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A former FBI agent who led the U.S. security operations of Shell Oil Co. has sued the oil giant after his superiors refused to hire a security advise because the man was allegedly too old and the wrong gender. But now the litigation is testing the limits of employee confidentiality agreements.

A former FBI agent who led the U.S. security operations of Shell Oil Co. has sued the oil giant after his superiors refused to hire a security advise because the man was allegedly too old and the wrong gender. But now the litigation is testing the limits of employee confidentiality agreements.

7-Eleven Slurpee lovers likely rejoiced this morning after learning the Irving company will purchase most of Sunoco’s convenience stores for $3.3 billion. The deal, which will bring the frozen drink to more locations in 18 states primarily along the East Coast and Texas, launches an effort by Sunoco to divest a bulk of its convenience stores so the Dallas-based master limited partnership can focus on its fuel supply business.

A group of Austin and Houston lawyers from Baker Botts and Bracewell advised on Tallgrass Energy Partners’ $400 million purchase of a 25 percent ownership interest in the Rockies Express Pipeline from Tallgrass Development. 

A $2.4 billion agreement with the Lehman Brothers bankruptcy over the valuation of mortgage-backed securities is the latest in a string of such pacts negotiated by Houston-based Gibbs & Bruns. The deal takes the massive bankruptcy, now eight-and-a-half years old and counting, one small step toward resolution. It also burnishes the reputation of the Houston litigation boutique as a go-to firm for mortgage-backed securities claims. Here are details of the latest deal.