SandRidge Energy announced Wednesday that it has agreed to acquire Bonanza Creek Energy for $746 million. Both companies had emerged from bankruptcies filed last year. Claire Poole has details of the deal and the names of the lawyers who advised them.
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Appeals Court Permits Dallas Celeb Chef to Continue Using Name Pending Trial
Dallas celebrity chef Kent Rathbun, known by some in the restaurant industry as the “Chef With No Name,” can continue using his own name to promote his restaurants, but not to incite damage or detriment on his former business partner’s reputation, a Dallas appellate court upheld on Friday. The appeals ruling is tied to a bitter legal dispute that heads to trial next month.
Morgan Lewis Adds Healthcare Duo in Houston
Former BakerHostetler partners Susan Feigin Harris and Donna Clark represent hospitals, health systems and other medical providers in regulatory, transactional, litigation and government investigation matters.
Texas AG Charges Two Businesses with Hurricane Harvey Price Gouging
Texas officials sued two Big Willy’s in Dallas-Fort Worth and Tejano Mart in Laredo on Monday for allegedly charging customers excessive prices for gasoline – ranging from $4 to $10 a gallon – in the days before and after the storm hit South Texas.
Widow Fires Tony Buzbee, Who Then Sues for Tortious Interference
The family of a Katy man recently killed in a rig explosion near New Orleans fired Houston trial lawyer Tony Buzbee after he allegedly sued the wrong companies in the case. Buzbee then sued a Morrison family friend for interfering in the case and went to court to force Morrison’s family to pay his fee. The Houston Chronicle has the full details.
SEC Names SMU Prof to Corporate & Muni Bond Task Force
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.
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.