The Federal Trade Commission on Friday dismissed its remaining claims against DIRECTV in the middle of a bench trial that once had $4 billion at stake. The dismissal is the denouement to an opinion issued by a federal judge in California in August that arguably killed the case for the FTC.
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Baker Botts aids WorleyParsons on $3.3B purchase of energy, chemicals and resources segment from Jacobs
Jacobs Engineering Group Inc. of Dallas announced Monday that it agreed to sell its energy, chemicals and resources segment to Australia-traded WorleyParsons Ltd. for $3.3 billion. The move makes WorleyParsons the world’s biggest provider of professional services in energy and resources. Claire Poole explains.
Kirkland, V&E Top M&A Legal Advisor Rankings in TX
New Mergermarket data provided exclusively to The Texas Lawbook shows that Kirkland & Ellis widened its lead in advising Texas companies involved in M&A activity during the first three quarters of 2018. V&E and Jones Day rank second and third. The Lawbook has the top 30 law firms by deal count.
Barry Sorrels Represents Ex-Dallas Councilman in Tax Evasion Plea Deal
The Dallas County schools bribery scandal, which has led to convictions of two high-ranking Dallas city officials, a school superintendent and two businessmen, appears to be winding down. Four-term Dallas City Councilman Larry Duncan pleaded guilty Monday to one count of tax evasion. The Texas Lawbook has the lawyers involved.
Texas Minority Counsel Program Announces Recipients of 2018 Awards
Chasity Henry, Michael Pegues and U.S. District Judge Robert L. Pitman of the Western District of Texas received awards at the annual Texas Minority Counsel Program held last week in Houston.
Rusty Hardin Promotes Three to Partner
The Houston trial firm’s newly-minted partners are all women.
Texas Lawyers’ Assistance Program Announces Next Director
Chris Ritter will step in for Bree Buchanan, who is retiring at the end of the month.
Baker Donelson Announces Diversity Scholarship Recipients
One of the winners of the scholarship will be a summer associate in the firm’s Houston office.
Justice Fund Spotlights Phil Johnson, Veterans
AUSTIN – Vietnam veteran Phil Johnson was in mid-career as a military pilot when a distinguished law career intervened. These days, however, the Texas Supreme Court jurist is focused on the legal needs of today’s military men and women, and those interests were noted last week at the annual Texas Access to Justice luncheon.
Mergermarket Data : Texas M&A Transactions Continue To Churn
Mergers and acquisitions involving Texas companies continue to be upbeat, with third-quarter deal value up almost 70 percent over the second to $131.9 billion, according to Mergermarket data provided exclusively to The Texas Lawbook.