The SEC has created a special committee to study possible new regulatory improvements in the world of corporate bond and municipal securities markets and SMU finance professor Kumar Venkataraman is one of the 23 members.
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Five TX Firms Get Perfect Scores in LGBTQ Report
The Human Rights Campaign Foundation announced Thursday that five Texas-based law firms garnered top honors in the organization’s 2018 Corporate Equality Index for advancing policies regarding lesbian, gay, bisexual, transgender and queer rights.
SCOTX Hears The Case of The Duplicate Lease
When Orca Assets signed for six leases in the Eagle Ford Shale play, they had no idea the property had already been leased to someone else. But when the trustee tried to return their $3.2 million, Orca decided it was owed $400 million for the profits it lost. SCOTX heard their argument this week and Janet Elliott was there for The Texas Lawbook.
Digital Health and Telemedicine
The digital health market is expected to exceed $200 billion by 2020. Many companies and startups looking for a share of this market are headquartered right here in Texas. This article from lawyers at Jones Day looks at the legal and regulatory issues facing these emerging technologies.
Corp. Deal Tracker Weekly Round-Up: 17 Firms, 91 Lawyers, 15 Transactions, $2.38B
Deal activity last week was slower and lower than the week previous. There were 15 deals at reported value of $2.38 billion, about half the value of deals reported the week before. Claire Poole has the details in The Texas Lawbook.
Cowboys GC and Four Firms Lead Jerry Jones’ E-sports Acquisition
Dallas Cowboys owner Jerry Jones and Crescent owner Jason Goff turned to Cowboys GC Jason Cohen and assistant GC Kaleisha Stuart to lead a legal team that included lawyers from Winstead, O’Melveny, McCathern and Crain Caton to advise in this week’s acquisition of e-sports team Complexity Gaming.
After 6.5 Years, Judge Godbey Ends The Rudolf Suter Saga. Maybe.
He served 11 months of jail time and is about to be deported from the U.S. But goshdarnit, at least Swiss businessman Rudolf Suter has avoided paying the bulk of a $2 million civil judgment issued against him more than six years ago.
Husch Blackwell Advises Dairy Queen Franchisee in Bankruptcy
Irving-based Dairy Queen franchisee Vasari has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. Varasi, which is closing 19 operations in Texas, turned to Husch Blackwell partner Vickie L. Driver and senior counsel Christina W. Stephenson as its restructuring advisers.
Houston Financial Adviser Pleads Guilty to Mail Fraud
U.S. District Judge Marcia A. Crone sentenced investment adviser Lawrence Allen DeShetler of The Woodlands to five years in prison for fleecing clients of $1.9 million. The Houston Chronicle has all the details.
Non-Lawyers Grow More Powerful in Texas Law Firms
Non-lawyer professionals are having a profound effect on the operational and strategic management of top law firms everywhere. Long regarded as an Old School market, Texas had been slow to gravitate toward this evolution. But new competitive realities have taken hold in the Lone Star State and Texas firms are changing the ways they do business at an increasingly rapid pace. Claire Poole has the story in The Texas Lawbook.