Business is booming in Texas, and recent changes to U.S. tax laws have brought billions of dollars from foreign investors to the state. These developments have elevated the importance of choosing the right entity when structuring a new business venture. Business lawyers seeking to stay up-to-date on this topic should attend the 17th Annual “Choice, Governance & Acquisition of Entities” course in Dallas on May 24.
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Former BP Associate GC Moves to Vorys in Houston
At BP, Jeff Heller managed the British multinational oil and gas company’s global legal teams responsible for employment and labor law, immigration, data privacy and benefits.
Now, Tuesday Morning…
Jurors in the Forest Park Medical Center bribery trial headed home late Monday. They will resume Tuesday after 19 hours of deliberation. Like last week, the jurors had questions. But unlike last week, those questions were answered via telephone from Toledo. Bruce Tomaso explains.
Chamberlain Hrdlicka Names Former SCOTX Justice Shareholder
David Medina joined Chamberlain’s Houston office in 2017.
Jimmy Vallee Leaves Paul Hastings for Winston & Strawn
Jimmy Vallee, a top energy-focused M&A expert, has moved to Winston & Strawn in Houston with the avowed purpose of quadrupling the firm’s practice there. Vallee says others are already planning to join him. Claire Poole has him on the record.
Halliburton GC Robb Voyles – GC of the Year for a Large Legal Department
Robb Voyles faced a mountain of legal issues when he became Halliburton’s GC in 2014. There was a securities class-action lawsuit seeking billions of dollars in damages, an SEC investigation into alleged misconduct at its operations in Nigeria, a nine-figure tax dispute with its former KBR subsidiary and scores of lawsuits with billions of dollars at stake related to the deadly Deepwater Horizon explosion. Voyles successfully disposed of all of those risks to Halliburton’s balance sheet during a time when the industry faced significant financial pressures.
The Texas Lawbook has an in-depth profile of Voyles, who is the 2019 Houston Corporate Counsel Award’s General Counsel of the Year for a Large Legal Department.
Doctors Beware: The Federal Government Means Business
One of the highest profile health care fraud trials in a generation is nearing conclusion in a Dallas federal courtroom against the now-shuttered Forest Park Medical Center and surgeons who practiced there. While there is no telling what the jury will determine, the case itself is an important warning for health care practitioners. Here are a few take-aways from experts in the field.
Stonepeak Acquires Oryx, UGI Buys AmeriGas in Deals Worth $9.6B
Two deals in the energy sector were announced Tuesday. They involved 58 Texas lawyers at six different firms and an enterprise value of nearly $10 billion. Claire Poole has the names and numbers.
CDT Roundup: 15 Deals, 12 Law Firms, 84 Texas Lawyers, $6.47B
Sure deals were down in Texas for the first quarter of 2019. It’s not your imagination. Apparently, they were pretty much down across the globe, according to the data provider Refinitiv. But remember, the first quarter of 2018 was a particularly good one, so comparisons are relative. Moreover, there are a couple of sectors worth watching as the year progresses. Claire Poole has the numbers, as well as this week’s CDT Roundup.
Call Me By My Name: And No, I’m Not NAFTA
Call it what you will, like it or not, but the newest iteration of a North American trade agreement recognizes the new economic realities that have developed over 25 years of NAFTA. A panel of experts, including the chief legal officer of AT&T Latin America, at SMU’s Cox School of Business reflected on the new realities. The Lawbook was there.