There were few more colorful characters in the corporate world than T. Boone Pickens. Chrysta Castañeda and Loren Steffy got to know him well – Castañeda as his lawyer representing him in a major trial in West Texas and Steffy as a long-time journalist who interviewed the oilman several times over three decades. The Texas Lawbook conducted a virtual interview with the duo.
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Legal Expert: Governor and AG Make ‘Silly and Dangerous’ Hot Mess of Shelley Luther Case
Shelley Luther was not punished for “giving a haircut.” She wasn’t punished for violating Gov. Greg Abbott’s orders. She was punished for violating a judge’s legitimate and legal order from a court. To suggest otherwise or to make her some kind of a martyr for a cause is a disservice to martyrs and causes. Tom Melsheimer gives the actual facts of the case and the dangers of playing politics with it.
It’s Official: Neiman Marcus Files for Bankruptcy – Updated
The much-anticipated move by the luxury retailer involved 24 separate entities filing in the Southern District of Texas. Natalie Posgate has the names of lawyers and bankers involved.
COVID-19 Challenges Medical Equipment Supply Chains
This article briefly summarizes the import facilitation policies to help ease tariffs on much needed products, as well as export policies to restrict PPE exports while at the same time promoting humanitarian assistance worldwide.
They Came, They Fought, They Conquered – The Facts Behind National Law Firms’ Invasion of Texas
For the first time ever, Texas lawyers for national law firms made more money – $3.48 billion – than their Texas-based competition in 2019, according to new Texas Lawbook data. The 16 fastest growing corporate law firms in Texas during the past five years are all headquartered outside of the state. “We saw the writing on the wall,” said Shearman’s Hugh Tucker.
CDT Roundup: 15 Deals, 10 Firms, 90 Lawyers, $10.4B
The capital markets continued to provide more solid companies with the cash they need to keep going through the coronavirus pandemic.
Texas Lawyers Advising on J.Crew Bankruptcy
J.Crew is the first of an expected wave of major brand names to file for bankruptcy as the COVID-19 pandemic continues to keep retailers’ doors shuttered. J.Crew’s Chapter 11 features prolific Dallas litigators and a private equity owner with Texas roots.
Low Tax Revenues, Interest Rates Sap Legal Aid Funds
The two-fisted beating of an coronavirus shutdown and an oil market crash is begetting yet another crisis on the horizon in Texas: the need for legal aid. Zero interest rates and dwindling tax revenues are sapping low-income legal resources, even as the need for them is set to explode. “That’s the next big story,” says SCOTX Chief Justice Nathan Hecht. Janet Elliott explains.
SCOTX a la Mode: Rejects Emergency Challenge to Local COVID-19 Restrictions
The court rejected the effort by a group of protestors to curb the coronavirus curbs by filing directly to the state’s highest court. In rejecting
In Re Salon a La Mode, et al. the court showed sympathy for both sides, but ordered them to begin their legal protest with the lower courts.
Gold’s Gym Files for Bankruptcy in Dallas
The Dallas-based company has tapped lawyers at Dykema to lead it through Chapter 11. Natalie Posgate reports on this story and another bankruptcy filing by a Dallas men’s clothier.