The decision, which commentators are describing as “stunning,” will have regulatory consequences far beyond defining the criminal jurisdiction of state and federal courts. This article looks at key takeaways for companies with a stake in oil and gas development in the affected region.
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Updated – Meet Haynes and Boone’s Next Managing Partner
Taylor Wilson has been groomed for three decades to lead at Haynes and Boone. He’s served on the firm’s board of directors and executive committee, chaired the partner compensation committee and led hiring and recruiting efforts. On Jan. 1, he gets a new title: managing partner.
V&E Leads Noble Energy’s Sale to Chevron
Houston-based Noble Energy GC Rachel Clingman chose Vinson & Elkins to lead the oil and gas company’s sale to Chevron for $5 billion or $13 billion in enterprise value, which includes debt. Chevron hired lawyers at Paul Weiss and Shearman & Sterling as its legal advisors. This is the largest M&A deal in the Texas oil patch this year.
Susan Myres: Family Lawyers See Uncertain Times & Wildly Changing Valuations of Assets
Houston lawyer Susan Myres, president of the American Academy of Matrimonial Lawyers, says the COVID-19 pandemic has harshly impacted the family law practice. In an interview with Dallas family lawyer and Texas Lawbook contributing writer Charlie Hodges, Myres says the pandemic is having a critical affect in divorce cases involving business leaders over the issue of determining valuation of assets in a turbulent financial marketplace.
Eco-Bat Hires Daniel Terrell as new GC
Fresh out of bankruptcy, Dallas-based Eco-Bat Technologies has hired former Stream Energy general counsel and Baker Botts special counsel Daniel Terrell as the company’s first chief legal officer.
Eight State Bar Groups Join in “Condemning” Texas Bar President McDougal’s Comments
Eight separate sections of the State Bar of Texas issued a joint proclamation Saturday calling statements by the organization’s president regarding Black Lives Matter, police brutality and disrespect for women lawyers “shocking to the conscience” and “unbecoming of the office he was elected to hold.”
‘Who is Larry McDougal?’
Hundreds of Texas lawyers have called for McDougal to resign as Texas Bar president because he said in 2015 that Black Lives Matter is a terrorist group. Scores are defending him. But many lawyers are asking, “Who is Larry McDougal?” The Texas Lawbook examines the career of the former police officer and prosecutor turned Fort Bend County criminal defense attorney who was sworn in last month as the 92nd president of the state bar.
AZA Mints New Partner
AZA leadership has high praise for Sammy Ford IV.
State Bar’s Board of Directors Sets Meeting over President McDougal’s BLM Comments
The Texas Bar Association’s governing board has scheduled an emergency meeting for July 27 to discuss 2015 Facebook posts by the organization’s president calling Black Lives Matter a terrorist group. Some demand his ouster. Others are adamant defenders. The power of the board to take action, however, is in question. The Lawbook has details.
Avalanche of Business Bankruptcies has Arrived in Texas
More Texas corporations filed for bankruptcy during the first six months of 2020 than in any period in the state’s history. New bankruptcy data provided exclusively to The Texas Lawbook by Androvett Legal Media research documents the extraordinary number of businesses that have filed to restructure so far this year and how the Southern District of Texas has the hottest corporate bankruptcy docket in the country.