Kevin Burgess, who also was on the McKool Smith management committee, is the first lateral principal hire at his new firm.
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Texas Lawyers’ Capital Markets Deals Down Nearly 25% in 2019
Blame the oil and gas industry, which even before the market collapse had difficulty attracting funding given its out-of-favor status on Wall Street.
Morgan Stanley Holds Top Spot in Q1 Dealmaking Value in Texas
Houlihan Lokey ranked-one in deal count, handling 11 transactions in the state. Claire Poole reports on the latest exclusive Mergermarket numbers.
Three Weeks After Whopping Judgment, Diamondback Industries Files for Bankruptcy
Three weeks after losing the very first IP trial decided by U.S. District Judge Alan Albright, Crowley-based Diamondback Industries filed for bankruptcy protection, citing the $40 million judgment as first among their debts. Natalie Posgate has the details.
GCs, Corporate Transactional Lawyers Lead American, Southwest Landing $9B in Gov’t Funding
Two dozen corporate lawyers at V&E and Latham worked feverishly for a few weeks with their respective clients at Southwest Airlines and American Airlines to secure billions of dollars in payroll relief funding from federal government. A senior in-house lawyer says the agreements are the most complex and important transactions for both airlines since 2014. The Lawbook has details.
Remember 2019? Texas Corporate Firms Scored Record Revenues, Profits – Why it Matters Now
The 50 largest corporate law firms operating in Texas scored record revenues and profits in 2019, added more lawyers than ever before and started the first two to three months of 2020 on pace for even loftier heights, according to exclusive new data collected by The Texas Lawbook. While 2019 seems like such a long time ago, legal analysts say the financial health of Texas law firms in the 14 months leading into the COVID-19 and crude oil price crises is a clear indicator of how they will make it through the rough times ahead.
Arnold Ventures’ Roxanne Almaraz – A GC doing ‘Personally Meaningful’ Legal Work
Roxanne Almaraz was four when she told her parents that she planned to be either a lawyer or a cardiothoracic surgeon. Thirty-five years later, she is the general counsel of a multibillion-dollar philanthropic and public policy-oriented LLC in Houston. Along the way, Almaraz worked on some major energy M&A transactions. This is her story.
Fifth Circuit Approves “Snap Removals” of Diversity Cases by Non-Forum Defendants
A new tool is now available for companies sued in Texas, Louisiana or Mississippi, thanks to a recent Fifth Circuit decision. Nicholas Sarokhanian of Holland & Knight explains.
CDT Roundup: 19 Deals, 14 Firms, 92 Lawyers, $9.5B
Last week was a big one for capital markets transactions, in spite of…well, everything. M&A? Not so much. In her weekly CDT Roundup, Claire Poole has names and numbers for the deals that kept Texas lawyers busy while they WFH.
Two Dallas Lawyers, One Ruling: SCOTUS Rules on Patent Review Issue
A decision issued Monday in the U.S. Supreme Court narrowed the scope of what can be appealed during an inter partes review of patent cases, providing some clarity to portions of the America Invents Act. The case originated in a Texas court and pitted two Dallas lawyers against each other at oral argument.