Los Angeles-based Sheppard Mullin, a 90-year-old law firm with more than 800 lawyers in 15 offices worldwide, is expected to announce in the couple weeks that it is opening an outpost in Dallas. The Texas Lawbook has learned that Sheppard Mullin will open its Texas operation with a mixture of lawyers that it is recruiting from existing Dallas law firms and lawyers it is relocating from other Sheppard Mullin offices.
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Texas Appeals Court Upholds $288M Ruling for Highland Capital v. Credit Suisse
The Dallas Court of Appeals Tuesday upheld a lower court ruling for Dallas investment firm Highland Capital Management to recover nearly $288 million from Swiss bank Credit Suisse for a real estate deal gone wrong in the run up to the 2008 financial crisis. This Dallas Business Journal report has the details.
Holland & Knight Adds Houston Litigation Partner
Anna Sankaran lateraled over from Greenberg Traurig.
Three Partners Depart Gruber Hail to Open New Shop
Three partners at the 20-lawyer Dallas trial boutique Gruber Hail Johansen Shank are leaving the law firm to start their own practice. Trey Crawford, Dave Wishnew and Michael Lang have launched their own litigation shop.
Massachusetts Heats up Fiduciary Rule Discussion with Cold-blooded Enforcement
When financial services firms offer their representatives special incentives related to a specific product or service, they often draw the attention of securities regulators. But Ronak Patel of Winstead argues that a recent action by the Massachusetts Securities Division signals a shift in enforcement strategy and that financial firms in Texas should take note.
Patent Board Allows McKool Client Challenge of Immunex
The U.S. Patent Trial and Appeal Board refused to deny a challenge by a French pharmaceutical to a patent held by Seattle-based Immunex. The ruling sets the stage for a full-scale challenge to a patent on drug treatment for allergies, rhinitis and other immune system problems. Natalie Posgate has the details in The Texas Lawbook.
Take-Nothing Arbitration Win Ends 10-year Hurricane Dolly Claim
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.
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.