At the third quarter of 2018, Houston-based Vinson & Elkins ranks No. 1 in the combined value of their M&A transactions for Texas businesses. But exclusive data provided to The Texas Lawbook by Mergermarket shows the next 10 are headquartered outside Texas. In fact, four of the top 10 don’t even have an office in the state. More inside.
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Texas Consumer Protection Division Assistant Attorneys General Receive Award
The Texas Attorney General’s Office announced on Friday that Rick Berlin and Stephanie Eberhardt have received the Rising Star award from the National Consumer Law Center.
Carrington Coleman Partner Appointed to Trinity River Authority Board
Cathy Altman, who will serve a six-year term, is one of five new directors to the 25-member board.
Beck Redden Partner Elected National Director of DRI
Thomas Ganucheau will serve a three-year term as national director.
Updated: Dallas Judge Preserves Bulk of $242M Verdict Against Toyota
Dallas District Judge Dale Tillery on Friday ordered Toyota Motor Corp. to pay a Dallas family $213 million – the bulk of a $242 million jury verdict from August that found the automaker liable for a 2016 rear-end accident that left two small children with permanent brain damage. Toyota says it will ask for a new trial. The Lawbook has the details.
Former UT Law Associate Dean Jumps to Jackson Walker
John Beckworth will focus his practice on energy law and domestic and international arbitration.
CDT Roundup: 13 Deals, 13 Law Firms, 126 Texas Lawyers, $6.14B
Texas dealmaking slowed a bit last week, but continued the recent brisk tempo. Don’t be surprised if there is a significant uptick in the making. The recently released Dykema survey reveals remarkable optimism for M&A activity in the coming year. The Lawbook’s Claire Poole explains.
Fifth Circuit Affirms Verdict in Favor of Saudi Prince
The U.S. Court of Appeals for the Fifth Circuit has affirmed a 2017 jury verdict that awarded $3 million to a member of the Saudi royal family in a breach of contract dispute. The ruling benefits Prince Mansour Bin Abdullah Al-Saud of the Kingdom of Saudi Arabia. Details here of the ruling.
Baker McKenzie Picks Up M&A Partner John Quattrocchi
Quattrocchi was previously at Weil.
‘Frack Master’ Faulkner Pleads Guilty to Bilking Millions from Investors
Breitling Energy CEO Christopher Faulkner – the self-proclaimed ‘frack master’ – admitted Tuesday in federal court documents that he spent tens-of-millions of dollars of investor money on booze, strippers and expensive cars. The Texas Lawbook has full details.