Private equity firm First Reserve said Monday it agreed to sell Deep Gulf Energy Cos. to publicly traded Kosmos Energy for $1.225 billion, signifying the buyer’s entry into the Gulf of Mexico. Claire Poole has the rundown.
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Texas IPO Activity 2017-18: The Return of Oilfield Services and the Rise of the SPAC
By Ramey Layne of Vinson & Elkins (Aug. 6) – In 2017 and the first half of 2018, 32 IPOs of Texas headquartered companies were completed, raising approximately $9.7 billion
‘No Easy Day’ Case Settles
A legal malpractice lawsuit between the former Navy SEAL who wrote No Easy Day and an Indiana lawyer settled late last week.
Marc Kesselman Settling in as GC at Purdue Pharma
(Aug. 6) – Purdue Pharma needed a new chief legal officer to lead the privately held drug maker through a mountain of litigation it faces over the opioid crisis. Lawyers
Appeals Court Revives Dallas Probate Case Over Alleged Judge/Attorney Misconduct
(Aug. 6) – A $100 million business divorce case in which a Dallas probate judge is accused of having a secret relationship with an attorney in the case is headed
SEC Closes Climate Change Probe into ExxonMobil
(Aug. 3) – The U.S. Securities and Exchange Commission has ended its two-year inquiry into ExxonMobil and how the oil giant factors climate change into the valuation of its corporate
Mergermarket: Top 30 M&A Deals of H1 2018
(Aug. 3) – In the first half of 2018, the top 30 M&A transactions involving Texas-headquartered companies were pretty big deals. That’s not a big surprise. The surprise is how
Reid Wilson Named Chair of REPTL
The chair of Houston law firm Wilson Cribbs + Goren will serve a one-year term as treasurer of the State Bar’s Real Estate Probate and Trust Law Section.
Updated – Foley Gardere Adds Tech Transactions Pro
Dr. Guy Birkenmeier most recently practiced in the intellectual property group of Baker McKenzie.
Akerman Strengthens Real Estate and Insurance Practices in Dallas
Akerman’s three new partners include a former TRT Holdings in-house lawyer.