A take-nothing arbitration ordered by the Texas Supreme Court effectively ends 10 years of litigation over a storm-damaged condominium project on South Padre Island. The dispute, over insurance coverage after Hurricane Dolly, saw an endorsement of oft-cited arbitration waiver rules. The Texas Lawbook fully explains.
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Hunton Andrews Kurth Officially Announced
The long-expected merger between Virginia-based Hunton & Williams and Andrews Kurth Kenyon was announced publicly Wednesday. The combined firm will be called Hunton Andrews Kurth.
Updated – Former International Trade Practice Leaders at Gardere Jump to Akerman
Michelle Schulz and Elsa Manzanares have joined Akerman with three additional team members from their Gardere practice.
Houston Bar Foundation Announces New Chair
Barrett Reasoner is a partner at Gibbs & Bruns.
National Trial Lawyers Names Mark Lanier President
The National Trial Lawyers honored Lanier with its “Trial Lawyer of the Year” award in 2016 and 2017.
ERISA Expert Leaves Big Law for Scheef & Stone
Jim Griffin says the idea for a “lifestyle change” entered his mind after he reached his 30th anniversary at Jackson Walker a couple of years ago.
Mergermarket: Texas M&A Dealmaking Evolves Over a Decade
Exclusive new data examining mergers and acquisitions during the past eight years involving Texas-based companies shows that a dramatic shift has taken place in the corporate legal marketplace. Mergermarket shows that 28 of the 40 law firms advising Texas businesses in the most M&A deals from 2010 to 2017 are based outside Texas.
Corp. Deal Tracker Weekly Round-Up: 14 Firms and 111 Texas Lawyers Advise on 15 Transactions Worth $5.5B
Transactions were all over the map last week involving a major acquisition by a chemical giant, a major oil and gas purchase by a company in pre-packaged bankruptcy, capital funding for a medical device manufacturer and a merger by two companies in the infrastructure business just as the Trump administration announced plans to pump $200 billion into public works projects. Claire Poole has deal details and weekly totals in her CDT Weekly Roundup in The Texas Lawbook.
Winston & Strawn Bolsters Energy Litigation Practice in Houston
Hugh Tanner and Denise Scofield jumped to Winston from Morgan Lewis & Bockius, where Tanner led the Houston office and chaired the firm’s oil and gas litigation group.
Analysis: Texas Corporate Law Market Sees Massive Shake-Up & Realignment of M&A Practice
The Texas corporate legal market is experiencing extraordinary turmoil in 2018 – and the year is only six weeks old. Three large Texas-based corporate law firms are in the final stages of merger negotiations with out-of-state law firms. Five national law firms have either opened or are opening new offices in the state before the end of March. Since Jan. 1, more than 100 business lawyers have quit the law firms in Austin, Dallas and Houston where they have worked for years or even decades to join competitors.
The Texas legal market, which has been a hotbed of activity since 2010, is in the midst of a frenzied transformation not witnessed in decades. The Texas Lawbook has details.