Could the swing of Texas’s big courts of appeals to Democratic majorities lead to more removals from state to federal court? Despite the hurdles federal courts have raised to removal jurisdiction over the years, the addition of five new judges to the Fifth Circuit certainly creates an opening.
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CDT Roundup: 15 Deals, 11 Law Firms, 110 Texas Lawyers, $4.5B
Heading into the thick of the holiday season, as well as the year’s end, two separate trends may be emerging: first, middle market deals are beginning to thin; second, PE is gaining influence fast enough to account for half the M&A market in the next five years. The Lawbook’s Claire Poole explains in her weekly Corporate Deal Tracker Roundup.
Judge Reopens Forest Park Bankruptcy to Investigate Contempt of Party
It started with a Chapter 11 bankruptcy tied to an Austin affiliate of the Forest Park hospital. It ended with a revelation in a separate case in Dallas of multiple potentially illegal transfers of millions of dollars during the bankruptcy proceeding. The bankruptcy case has now reopened to determine whether a Dallas private equity manager, the recipient of these millions, should be held in contempt and hit with six-figure sanctions. The Lawbook has the story.
Kerstin Arnold – A GC & Public Servant on the Front Lines of the Opioid Crisis
Texas Pharmacy Board GC Kerstin Arnold may be the most influential public health attorney in the U.S. and definitely is the single most important lawyer in Texas involved in the opioid crisis. Arnold, recently honored by the Texas GC Forum, has spent two decades “trying to change the world for the better.” This Lawbook profile shows how she’s done it.
Top Texas Biz Litigation Concerns: Cybersecurity, Contract Conflicts & Employment Disputes
Texas-based companies are facing fewer and fewer lawsuits and the lawsuits they are facing are costing them less, according to a new survey of corporate general counsel by Norton Rose Fulbright. But corporate in-house counsel in the state are increasingly worried about cybersecurity attacks and data breaches. The Texas Lawbook has the details.
ACC-Houston & Texas Lawbook Announce New Partnership
The Houston Chapter of the Association of Corporate Counsel is forming a new partnership with The Texas Lawbook designed to provide business lawyers and the public with more insight into corporate legal departments. The Lawbook plans to publish in-depth profiles of ACC-Houston members and the legal work they do. This article has complete details.
Akin Gump Increases Pro Bono Commitment for Border Cases
Corporate bankruptcy lawyer Eric Seitz is in El Paso representing a Honduran father who fled murderous gangs with his teenaged sister who threatened to kill them and is seeking asylum. The need for lawyers at the border is still there and The Texas Lawbook has details.
Two Houston Lawyers Score Three M&A Deals Each in the Past Month
It’s been a busy time for mergers and acquisitions in Texas, particularly in the oil and gas industry. And over the last month or so, two Houston lawyers each handled three large transactions that together were worth more than $21 billion. The lawyers who put those deals together talked to The Lawbook’s Claire Poole about how those deals came about.
DBJ: Union Sues American Airlines over Drug Tests
A union that represents American Airlines fleet service employees is suing the Fort Worth-based carrier because of what it deems are unnecessary drug tests.
Reed Smith Lures Energy Finance Partner J. Eric Holland
Holland, who lateraled to Reed Smith from Bracewell, will practice in the firm’s financial industry group.