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Texas business bankruptcies jumped significantly in 2015, but lawyers and financial experts say last year’s increase is nothing compared to the tidal wave of corporate failures headed this way. Forty-eight oil and gas service companies and exploration and production companies filed for bankruptcy during the past 13 months, according to a report by Haynes and Boone.

Eighteen prominent bankruptcy experts interviewed by The Texas Lawbook say they expect the number of oil and gas companies in Texas that file for bankruptcy in 2016 to double and that those bankruptcies will cause a domino effect that will spread to other business sectors. The Texas Lawbook provides an in-depth analysis.

Justice Scalia believed that words matter. Words of the Constitution matter. The framers chose them, the Congress endorsed them, and the states ratified them. They were discussed and debated in communities and through the media across the country. Those words, we decided, are what the government should be. Words matter.

Houston-based Terra Energy Partners has agreed to purchase Tulsa-based WPX Energy’s Colorado subsidiary, WPX Energy Rocky Mountain, for $910 million in cash.

A Houston jury on Wednesday awarded $53 million to the family of a construction worker from Irving who died in late 2013 while working on renovations for Texas A&M University’s football stadium, Kyle Field.

A Houston jury on Wednesday awarded $53 million to the family of a construction worker from Irving who died in late 2013 while working on renovations for Texas A&M University’s football stadium, Kyle Field.

The Houston-based law firm has dominated M&A charts for law firms representing Texas-based businesses for as long as such accounting as taken place, thanks to its strength in advising clients in the energy sector.