The sale preempts Goodnight’s plans to go public, although Bloomberg reported in November that Tailwater was also looking at a possible sale of the company that would value it at $2 billion.
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CDT Roundup: 9 Deals, 6 Law firms, 49 Texas Lawyers, $1.8B
On the eve of SXSW, it seems like a good time to explore the venture capital business in Texas, especially since some major firms are using the festival’s venues in Austin to court some of the emerging VC stars. The Lawbook’s Claire Poole takes a look at some of the names to look for, along with her weekly chronicle of Texas-inflected transactions.
Trump Nominates Justice Brown, Brantley Starr for Federal Judgeships
No president in U.S. history is having as much impact on the federal courts in Texas as President Trump. On Friday, President Trump nominated Texas Supreme Court Justice Jeff Brown and Texas Deputy First Assistant Attorney General Brantley Starr to the district court bench. The Texas Lawbook has details.
Updated – Bill Powers, a Lion of the Texas Bar, Remembered
Bill Powers served three years in the Navy and taught jurisprudence and legal process to thousands of students over three decades. He was dean of the UT School of Law for five years and president of UT for a decade. Powers, 72, died Sunday morning from complications from a fall he experienced in September. The Texas Lawbook looks at Powers’ career.
Houston Appellate Pro Departs Boutique He Co-Founded
Roger Townsend and Austin lawyer Dana Livingston have left Alexander Dubose Jefferson & Townsend for Cokinos Young.
The State of Business Law in Texas
The Texas Lawbook is conducting its annual survey of Texas law firms to gauge economic trends in the business law community. The deadline is March 15.
Energy Litigation Group Bolts to McKool Smith
A trio of Houston energy litigators led by William D. Wood have left Norton Rose Fulbright for McKool Smith.
Report: Pier 1 lenders have retained legal counsel
Several Pier 1 lenders have retained legal counsel in anticipation of a coming overhaul as the home furnishings retailer’s earnings continue to plummet, Retail Dive reported, citing a report from Debtwire. This article from the Dallas Business Journal has more details.
CDT Roundup: 20 Deals, 16 Law firms, 105 Texas Lawyers, $3.03B
Year-to-date, there have been 136 deals valued at $42.58 billion – about the same number of transactions at this time last year but 46 percent less in terms of value ($78.8 billion). Capital markets activity continued to build this past week, with six transactions valued at $1.262 billion versus 14 M&A/private equity/venture capital deals worth $1.771 billion. Texas Lawbook Senior M&A Writer Claire Poole has the inside details.
How to Build a Top-Flight Law Firm Newsletter
An email newsletter is an effective and inexpensive way to showcase your firm’s expertise and to stay top-of-mind with the people most likely to send work your way. Amy Boardman Hunt of Muse Communications addresses some of the practical and rule-compliance issues to consider before you hit “send.”