Private equity-related M&A activity in the middle market – transactions valued at $10 million to $250 million – remains strong, with debt available to support deals and valuations climbing for
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Judge Kinkeade Cuts Half-Billion-Dollar Jury Verdict against Oculus/Facebook by 50%
U.S. District Judge Ed Kinkeade Wednesday refused to set aside last year’s verdict against Facebook and its virtual reality subsidiary Oculus, but he slashed in half the Dallas jury’s $500 million award to video game company ZeniMax Media. Both sides are expected to appeal. The Texas Lawbook has the story.
Law Firms Pledge Lawyers, Resources for Families at the Texas Border
Thirty-four large corporate law firms – half of them with offices in Texas and two firms based in Texas – have signed a pledge to provide legal support and resources for immigrant families who are separated from their children when crossing the border to seek asylum.
Sabine Saga: 2nd Circuit Upholds Rejection, Cites Approach that Could Broadly Undercut Texas Gathering Agreements
The 2nd Circuit decision emphatically declares that horizontal privity continues to apply under Texas law. Accordingly, unless the May 28th decision is reconsidered or otherwise overturned, virtually all existing gathering dedications in Texas are potentially at risk under the 2nd Circuit’s reasoning.
Locke Lord Partner Brad Weber Named Chair-Elect of Antitrust and Business Litigation Section of State Bar
Weber will step into the chair role in June 2019.
Appeals Court Reverses Right of First Refusal Mineral Rights Issue
A Texarkana appeals court has issued an opinion that favors a Dallas E&P company in a mineral rights dispute in East Texas and provides clarity on right of first refusal clauses in oil and gas leases.
Prominent V&E Attorney Under Criminal Investigation Involving May 10 Boating Accident; Lawyer Denies Wrongdoing
Travis County prosecutors are apparently investigating whether a prominent transactional attorney for Vinson & Elkins broke the law May 10 when he left the scene of a boating accident on Austin’s Lake Travis.
From Coffee High Protein Almond Mocha to Complex Franchise Agreements, Michael Sukenik is the Right Blend as Smoothie King’s New GC
Michael Sukenik spent a week behind the counter at Smoothie King making Slim-N-Trim Orange Vanilla and Pure Recharge Mango Strawberry shakes. He took orders, blended, washed and stocked shelves – a requirement for all new Smoothie King execs. Nearly three months on the job as GC, Sukenik tells The Texas Lawbook in an exclusive interview that he’s tackling issues related to the headquarters relocation to Dallas, getting to know the C-team, trying to hire a lawyer for his legal department, re-evaluating our outside legal support and talking with a few Texas law firms.
‘The Art of War’ – Time-Tested Advice on Corporate Crisis PR Strategy, Litigation
This article applies Sun Tzu’s principles to the modern era of public relations during corporate crises and addresses a more powerful weapon: the media.
SEC Levies New Charges, Seeks Additional Penalties against Texas Energy Fund Execs
The U.S. Securities and Exchange Commission filed new charges against seven executives of Grapevine-based Texas Energy Mutual involved in a $10 million oil and gas Ponzi scheme between 2013 and 2016 that defrauded hundreds of investors in several states.