For the first time, a New York appeals court has rejected a contention that the simple act of state registration obliges Texas-based Baker Hughes, or any other out-of-state company, to accept general jurisdiction.
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Shearman, V&E, Kirkland Advise on DTE’s Pipeline Acquisition from Momentum, Indigo
The purchase comes at a busy time for midstream deals, including Golden Gate’s $600 million Hillstone sale to NGL, Energy Transfer’s $5.1 billion purchase of SemGroup and Plains’ and Magellan’s $1.438 billion sale of a BridgeTex Pipeline stake to pension fund manager Omers.
Corporate Deal Tracker M&A 2019
As of September 30, 2019
Senate Confirms Charles Eskridge to Judiciary
The Senate on Wednesday confirmed Eskridge to the U.S. District Court for the Southern District of Texas with a 61-31 vote.
DBJ: Unit of Dallas-based Highland Capital Files for Bankruptcy
Highland Capital Management L.P., a unit within Highland Capital Management’s alternative investment platform, voluntarily filed for Chapter 11 bankruptcy on Wednesday in Delaware. The firm said in a statement that HCMLP’s filing stems from a potential judgment being sought against it that could exceed the entity’s liquid assets.
SEC Director David Peavler: More Crypto-Fraud, Less Oil & Gas Schemes
The new head of the SEC’s Fort Worth Regional Office says there are changes upon us. Cryptocurrency fraud is all the rage, oil and gas offering fraud is blase. SEC enforcement lawyers are getting more aggressive with witnesses and targets earlier in cases. Whistleblowers with evidence of corporate fraud are being more warmly welcomed. And a new, but not nearly as funny, Twitter feed is in the works.
CDT Roundup: 19 Deals, 14 Firms, 55 Lawyers, $4.3B
Lawyers talked trends at UT Law School’s M&A Institute last week, from reps and warranties insurance to deal flow, while transaction activity kept humming along. Claire Poole reports.
Former Stream CLO Lands at Baker Botts
Daniel Terrell worked his way out of a job after closing a $330 million transaction on August 1. But it all worked out and he is now the newest member of the corporate group at Baker Botts. Terrell spoke with The Lawbook about why he chose Baker Botts and the advantage of working at a law firm.
Innovative App Helps Kids Appreciate Their Lawyer Moms
A new interactive storybook by Dallas lawyer Jodie Slater Hastings does more than keep children entertained while on smart devices. It also helps them appreciate the privilege it is to be a lawyer — and better understand the legal profession that their moms leave the house every morning to go do. Better yet: Hastings launched this idea forward after reporting for jury duty. Natalie Posgate has the story.
Kirkland, V&E Counsel on Parsley Energy’s $2.27B Purchase of Jagged Peak
Analysts say that the deal is accretive on financial metrics that matter, their acreage positions in the Delaware Basin fit like a glove and the transaction’s synergies are significant.