The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook received a record-smashing 126 nominations for the 2018 Outstanding Corporate Counsel Awards. A panel of 18 prominent GCs and lawyers reviewed the submissions and The Lawbook has this year’s finalists.
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Chron: Parker Drilling Filing for Bankruptcy
Houston-based Parker Drilling said Wednesday it’s filing for bankruptcy and losing its listing on the New York Stock Exchange. The financially hobbled onshore drilling contractor has struggled mightily since the
CDT Roundup: 15 Deals, 16 Law Firms, 65 Texas Lawyers, $1.8B
Healthcare-centered private equity is on the brink of another record year. According to newly released data from Preqin, 585 healthcare-related deals had been announced through November worth $56 billion. The Lawbook’s Claire Poole explains how Texas dealmakers fit into the picture, along with her weekly assessment of Texas deals.
Eight Major Hotels Sued in Antitrust Lawsuit in EDTX
An online travel agency has sued eight major hotel chains claiming an agreement to suspend competitive bidding on each other’s branded online search terms damaged its business. It’s a complex allegation of anticompetitive behavior and Lawbook litigation writer Natalie Posgate explains it.
Former Hercules Associate General Counsel and Chief Compliance Officer Joins King & Spalding in Houston
Bill Gordon oversaw the compliance and litigation functions at Hercules, a Houston-based global oil services and drilling company with 3,000 employees.
Kilpatrick Townsend Names New Partner in Dallas
The Atlanta law firm promoted 15 attorneys to partner firmwide.
Husch Blackwell Promotes Three Texas Attorneys to Partner
Husch Blackwell promoted 25 attorneys to partner firmwide.
Locke Lord Austin Office MP Receives RECA Community Service Award
Locke Lord announced this week that C. Brian Cassidy, managing partner of the firm’s Austin office, has received the Real Estate Council of Austin’s (RECA) Community Service Award.
SCOTX Mulls: ‘When Is An Investigation Not An Investigation?’
SCOTX heard oral arguments last week over efforts by the Dallas Morning News to dismiss a libel suit against them. Owners of a now-defunct compounding pharmacy claim a 2016 article in The News falsely suggested they were under federal investigation. That claim of falsehood is complicated by a federal raid on their offices the very day they argued in court.
$178.5M Arbitration Award Ties Off 1990 South Texas Asbestos Case
Two recent rulings for $178.5 million have ended what had been one of the longest running cases in the nation. The downside of the case, filed nearly three decades ago, is that only about 70 of the original 2300 plaintiffs have lived to see its end. The Lawbook’s Litigation Writer Natalie Posgate has the bittersweet details.