If you’ve been paying attention to M&A numbers in recent weeks, you already know this: compared to last year, the first half of 2019 has been lackluster. Deal count is down. Deal values are down. “Exceedingly cautious,” is the way one lawyer describes the market. Claire Poole bears the bad news from our exclusive Mergermarket data.
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Kirkland to be Anchor Tenant of New Commercial Development in Dallas
Kirkland has signed a lease for the top three floors of Weir’s Plaza, a mixed-use retail and office development that broke ground on Monday.
Updated – Haynes and Boone Signs Former Panda Power Funds GC
At Panda, Eddy Daniels advised a family of funds with more than $6 billion invested in seven gigawatts of power generation projects around the U.S.
Fort Worth Judge Enters $5.3M Judgment in Oil & Gas Insurance Dispute
Fort Worth-based Compass Well Services on Tuesday scored $5.3 million from its insurance company, which failed to cover a costly equipment damage incident while working on a 2013 fracking project in the Eagle Ford Shale. The award follows a six-day jury trial this spring. Natalie Posgate details the case and who will be scoring some nice attorneys’ fees.
Polsinelli Enhances International Trade and IP Practices in Texas
The Kansas City law firm recruited attorneys from Akerman and Bracewell.
SEC’s David Peavler: His First 10 Days on the Job
The former HD Vest Financial GC started his new job as the regional director of the U.S. Securities and Exchange Commission’s Fort Worth office last Monday. In an exclusive interview, Peavler says he faces significant challenges but people need to know about one change from his predecessor.
CDT Roundup: 10 Deals, 7 Firms, 46 Lawyers, $775.5M
Deal activity involving Texas lawyers continued to be weak this past week – and way weaker than this time last year, which doesn’t portend a great second half of the year. Claire Poole has the numbers.
Callon-Carrizo: It’s All About Relationships
Baker Botts had done work for Carrizo Oil & Gas for 22 years. Kirkland had been developing a relationship with Callon Petroleum management for the last several years. In the end, the two law firms helped put together a combination of the two companies that one analyst says will join an elite group that can achieve double-digit production growth while generating meaningful free cash flow.
East Texas Jury Rejects Plastronics’ $104M Patent Infringement Claim
Lawyers at Haynes and Boone overcame major hurdles in an East Texas courtroom last week when they defended a Korean-speaking client accused by a prominent North Texas business of patent infringement and tortious interference.
Reed Smith Brings L&E Expertise to Dallas Office with Trio from Morgan Lewis
The team is led by Paulo McKeeby, who co-chaired the Texas labor and employment practice at Morgan Lewis.