Capital markets activity accounted for the three biggest deals of this past week, and the nature of most of last week’s transactions were energy-heavy, but some other industries also struck deals. Claire Poole has the details on firm involvement all 19 transactions, which included an automotive glass merger, a hospital joint venture dismantling and an investment in a movie/brewhouse chain – something for everyone as February closed out and March began.
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Judge Denies Motion to Seal Toyota Docs
A Dallas judge has refused to seal a cache of purloined documents in a defective products case involving carmaker Toyota. Since the documents are readily available online, sealing them would have no practical legal effect, the judge reasoned. Read more about this and several new developments in the Toyota case in The Texas Lawbook.
SCOTX Upholds Legislative Tax Formulas
In a decision that could significantly impact school funding in the oil patch, the Texas Supreme Court ruled that statutory formulas setting valuations for business and personal property are not unconstitutional. Janet Elliott explains the ruling in The Texas Lawbook.
DLA Piper Continues Texas Growth with Austin Investment Funds Team
The six-partner team from Jackson Walker represents foreign and domestic pension plans, endowments, insurance companies, private market solutions providers, family offices and other financial institutions.
Former State District Judge Joins Jackson Walker in Fort Worth
Len Wade served on the 141st District Court of the State of Texas from 2003 to 2009.
Updated – Winstead Beefs Up Restructuring and Bankruptcy Bench in Dallas
Winstead announced Monday it has lured a team of three bankruptcy shareholders from Munsch Hardt in Dallas.
Is the End Near for Employee Class Actions in the 5th Circuit?
In a pair of potentially landmark decisions, the 5th Circuit recently enforced broad class action waivers in court for the first time. Such waivers could block class action lawsuits under the FLSA and other employment statutes. Mark Shoffner of Bell Nunnally explains what these decision could mean for employers in Texas.
Holland & Knight Picks Up Litigation Partner David Schulte
Schulte has joined the firm from Thompson & Knight, where he worked for nearly 15 years.
Baron & Budd Opens Shop in Washington
Prominent Dallas-based plaintiffs’ firm Baron & Budd has expanded its operations to Washington, D.C. with the addition of Scott Simmer, Andrew Miller and Thomas Poulin.
Dallas Judge Considers Whether to Seal Toyota’s Privileged Docs
Lawyers for Toyota Motor Corp. fought hard in a Dallas district court Thursday to keep sealed a set of documents leaked years ago by a former in-house lawyer that are resurfacing in a defective product case. The Japanese automaker is arguing that the documents, though readily available on the Internet, are protected by an attorney-client privilege that the company has never waived.