On Wednesday morning, a redacted version of a transcript from a recent show cause hearing — in the litigation to determine whether Jackson Walker should be forced to return about $13 million in legal fees earned in bankruptcy cases before former Judge David Jones — was made publicly available.
More Stories
Arch Resources, CONSOL Energy to Merge, Creating $5.2B Global Coal Operation
Latham & Watkins, Gibson Dunn, Wachtell and McGuireWoods advised on the $2.8 billion merger-of-equals transaction to create Core Natural Resources. The deal combines mining operations across 11 states aimed at global coal exports of metallurgic grade coal.
Jury Acquits DFW Doctor Accused in Alleged University Athletic Billing Scheme
A Sherman jury dealt federal prosecutors a rare acquittal Tuesday in the trial of a Dallas-area doctor accused in an alleged fraudulent scheme to bill insurance companies for medical services provided to injured university student athletes. Jurors deliberated about four hours before finding Dr. Kyle Carter not guilty of a single count of conspiracy to commit wire fraud.
CDT Roundup: 25 Deals, 16 Firms, 304 Lawyers, $49.2B
According to S&P Global, U.S. M&A deal value has declined between election day and year-end in four of the previous seven election cycles. That also means, of course, that in three of those seven cycles, deal value didn’t decline. This week the CDT Roundup leans on a recent Morgan Stanley report that suggests that deal-making fundamentals this year are strong enough that the outcome of the upcoming election may not make much difference. Things can change, but with 25 deals reported last week valued at nearly $50 billion, a prediction of robust post-election M&A markets doesn’t seem that far off the mark. As always, we have the deals and the names of those who worked on them.
Travis County District Judge Can’t Shake ‘Vexatious Litigant’ Title
The U.S. Court of Appeals for the Fifth Circuit issued a unanimous panel opinion Monday rejecting Judge Madeleine Connor’s bid to have Chapter 11 of the Texas Civil Practice & Remedies Code declared unconstitutional. Judge Connor, who was added to the list of vexatious litigants after filing a flurry of pro se lawsuits against her neighbors, is barred from filing more pro se litigation without first seeking permission from the local administrative judge. She argued that barrier to the courts violated her First Amendment right to petition. The Fifth Circuit disagreed.
Litigation Roundup: CenterPoint Wants a Beryl MDL
In this edition of Litigation Roundup, the Texas Attorney General’s Office — fresh off securing a $1.4B settlement with Meta in a similar lawsuit — has filed a data privacy suit against General Motors, U.S. District Judge Reed O’Connor recuses from one X Corp. lawsuit but hangs on to another, and we offer an update on the lawsuits CenterPoint is facing from customers in the wake of Hurricane Beryl and which firms have been tapped to defend the utility company.
Quantum Picks Up Caerus’ Oil, Gas Operations for $1.8B
V&E advised Quantum and its portfolio companies QB Energy and Koda Resources while Davis Graham & Stubbs and Latham & Watkins assisted Caerus, which is backed by Oaktree, Anschutz and Old Ironsides.
Latham & Watkins Lands IP Partner in Austin
Raghav Bajaj, a veteran litigator handling Patent Trial and Appeal Board proceedings, has departed Haynes Boone to join Latham.
Brister Readies for Curtain Rise on Fifteenth COA
Scott A. Brister is winding down his appellate practice as he prepares to once again don a black robe. Brister, who has served at all levels of the Texas court system, on Sept. 1 will step into his new role as chief justice of the Fifteenth Court of Appeals. He will be joined on the first and only intermediate appellate court given statewide jurisdiction by Scott K. Field, a Williamson County district judge and former Third Court of Appeals jurist, and April L. Farris of the First Court of Appeals. The trio will need their combined 30 years of judicial experience as they navigate some 70 state-related cases and prepare to develop jurisprudence for the new business trial courts. (Photo by Laura Skelding)
Judge Slams Ex-Judge Jones but Dismisses Fraud Case in Houston Bankruptcy Romance Scandal
With “some consternation,” a federal judge has dismissed a lawsuit filed by a former McDermott shareholder who claims that he was defrauded out of his ownership stake in the company through a conspiracy that included former Houston Bankruptcy Judge David Jones, his secret girlfriend Elizabeth Freeman, her former law firm Jackson Walker and mega-corporate law firm Kirkland & Ellis.
“The Court takes no pleasure in this result. The Plaintiff’s allegations, if true, cast doubt on the integrity of numerous high-profile bankruptcy cases. Litigants should not have to wonder whether the judge overseeing their case stands to gain from ruling against them: but in Jones’s courtroom, they did.”