The two-year feud between Hayman Capital Management hedge fund manager Kyle Bass and United Development Funding erupted publicly last week when UDF filed an explosive lawsuit accusing Bass and Hayman of illegally spreading false information about the Grapevine-based real estate development lender in an effort to destroy its business and reap financial gain by short-selling UDF stocks.
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Locke Lord’s Steve Jacobs Advises Brookfield on $855M Houston Center Purchase from J.P. Morgan Asset Management
Locke Lord partner Steve Jacobs snagged a big real estate deal this week, serving as local counsel for Brookfield Property Partners on its purchase of the Houston Center office-and-retail complex downtown from J.P. Morgan Asset Management.
Louisiana Firm Opens First Texas Office in Houston
Baton Rouge-based Kean Miller announced it has combined with the Houston law firm Ogden Broocks & Hall.
Corp. Deal Tracker Weekly Round-up: 6 Firms, 31 Lawyers, 6 Transactions, $1.8B, and a Dull Week for Texas Deal-Makers
Deals involving Royal Dutch Shell and Austin-based Bazaarvoice brightened an otherwise dull $1.8 billion week in Texas deal-making. Claire Poole has the names and the numbers behind the deals in The Texas Lawbook.
Houston is Center of Int’l Business Corruption Probes
Houston businesses last year accounted for seven, or about one-fourth of the 26 cases brought by the Justice Department under the Foreign Corrupt Practices Act. Over the past decade, Houston federal court has become one of the busiest in the nation for cases involving foreign bribery cases in large part because of the concentration of energy companies that do business around the world. The Houston Chronicle has an in-depth report.
Bracewell Partner Jarvis Hollingsworth Appointed to Chair TRS Board of Trustees
Hollingsworth, a member of Bracewell’s management committee, will chair the TRS board through August 2023.
Weil Promotes Two Dallas Lawyers to Partner
David Gail and Benton Lewis are in the firm’s private equity and banking and finance groups, respectively.
Former DART GC Hyattye Simmons Named Lamar University Distinguished Alumnus
Lamar has created a scholarship in Simmons’ name.
Holland & Knight Signs Energy Duo in Austin
Todd Kimbrough and Dane McKaughan both lateraled from Greenberg Traurig.
SMU Dedman Announces Emerging Leader Board
The 32 members of the board have graduated from SMU Dedman in the past 20 years and are employed across the country.