The energy sector is, and probably always will be, the leader in deals made in Texas. But don’t forget about technology. Tech is the third largest business sector for deals in Texas, and its influence is growing. The Lawbook’s Claire Poole has the tech deal numbers along with last week’s overall dealmaking.
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Former HUD Assistant Secretary for Community Planning and Development Rejoins Locke Lord
In that role, Rackleff oversaw approximately $7.9 billion in funding for affordable housing, economic development, revitalization and serving the nation’s homeless population and managed $35 billion in long-term disaster recovery funding following the devastation caused by Hurricanes Harvey, Irma and Maria.
Private Equity Pro Richard Frye Returns to Weil as Partner
Frye was an associate at Weil before practicing for the last two years at Winston & Strawn.
Johnston Tobey Baruch Scores $5M Settlement Against San Antonio Firm
Texas-based 1776 Energy Partners has settled for nearly $5 million a legal malpractice claim against a San Antonio law firm after one of its lawyers botched a lawsuit so badly that they were forced to settle as defendants a suit the company had pursued as the plaintiff.
Laura Benitez Geisler Elected DBA President
Geisler will be the first Hispanic member to serve in the DBA’s top leadership role.
Jackson Walker Signs Houston Litigation Partner Dawn Holiday
Holiday, who was formerly at Steptoe & Johnson, handles employment, commercial, personal injury, professional liability and workers’ compensation matters.
Spencer Fane Adds Real Estate Partner to Collin County Office
John Bloomer was previously at Scheef & Stone.
Porter Hedges Partner Joyce Soliman Named Texas Bar Foundation Fellow
Soliman leads the Houston firm’s finance section and is chair of its diversity committee.
SCOTX To Decide Fate of $8M Jury Verdict For Astros Owner
When Houston Astros owner Jim Crane and another investor bought a new aircraft for $19.85 million in 2010, they apparently expected it to be…well, new. When they discovered two years later it had been equipped with a used left engine with a troubled history, they sued. Now the SCOTX is weighing whether the evidence supports their $8M verdict.
GC Ryder Leads Nexstar’s $6.4B Purchase of Tribune Media
Irving-based Nexstar Media Group Inc. will become the largest owner of local TV stations in the U.S. after its $6.4 billion acquisition of Tribune Media Co. announced Monday. The Lawbook’s Claire Poole discussed the deal with Nexstar GC Elizabeth Ryder who led the transaction.