Oil prices and energy stocks are plunging, thanks to the coronavirus and Russia refusing to cut production, leading to worries about M&A and new bankruptcies. Observers are calling on companies to work toward generating more free cash flow by lowering spending and cutting production so they can pay down debt – and maybe acquire wounded competitors.
More Stories
Challenges to Mainstreaming ESG in Financial Markets
Financial institutions have more tools at their disposal to effect change by driving environmentally conscious behavior across industries, while also meeting board and investor demands for increased volumes of sustainability-driven lending. The net effect of this paradigm shift will result in new sources of capital for environmentally beneficial projects and activities. This article explains why and how.
NRF Obtains Text Message Telemarketing TCPA Win
In a summary judgment issued Friday, a federal court in California dismissed a class action lawsuit against a financial news publication and its premium subscription service. The case involved some Texas lawyers and the TCPA (No, not that one; the Telephone Consumer Protection Act).
Holland & Knight Adds Former PrimeSource GC and Trio of Healthcare Litigators
Jeffrey Harvey is the Florida law firm’s fourth partner hire in Texas in the past two weeks.
Shearman Snaps Up Two Thompson & Knight Partners for its New Dallas Office
Ann Marie Cowdrey and Nathan Meredith specialize in M&A and private equity deals in the energy sector.
Spencer Fane Opens Fourth Texas Outpost
The Kansas City-based firm has tapped a former senior managing counsel for Dell to lead its expansion in Austin.
Tasha Schwikert: From Olympic Athlete to Mergers & Advocacy
She was a bronze medalist in the 2000 Olympics, but Tasha Schwikert’s role as an ex-athlete and lawyer may yet prove her most enduring. As Natalie Posgate explains, the reasons are personal.
Renowned SCOTUS Reporter Tony Mauro Joins Texas Lawbook Team
Tony Mauro has covered thousands of court cases during his nearly five decades as a legal journalist – from Tiny Tim’s divorce to Bush v. Gore. Mauro, one of the most respected legal journalists in the world, is joining The Texas Lawbook as a contributing writer. He will write articles about Supreme Court cases important to Texas business lawyers and about lawyers who regularly practice before the nation’s highest court.
AT&T and Toyota GCs to Federal Courts: Fix Expert Witness Testimony Rules
The chief legal officers of 50 U.S. corporations, including the general counsel at Dallas-based AT&T and Plano-based Toyota, are asking federal judges to revisit the evidence rules regarding the admission of expert testimony.
Byron Romain Named GC of NOVA Chemicals
The former White & Case and Simpson Thacher partner returns in-house to lead legal operations at the Abu Dhabi-owned petrochemical maker.