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Judge Slams Rowdy Girl Farm Owners for Frivolous Lawsuit
A Houston judge has ruled that a $1 million defamation lawsuit filed by the self-proclaimed Queen of Honky Tonk and her husband against a former supporter of their Angleton pro-animal rights farm is frivolous and awarded the couple to pay $57,000 in lawyer fees and penalties to the defendant.
Gibson Dunn Advises in $205M Eagle Ford Deal
Houston-based Penn Virginia Corp. said Monday that it will acquire Eagle Ford Shale assets from Devon Energy Corp. for $205 million in cash. The deal is part of a $1 billion divestiture program that Devon recently announced.
Boutique Investment Banks Making Inroads Among the Top Dealmakers in Texas
The bulge-bracket banks that normally rank at the top of the financial adviser league tables nationally are getting some new and fierce competition in the Lone Star State. The Texas Lawbook has exclusive Mergermarket data with the top 30 financial advisers involved in Texas-based M&A.
Power Market and Associations in Mexico: Synergies in Energies
Synergies, alliances and collaborative arrangements are likely to become the name of the game in Mexico’s power market as a result of new market rules, facts and business structure for the power, transmission and renewable sectors in Mexico.
Reata Pharmaceuticals Taps V&E for Public Offering
Reata Pharmaceuticals CLO Mike Wortley has turned to his old law firm, Vinson & Elkins, as its legal adviser handling its underwritten public offering of 3.25 million shares, which is expected to raise more than $100 million for the Irving company.
SEC Names Jessica Magee as FWRO Head of Enforcement
The U.S. Securities and Exchange Commission Wednesday named Jessica Magee, a tough-mind prosecutor, to become the agency’s new associate director of enforcement in its Fort Worth Regional Office. The Texas Lawbook has the details.
Analysis: SCOTUS Reins in Litigation Tourism and the Reach of Personal Jurisdiction
In a decision that will likely have a huge impact on mass tort and products liability litigation, the Supreme Court held in Bristol-Myers Squibb Co. v. Superior Court of California that California courts did not have the power to decide claims against the drugmaker by non-residents whose injuries were not related to conduct that occurred within the state. Experts at Thompson & Knight believe the decision will significantly restrict litigation tourism while giving companies a powerful means to challenge personal jurisdiction.
Baker Botts, Vinson & Elkins Advise on QEP Transaction That Was in Doubt
Some thought QEP’s $740 million divestiture deal might not happen. But lawyers in Dallas, Houston and Austin saw it through. Details are in The Texas Lawbook.
Baker Botts Names Van Beckwith Chair of Litigation Department
Beckwith is also a member of the firm’s executive committee.