $2 billion natural gas pipeline being built by Houston pipeline operator Kinder Morgan.
Susman Update: A New Problem – COVID-19
After important progress recovering from a bicycle accident in April, Houston litigator Steve Susman has suffered several setbacks in recent days, including infection by the novel coronavirus.
Waste Management, Advanced Disposal Reboot Merger at $4.6B
In addition to a reduced price, the two companies agreed to sell $835 million in assets, including some likely required for DOJ antitrust clearance.