HP Inc. Tuesday won a $176 million antitrust verdict against a Taiwanese manufacturer of CD-ROM drives. But the case may not end there. Because the jury found that the firm’s price fixing violations were intentional, HP’s Beck Redden lawyers are asking that the damages be tripled. Natalie Posgate has the details.
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CDT Roundup: 8 Deals, 8 Firms, 138 Lawyers, $6.6B
Private equity activity has slowed down this year while M&A involving Texas lawyers did the same this past week. Consolidation continued in the Permian Basin, private equity-backed midstream developers found exits and a big oil company divested a big asset while another expanded in a new growth area.
Corp. Deal Tracker: The New M&A Master Chart, Deals To Be Documented Weekly
Are your law firm deals included in the Corporate Deal Tracker’s M&A lawyer rankings? The Texas Lawbook has a new, easy, transparent way to find out. The Lawbook unveils its new CDT M&A Master Chart, which documents every transaction handled by lawyers in Texas. The process is simple. The deal data is quickly updated and accurate. Check out the details.
New Advertising Rules for Texas Lawyers are One Step Closer to Reality
The new proposed changes to advertising rules for Texas lawyers will be presented to the state bar’s board of directors in January as they move their way to final passage. Bruce Vincent of Muse Communications discusses how the proposed changes could affect some of the more notable lawyer advertising rules.
All-Associate Team Takes on Oil Giant in Age Discrimination Trial
Some associates may sit around “like a potted plant,” but not AZA associates Neal Sarkar, Jason McManis and Jordan Warshauer, according to firm founding partner John Zavitsanos. The three young lawyers comprise an associate-exclusive trial team that takes on a Norwegian oil giant in court today. Natalie Posgate has the details.
HVL Recognizes Hunton AK, Locke Lord & Sanders McGarvey Lawyers for National Pro Bono Week Kickoff
The Houston Volunteer Lawyers program kicked off National Pro Bono Week on Monday by honoring a handful of attorneys who made extraordinary differences in the lives of people who otherwise could afford legal counsel. CenterPoint Energy GC Jason Ryan said “lawyers don’t only have jobs, we are part of a profession and with that comes obligations” to help those who need it.
Two Big Deals, Three Law Firms, 16 Texas Lawyers, $3B
Kirkland and McGuireWoods advised on Brookfield’s $2 billion purchase of a quarter stake in Dominion’s LNG facility Cove Point while Baker Botts represented Innophos on its sale to One Rock for $932 million in cash and assumed debt.
Houston Chronicle: SEC Subpoenas Crown Castle for Docs
Houston-based cell tower company Crown Castle has received a subpoena from the U.S. Securities and Exchange Commission requesting certain documents from 2015 through the present, primarily related to accounting policies
TX Skadden Lawyers Score a Big Apple Appellate Win for Baker Hughes
For the first time, a New York appeals court has rejected a contention that the simple act of state registration obliges Texas-based Baker Hughes, or any other out-of-state company, to accept general jurisdiction.
Shearman, V&E, Kirkland Advise on DTE’s Pipeline Acquisition from Momentum, Indigo
The purchase comes at a busy time for midstream deals, including Golden Gate’s $600 million Hillstone sale to NGL, Energy Transfer’s $5.1 billion purchase of SemGroup and Plains’ and Magellan’s $1.438 billion sale of a BridgeTex Pipeline stake to pension fund manager Omers.