The Fifth Circuit’s ruling in the closely-watched constitutional challenge to the Affordable Care Act is more notable for what it does not say than what it does. The 2-1 decision could lead to several different paths going forward. Will the new Trump appointees join forces en banc?
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‘A Herculean Effort’
Despite the malaise in the oilfield services sector, which has put the kibosh on M&A, boutique investment bank PPHB is still managing to eke out deals. Co-founder Joe Hoepfl talked with The Texas Lawbook about the state of the market and his outlook for next year.
KRCL Sets Succession Plan in Motion
While the firm’s founders are adamant they do not intend to slow down in the next decade, they are making significant changes to empower the next generation of leaders at Kane Russell Coleman Logan.
Updated – Halliburton Names Van Beckwith its Next General Counsel
Halliburton GC Robb Voyles is being promoted to CLO and he has named Baker Botts litigation partner Van Beckwith as his successor. The Texas Lawbook has exclusive interviews with Voyles and Beckwith, who is relocating to Houston and starting the new position Jan. 1.
CDT Roundup: 24 Deals, 23 Firms, 167 Lawyers, $36.3B
Texas business leaders are bullish on dealmaking for next year, with technology front-of-mind on the diligence front, plus a transaction rush by Texas lawyers before year-end. Claire Poole explains.
“There’s room for everyone on the nice list.”
The Texas Lawbook is looking for fun and interesting pictures from your office holiday party. Here are Greenberg Traurig shareholders Ronald Green and Frank Bradley with Santa Claus. Please send your best shots to: brooks.igo@texaslawbook.net.
Kimberly Phillips Takes Over as Shell Oil’s Head of Global Litigation
Houston appellate law expert Kimberly Phillips has long been an advocate for increased diversity in the legal and energy sectors. Now, she is advocating from a new lofty position: general counsel of global litigation at Shell Oil Company.
Weil, V&E Advise on WPX’s $2.5B Purchase of EnCap-backed Felix
Analysts say the deal is attractive for WPX compared with other recent transactions in the consolidating oil patch and may lead to asset sales to help with financing.
Dallas Jury Hits Greyhound with $20M Wrongful Death Verdict
A Dallas jury has awarded $20 million to the family of Hunter Brown, a 25-year-old Seattle resident who was killed in 2017 by a Greyhound bus as he tried to chase after it when it left him behind at a rest stop. Natalie Posgate spoke to Brown’s parents and their lawyer, Charla Aldous, and tells their story.
Locke Lord, Jones Day Aid on Asbury Auto’s $1B Purchase of Park Place Dealerships
The deal increases the buyer’s presence in Dallas, which is considered one of the country’s most desirable luxury car markets, with Texas becoming 36% of its sales.