With major M&A activity reduced to a few blockbuster simplification transactions and IPOs all but dead, the consensus of those on the floor at CERAWeek is that management is leery of deals when major investors have no interest. “We’re going through a major period of adjustment,” says Credit Suisse banker Osmar Abib. The Lawbook’s Claire Poole reports.
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Meet Frank McElroy: Weaver’s New GC
McElroy is the first in-house lawyer and general counsel for the Texas accounting firm. At Weaver, McElroy will work on both the litigation and transactional side. In addition to managing the firm’s corporate needs, he’ll be active in the firm’s contract and acquisition negotiations, quality review teams and risk management.
Updated – Former Koch Companies Public Sector Chief Counsel of Litigation Jumps to Hogan Lovells in Houston
Jennifer Adams, the former chief counsel of litigation for Koch Companies Public Sector, has made the move back to private practice.
Quinn Emanuel Expands Bankruptcy Group with New Houston Partner
Patricia Tomasco, who was previously at Jackson Walker, has joined Quinn Emanuel in Houston.
Dallas Boutique Signs Bankruptcy Litigation Expert
Hedrick Kring has recruited former T&K partner Katharine Battai Clark to the firm.
Jackson Walker Adds Dallas Environmental Partner
Jonathan Bull, a former EPA attorney, has joined Jackson Walker’s Dallas office as a partner.
Beck Redden Partners Receive Texas Bar Foundation Award
David Beck and Alex B. Roberts have won the Texas Bar Foundation 2019 Outstanding Law Review Article Award.
Growing Feud Between Fifth Circuit Judges and Houston Trial Judges Shocks Legal Experts
Twice in two weeks, a Republican-appointed Fifth Circuit appellate judge directly dressed down a Houston trial court judge in opinion. But this time, the trial judge is fighting back. U.S. District Judge Keith Ellison and Judge Jerry Smith of the U.S. Court of Appeals for the Fifth Circuit have gotten into a nasty public feud that Texas legal experts describe as astonishing. The Lawbook has complete details.
Dallas Firm Files $3M Suit For Ex-KU Football Coach
Former University of Kansas head football coach David Beaty has hired Dallas law firm Deans & Lyons to pursue litigation against the school’s athletic department on claims that it owes him $3 million for having breached his employment contract. But KU says there’s much more to the story. Natalie Posgate has both sides.
Someone’s Missing at CERAWeek: Lawyers
Giant energy conference CERAWeek by IHS Markit is in full swing in Houston. About 5,000 are expected to attend. What there isn’t a lot of at the conference, however, is lawyers. Senior M&A writer Claire Poole is there and has the details.