Houston-based Indigo Minerals said Thursday that it completed an equity capital raise worth $375 million that came from a group of new investors and existing investors that have backed Indigo since its 2006 inception.
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After Big Jury Verdict, Both Sides May Dislike Judge’s Latest Rulings
By Jeff Bounds Both a Plano chip business and a one-time suitor turned rival could be pardoned if they both felt some disappointment about a federal district judge’s rulings Tuesday
Deason and Koch Give $7 million to SMU Dedman Law for Criminal Justice Reform
Doug Deason, the son of ACS founder Darwin Deason, was 17 in 1979 when he held a party at a neighbor’s house while they were gone. Booze flowed. Music was loud. Cops were called. Deason was charged with felony burglary. A well-connected lawyer convinced prosecutors to reduce the charge to a misdemeanor, which was expunged a year later. Deason said a felony could have ruined his life.
On Tuesday, Deason donated $3.5 million to SMU Dedman School of Law to create a legal institute that conducts innovative research and educational outreach efforts designed to promote criminal justice reform. Charles Koch gave another $3.5 million for the effort. This article has full details.
Enterprise Products Names Hap Weitzel as GC
Houston-based Enterprise Products has named career commercial litigator Harry “Hap” Weitzel, a 1987 graduate of Texas Christian, as its general counsel, according to the company’s website. The oil and gas pipeline company also named Craig Murray, who served as the company’s GC for the past 15 months, as its new vice president of regulatory affairs.
Baker Botts Partner Travis Sales Named Chair-Elect of Houston Bar Foundation
Sales will begin his term leading the charitable arm of the Houston Bar Association in February 2017.
Former FleetPride GC Joins K&L Gates in Dallas
Jill Louis says her experience in-house helps her understand the pressures of being a GC and what it takes to be an enabler of business.
Former FleetPride GC Joins K&L Gates in Dallas
Jill Louis says her experience in-house helps her understand the pressures of being a GC and what it takes to be an enabler of business.
Texas Law Firm Used in International Cyberattack
Thousands of individuals and businesses across the globe received an email from Texas lawyer James T. Shelton with information about a subpoena for information. No one from the law firm sent the email. Even worse, the email contained a virus with a malware payload that allows cybercriminals to “steal banking credentials and other personal information on a user’s system, ultimately allowing them to gain access to the financial records” of that user. This article has full details.
Texas Supreme Court Chips Away at Municipal Immunity for Discretionary Acts
The Supreme Court of Texas in two cases this month limited municipal immunity for cities engaged in discretionary activity. The court ruled in a third case that city officers must act within their legal authority for immunity to apply.
The unanimous decisions are expected to impact pending cases, including a $19 million gas lease fight between the City of Dallas and Trinity East Energy.
A Sluggish Start for the IPO Market in 2016
U.S. IPO activity in Q1 fell to its lowest level since the height of the financial crisis in 2009.