The digital health market is expected to exceed $200 billion by 2020. Many companies and startups looking for a share of this market are headquartered right here in Texas. This article from lawyers at Jones Day looks at the legal and regulatory issues facing these emerging technologies.
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Corp. Deal Tracker Weekly Round-Up: 17 Firms, 91 Lawyers, 15 Transactions, $2.38B
Deal activity last week was slower and lower than the week previous. There were 15 deals at reported value of $2.38 billion, about half the value of deals reported the week before. Claire Poole has the details in The Texas Lawbook.
Cowboys GC and Four Firms Lead Jerry Jones’ E-sports Acquisition
Dallas Cowboys owner Jerry Jones and Crescent owner Jason Goff turned to Cowboys GC Jason Cohen and assistant GC Kaleisha Stuart to lead a legal team that included lawyers from Winstead, O’Melveny, McCathern and Crain Caton to advise in this week’s acquisition of e-sports team Complexity Gaming.
After 6.5 Years, Judge Godbey Ends The Rudolf Suter Saga. Maybe.
He served 11 months of jail time and is about to be deported from the U.S. But goshdarnit, at least Swiss businessman Rudolf Suter has avoided paying the bulk of a $2 million civil judgment issued against him more than six years ago.
Husch Blackwell Advises Dairy Queen Franchisee in Bankruptcy
Irving-based Dairy Queen franchisee Vasari has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. Varasi, which is closing 19 operations in Texas, turned to Husch Blackwell partner Vickie L. Driver and senior counsel Christina W. Stephenson as its restructuring advisers.
Houston Financial Adviser Pleads Guilty to Mail Fraud
U.S. District Judge Marcia A. Crone sentenced investment adviser Lawrence Allen DeShetler of The Woodlands to five years in prison for fleecing clients of $1.9 million. The Houston Chronicle has all the details.
Non-Lawyers Grow More Powerful in Texas Law Firms
Non-lawyer professionals are having a profound effect on the operational and strategic management of top law firms everywhere. Long regarded as an Old School market, Texas had been slow to gravitate toward this evolution. But new competitive realities have taken hold in the Lone Star State and Texas firms are changing the ways they do business at an increasingly rapid pace. Claire Poole has the story in The Texas Lawbook.
Corp. Deal Tracker Weekly Round-Up: 17 Firms, 94 Lawyers, 13 Transactions, $4.7B
Texas corporate dealmakers had another a brisk week. In addition to the $1.7 billion Vistra-Dynegy deal, there was activity in the food, financial services, chemicals, mining and waste industries, along with oil and gas. Claire Poole has the details in her weekly report.
Gibson Dunn, Locke Lord & Akin Gump Advise on $815M Midstream Deal
Houston-based American Midstream Partners assistant GC Tom Leslie, a former U.S. Army captain who served in Baghdad and Friedberg, Germany, worked with Gibson Dunn in the comany’s $815 million purchase of Southcross Energy Partners. Southcross GC Kelly Jameson of Dallas turned to Locke Lord as its legal adviser, while Akin Gump represented the Southcross conflicts committee.
SEC Charges, Settles Apache Engineer Insider Trading Case
The SEC has charged a former Apache Corp. petroleum engineer with insider trading. The SEC says
Christopher Lollar has settled allegations that he “traded on nonpublic information” by paying $435,809.50 in penalties and disgorgement.