In a unanimous verdict, five women and three men ordered Youtoo Media and its general partner, Christopher Wyatt, to pay more than $3 million to Prince Mansour Bin Abdullah Al-Saud of the Kingdom of Saudi Arabia for his lost investment. The court also tossed a $6 million claim the prince’s courtroom opponents brought against him.
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Texas PUC Blocks Oncor Sale to NextEra
The Texas Public Utility Commission voted Thursday to block Energy Future Holdings from selling its electric business Oncor to Florida-based NextEra. The regulator raised concerns that the $18.7 billion deal for the largest electricity transmitter in Texas was not in the public interest. For the full article in the DBJ, click here.
Dallas AT&T Lawyers and Weil Work on $1.6B Straight Path Acquisition
A group of AT&T lawyers spearheaded the telecom giant’s $1.6 billion acquisition of Straight Path Communications that was announced earlier this week.
Dallas AT&T Lawyers and Weil Work on $1.6B Straight Path Acquisition
A group of AT&T lawyers spearheaded the telecom giant’s $1.6 billion acquisition of Straight Path Communications that was announced earlier this week.
King & Spalding Advises on Sojitz’s First U.S. Power Plant Investment
A group of Houston King & Spalding lawyers said Wednesday that they advised the Japanese Sojitz Corp. in its acquisition of a 33 percent equity stake in the Birdsboro Power Plant, a Philadelphia-area natural gas-fired combined-cycle power generating facility near the Marcellus Shale.
King & Spalding Advises on Sojitz’s First U.S. Power Plant Investment
A group of Houston King & Spalding lawyers said Wednesday that they advised the Japanese Sojitz Corp. in its acquisition of a 33 percent equity stake in the Birdsboro Power Plant, a Philadelphia-area natural gas-fired combined-cycle power generating facility near the Marcellus Shale.
Corporate Deal Tracker: Mid-Sized, Private Deals Take the Cake in Deal Volume
This latest installment in the 2016 Corporate Deal Tracker series breaks down the value range that most Texas-based lawyers’ M&A work fell under. It also reveals which law firms did the most small deals, mid-sized deals, and bonus: who did the most deals with confidential values.
Andrews Kurth Kenyon, Latham and V&E Advise on Hess Midstream IPO
Houston Lawyers at Latham & Watkins, Andrews Kurth Kenyon and Vinson & Elkins likely had no case of the Monday blues after closing an initial public offering that they initially filed nearly three years ago. It wasn’t just any IPO either; it was for Houston-based Hess Midstream Partners, the only midstream master limited partnership besides Noble Midstream Partners to successfully close an IPO since 2015, and only one of three MLP IPOs in general to close in the past year. (The other was Kimbell Royalty Partners, a mineral and royalty interest-focused company that closed an IPO in January).
Andrews Kurth Kenyon, Latham and V&E Advise on Hess Midstream IPO
Houston Lawyers at Latham & Watkins, Andrews Kurth Kenyon and Vinson & Elkins likely had no case of the Monday blues after closing an initial public offering that they initially filed nearly three years ago. It wasn’t just any IPO either; it was for Houston-based Hess Midstream Partners, the only midstream master limited partnership besides Noble Midstream Partners to successfully close an IPO since 2015, and only one of three MLP IPOs in general to close in the past year. (The other was Kimbell Royalty Partners, a mineral and royalty interest-focused company that closed an IPO in January).
Andrews Kurth Kenyon, Simpson Thacher Help NuStar Enter Permian for $1.5B
San Antonio-based NuStar Energy said Tuesday that it will set foot in West Texas’s lucrative Permian Basin by purchasing Dallas-based Navigator Energy Services for approximately $1.475 billion.