Arbitrators in commercial civil disputes may change their minds and reverse their own final decisions without the worry of any review by federal judges, even in cases in which judges believe the arbitrator committed “grave error.” The Fifth Circuit ruled in favor of AT&T, which has been in a five-year-long labor dispute with one of its labor unions, the Communications Workers of America.
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CDT Roundup: 16 Deals, 13 Firms, 96 Lawyers, $6.5B
Preliminary data shows that global deal value slid 28% in the first quarter, with private equity firms making up a bigger chunk. Texas dealmakers haven’t been immune, although last week saw flat activity year-over-year with deal closings, restructuring work and private equity reloading to hunt for opportunities.
COVID-19 has Law Firms Considering Changes to Summer Associate Programs
Corporate law firm leaders across Texas are scrambling to figure out what to tell the hundreds of increasingly nervous law students scheduled to participate in summer associate programs scheduled to start in about six weeks. Sidley is delaying its summer clerks arrival for two weeks. Other firms are not sure.
Bradley Arant Energy Attorney Moves to Munsch Hardt in Houston
The new shareholder has in-house experience, including as general counsel at private equity-backed Northern Star Generation.
Supreme Court Raises Liability for Energy Companies in Oil Spill Litigation
The U.S. Supreme Court Monday imposed a stiffer level of liability for energy companies involved in tanker ship oil spills and other marine accidents near ports. Amicus briefs filed in the case sounded the alarm, including a brief by Houston lawyer George Diaz-Arrastia who said his client, Houston-based Tricon Energy, could be severely affected if the high court adopted the lower court’s interpretation.
2019 Capital Markets Transactions
The Texas Lawbook’s Corporate Deal Tracker documents all M&A activity and securities offerings handled by in-house and outside counsel in Texas. Today, The Lawbook publishes a list of the 139 IPOs and equity and debt offerings that Texas lawyers worked on in 2019.
All in a Day’s Work from Home: How to Successfully WFH
With President Trump extending the social distancing guidelines through at least the end of April, millions of Americans will continue adjusting to a work-from-home reality for the foreseeable future. Jason Mueller and Stevin George of Sheppard Mullin share tips that can help you transition to this new normal.
DBJ: Trial Pitting Southwest Against Delta Over Love Field Gate Space Delayed Again
The trial, which was previously scheduled to start in May, has been pushed to the fall, according to an order from U.S. District Judge Ed Kinkeade.
Chron: Federal Judge Sides with Kinder Morgan in Hill Country Pipeline Fight
But Kinder Morgan is not of the woods yet. Sergio Chapa of the Houston Chronicle has the story.
COVID-19 Update for Employers
Employers simultaneously face a public-health crisis and the requirements of a sweeping new law. This guest article from labor and employment experts at Bell Nunnally answers key questions Texas employers need to be mindful of to protect both the welfare of their employees and the livelihood of their businesses.