The SEC charged Houston investment adviser James C. Tao of Presidio Venture Capital with misappropriating funds and making material misstatements to those who contributed to the private equity fund he created. Court records show Tao agreed to settle with the SEC instead of face trial and will pay $314,000 in fines and disgorgement.
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Morgan Lewis Gives Boost to Houston Healthcare Practice
The lateral hires include the co-leader of BakerHostetler’s healthcare practice and the vice president of legal affairs at the University of Texas Medical Branch at Galveston.
Energy Partner Daniel LeFort Jumps to K&L Gates
Over a career that spans more than 40 years, LeFort has held various corporate in-house roles at ExxonMobil, Calpine Corporation and Qatar Petroleum, where he was assistant general counsel from 2006 to 2010.
Baker Botts Elevates 11 to Partner, Eight in Texas
Four are based in Houston, and Dallas and Austin are home to two each.
King & Spalding Announces Partner Promotions, Including Four in Houston
The firm promoted 17 attorneys firmwide.
Cross-Border Dealmaking for TX Companies Plunges in 2017
Cross-border deals in Texas are down dramatically in 2017. Aside from the usual suspects – a strong dollar and undependable oil prices – is a new one: the uncertain parameters of the Trump administration’s “America First” policies. Some transactional lawyers think a lack of policy structure breeds uncertainty among foreign investors. Others think it has no effect at all. This exclusive in The Texas Lawbook has the numbers and the story behind them.
Veteran Houston White Collar Lawyer Joins Orrick
Chris Flood practiced for the last 20 years with his brothers at Flood & Flood.
Former AUSA & Cyber Expert Moves to Squire Patton Boggs in Dallas
Matt Yarbrough founded the first Cybercrimes and Criminal Intellectual Property Task Force in the Northern District of Texas during his five-year tenure at the U.S. Attorney’s Office.
Texas Lawbook Exclusive: UDF Sues Kyle Bass & Hedge Fund Amid Flurry of Law Enforcement Investigations – Updated
The two-year feud between Hayman Capital Management hedge fund manager Kyle Bass and United Development Funding erupted publicly last week when UDF filed an explosive lawsuit accusing Bass and Hayman of illegally spreading false information about the Grapevine-based real estate development lender in an effort to destroy its business and reap financial gain by short-selling UDF stocks.
Locke Lord’s Steve Jacobs Advises Brookfield on $855M Houston Center Purchase from J.P. Morgan Asset Management
Locke Lord partner Steve Jacobs snagged a big real estate deal this week, serving as local counsel for Brookfield Property Partners on its purchase of the Houston Center office-and-retail complex downtown from J.P. Morgan Asset Management.