Corporate legal departments have a common refrain: how do we get enough money to do the things we need to do to protect the company? A growing solution for many businesses is “litigation financing.” Like it or not, litigation financing is only going to become more prevalent. In-house counsel need to be able to provide guidance to the company and the senior management about whether it is something the company should explore further.
More Stories
In-House Counsel Forum Highlight Ways to Protect Clients in Government Investigations
UT Law’s Government Enforcement Institute announced Thursday that SEC FCPA Chief Kara Brockmeyer will highlight the line up for its late September program in Houston. Now in its third year, the Institute provides a collegial forum for in-house counsel to engage with peers and high-level current and former government officials from the SEC, DOJ, EPA and other agencies. It brings together distinguished faculty to discuss key issues and strategies for protecting companies and executives in government investigations and litigation.
Sidley and V&E Advise in $1.6B Concho-Reliance Deal
Sidley Austin and Vinson & Elkins lawyers said Monday that they advised Concho Resources and Reliance Energy in their agreement for Concho to purchase 40,000 acres in the Midland Basin from Reliance for $1.6 billion.
Sidley and V&E Advise in $1.6B Concho-Reliance Deal
Sidley Austin and Vinson & Elkins lawyers said Monday that they advised Concho Resources and Reliance Energy in their agreement for Concho to purchase 40,000 acres in the Midland Basin from Reliance for $1.6 billion.
HBA’s Juvenile Records Sealing Project Provides a Fresh Start
The Juvenile Records Sealing Project sealed its 200th juvenile record in Harris County in May. This program, which received the Outstanding Partnership Award from the State Bar of Texas in June, teams the justice system with the private sector and can help juveniles build a road to the future without being held back by the past.
Trial Lawyers Unite to Sanction Brewer in Jury Polling Case
Plaintiffs’ attorneys and corporate defense lawyers found a common bond Friday: they jointly believe that Dallas lawyer Bill Brewer should be sanctioned for improperly trying to influence jurors and claim the right to trial by jury is at stake. Three influential legal groups – the Texas Trial Lawyers Association, the Texas Association of Defense Counsel and the American Board of Trial Advocates – filed an unprecedented joint amicus brief Friday asking a state appeals court to uphold a trial judge’s ruling that Brewer committed misconduct for doing a so-called “push poll” weeks before his case was set to go to trial. Brewer is appealing the sanctions. The article has full details.
Key Energy Settles FCPA Charges for $5 million
The SEC announced Friday that Houston-based Key Energy Services is paying $5 million to settle charges that its Mexico operations violated the Foreign Corrupt Practices Act. The SEC’s Fort Worth Regional Office says Key Mexico made $229,000 in illegal payments to a contract employee at Pemex.
Dallas Firefighters Back Pay Trial Delayed… Again
The longest pending civil lawsuit in the state of Texas is going to go on quite a bit longer. One of the five lawsuits brought 22 years ago by Dallas firefighters and police officers for back pay was scheduled to start trial Monday, but lawyers for firefighters sought and received a delay until next year. The city of Dallas faces a $2 billion liability if the firefighters and police officers win.
Norton Rose Fulbright Lures Neel Lane and Insurance Litigation Team to San Antonio Office
Lane, who is joined by two senior associates from Akin Gump, says Norton Rose Fulbright’s legacy in litigation and relationships with British-based insurers presented too good an opportunity to pass up.
Dallas Lawyer Leads Global $429M Job Recruiting Deal
Dutch recruitment firm Radstad agreed this week to acquire Monster.com’s parent company for an enterprise value of $429 million, which includes $3.40 per share in cash.