The deal spigot was full-blast this past week, with 16 transactions announced worth $68.6 billion – a weekly record for the year. Eleven law firms and 106 lawyers in Texas were involved.
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State Bar Honored by ABA for Access-to-Justice Programs
The State Bar of Texas was recently honored with the 2018 Harrison Tweed Award at the American Bar Association’s Annual Meeting in Chicago for its efforts to provide and expand the availability of legal services to the poor.
DBA Wins ABA Partnership Award
The ABA Standing Committee on Bar Activities and Services honored the DBA, the New Jersey State Bar Association and the New York City Bar Association for their efforts to increase the participation and advancement of lawyers from underrepresented backgrounds.
Baylor Law Adds Jay Rao to Faculty
Most recently, Rao was serving as an adjunct professor of law at UNT Dallas College of Law while also representing two start-up ventures.
V&E, Gibson Dunn aid on First Reserve’s Deep Gulf Energy sale to Kosmos for $1.225B
Private equity firm First Reserve said Monday it agreed to sell Deep Gulf Energy Cos. to publicly traded Kosmos Energy for $1.225 billion, signifying the buyer’s entry into the Gulf of Mexico. Claire Poole has the rundown.
Texas IPO Activity 2017-18: The Return of Oilfield Services and the Rise of the SPAC
By Ramey Layne of Vinson & Elkins (Aug. 6) – In 2017 and the first half of 2018, 32 IPOs of Texas headquartered companies were completed, raising approximately $9.7 billion
‘No Easy Day’ Case Settles
A legal malpractice lawsuit between the former Navy SEAL who wrote No Easy Day and an Indiana lawyer settled late last week.
Marc Kesselman Settling in as GC at Purdue Pharma
(Aug. 6) – Purdue Pharma needed a new chief legal officer to lead the privately held drug maker through a mountain of litigation it faces over the opioid crisis. Lawyers
Appeals Court Revives Dallas Probate Case Over Alleged Judge/Attorney Misconduct
(Aug. 6) – A $100 million business divorce case in which a Dallas probate judge is accused of having a secret relationship with an attorney in the case is headed
SEC Closes Climate Change Probe into ExxonMobil
(Aug. 3) – The U.S. Securities and Exchange Commission has ended its two-year inquiry into ExxonMobil and how the oil giant factors climate change into the valuation of its corporate