Dallas entrepreneur and philanthropist Sam Wyly and his sister-in-law Dee Wyly have asked the federal appeals court to reverse a ruling by a bankruptcy judge that found that the Wylys committed tax fraud and levied nearly $2 billion in tax judgments against the duo. The Texas Lawbook has the details.
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Texas Lawyers: Vote for Chad Baruch for State Bar President
The run-off election for president-elect of the State Bar of Texas is one of the most important in recent history and lawyers have a real opportunity to make a difference with their vote. My partner, Chad Baruch, is the best choice. In this article, I show why, including his plans to help lawyers address the increasing challenges to profitability presented by non-lawyer providers of legal services.
Willis & Sellers Keep ‘Legal Issues from Distracting’ the Business of Interstate Batteries
Dallas-based Interstate Batteries CLO Chris Willis and GC Kelvin Sellers have been busy during the past two years. They opened operations in China and acquired a 19 percent ownership in a firm that recycles lead acid batteries, while also maintaining the company’s sponsorship of NASCAR driver Kyle Busch and the Joe Gibbs Racing team.
“We work hard to keep legal matters from distracting the business,” Willis says. This article peaks inside the legal department at Interstate.
Willis & Sellers Keep ‘Legal Issues from Distracting’ the Business of Interstate Batteries
Dallas-based Interstate Batteries CLO Chris Willis and GC Kelvin Sellers have been busy during the past two years. They opened operations in China and acquired a 19 percent ownership in a firm that recycles lead acid batteries, while also maintaining the company’s sponsorship of NASCAR driver Kyle Busch and the Joe Gibbs Racing team.
“We work hard to keep legal matters from distracting the business,” Willis says. This article peaks inside the legal department at Interstate.
Texas GCs: The Billable Hour is Alive & Well
The death of the billable hour has been predicted for two decades. Skyrocketing rates often exceeding $1,200 an hour are causing corporate GCs to revisit alternative fee agreements again. But a new Texas Lawbook survey of 46 general counsel shows companies are hesitant to abandon the billable hour.
V&E Handles New Warburg Pincus Portfolio’s First Asset Acquisition
Fort Worth-based Chisolm, which formed this month, on Monday acquired a substantial amount of undeveloped acreage in the New Mexico region of the Delaware Basin from an undisclosed seller. More specifically, the acreage is located in the Bone Spring and Wolfcamp formations.
V&E Handles New Warburg Pincus Portfolio’s First Asset Acquisition
Fort Worth-based Chisolm, which formed this month, on Monday acquired a substantial amount of undeveloped acreage in the New Mexico region of the Delaware Basin from an undisclosed seller. More specifically, the acreage is located in the Bone Spring and Wolfcamp formations.
ACC-DFW & The Texas Lawbook Partner on Official Best Corporate Counsel Awards of 2017
The Dallas-Fort Worth chapter of the Association of Corporate Counsel announced Monday that it is officially partnering with The Texas Lawbook for the annual Best Corporate Counsel Awards of 2017. Each year, the ACC-DFW Chapter honors corporate in-house lawyers for their exceptional work and successes during the previous year.
“By teaming with The Texas Lawbook, we are taking the event to an all new level,” says ACC-DFW 1st Vice President David Kilpatrick, who is GC at EnvironX Solutions. Read for full details.
ACC-DFW & The Texas Lawbook Partner on Official Best Corporate Counsel Awards of 2017
The Dallas-Fort Worth chapter of the Association of Corporate Counsel announced Monday that it is officially partnering with The Texas Lawbook for the annual Best Corporate Counsel Awards of 2017. Each year, the ACC-DFW Chapter honors corporate in-house lawyers for their exceptional work and successes during the previous year.
“By teaming with The Texas Lawbook, we are taking the event to an all new level,” says ACC-DFW 1st Vice President David Kilpatrick, who is GC at EnvironX Solutions. Read for full details.
Patent Lit is AT&T Legal Team’s Specialty
Facing a mountain of patent infringement lawsuits, AT&T GC David McAtee created a specialized five lawyer group within the corporate legal department focusing exclusively on patent infringement litigation. The mission was twofold: enhance the ability to defend the company and reduce the attractiveness of AT&T as a target of frivolous lawsuits. The team is witnessing results, including overcoming the hesitancy of outside counsel to work so closely with the in-house team.
“An outside lawyer who doesn’t welcome this won’t remain our outside lawyer for very long,” says AT&T Assc. GC Neal Berinhout.