On Tuesday morning, lawyers for Dallas-based Energy Transfer Partners and Houston-based Enterprise Products Partners will square off before the Texas Supreme Court to argue over reinstatement of a $535 million jury verdict. At the heart of their battle, however, is not just money; it’s a case that could determine the nature of business relationships in Texas. Lawbook litigation writer Natalie Posgate outlines the history of the dispute, the legal arguments for both sides and what’s at stake for Texas businesses.
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DBJ: FTC Levies $150M Penalty against Plano Firm
Plano-based AdvoCare International and its former chief executive officer will pay $150 million to settle charges that the company operated as an illegal pyramid scheme, the Federal Trade Commission announced
Lynn Pinker Taps Jackson Walker for New Partner
The Dallas boutique’s signing of Sara Chelette comes two weeks after losing a partner to Kirkland & Ellis.
CLE Showcase: Four Premier Texas Trial Lawyers, Four Huge Verdicts & a Federal Judge
During the past year, four of the most skilled trial lawyers in Texas have scored several huge trial verdicts. On Monday night, in an exclusive live event hosted by The Texas Lawbook, the Texas GC Forum and SMU Dedman School of Law, those four lawyers – who will be questioned by federal judge Karen Gren Scholer – will take attendees behind the scenes of their historic courtroom victories. The Lawbook has full details.
Report: E&P Bankruptcies Up, Credit Expected to Tighten
After two years of fewer bankruptcies, the oil and gas exploration and production sector is seeing an uptick in filings at a time when the industry expects a decrease in available credit.
Delaware Court Dismisses Shareholder Suit Against Spectra
The Houston-based company defeated a derivative lawsuit tied to its 2018 merger with Enbridge. Natalie Posgate details the case and highlights the Skadden team who defended Spectra.
Houston Federal Jury Hits Spanish Piping Company with $31M Verdict
Texas lawyers at Norton Rose Fulbright and D.C. attorneys at Mayer Brown aided two oil and gas pipeline manufacturing companies to victory in a false advertising and unfair competition case in the U.S. District Court for the Southern District of Texas.
Jury Nails Houston Gel Polish Company
Yetter Coleman partner Collin Cox has about 200 bottles of nail polish sitting in his office. He recently won a $2.7 million jury verdict for his client in a four-year legal battle related to all of those bottles and has learned the nuances of at-home polish kits along the way. Natalie Posgate has the story.
Nominations Open for 2019 DFW Outstanding Corporate Counsel Awards
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook are officially accepting nominations for the 2019 Outstanding Corporate Counsel Awards, which recognize the best of the best legal work being performed by corporate in-house counsel. There are 14 categories this year, including three categories that also recognize successful partnerships between general counsel and their outside law firms. The Lawbook has full details.
CDT Roundup: 19 Deals, 18 Firms, 132 Lawyers, $8.1B
Global M&A activity looks pretty sickly so far this year, falling 11% to $2.8 trillion – the slowest pace in more than two years, according to Refinitiv. But conditions may be turning around, with dealmaking among Texas lawyers hopping last week. Claire Poole reports.