The combined companies will operate under Sonida, which will continue to be traded on the NYSE. Acquisition of the non-traded REIT and its more than 7,500 senior living units, creates the eighth largest owner of senior living assets in the nation. Outside legal counsel included Fried Frank, Sidley Austin and Arnold & Porter.
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Zachry Legal Team ‘Gets to Yes Without Compromising Legal Integrity’
San Antonio trial lawyer Jay Old scored major courtroom successes in his 38-year career but the biggest hits have come in 2024 and 2025 when he and his legal team helped guide Zachry through a turbulent period of extraordinary challenge, including leading the energy services company to a transformational corporate restructuring. In addition, Old and his team of six attorneys and 17 other professionals this year negotiated an historic engineering, procurement and construction contract with Duke Energy for a natural gas power plant in North Carolina and separately signed a memorandum of understanding with Hyundai Engineering and Construction that created a partnership focused on nuclear power construction.
Citing the Zachry legal team’s achievements in 2024 and 2025, the Association of Corporate Counsel’s San Antonio Chapter and The Lawbook are awarding the 2025 San Antonio Corporate Counsel Award for Corporate Legal Department of the Year.
Premium Subscriber Q&A: Jay Old
Texas Lawbook: Tell us about your Team. Jay Old: A: Our legal department comprises seven lawyers and three staff members, which is relatively small for our company’s revenue size. Consequently, we
Ovintiv Acquires Canada’s NuVista Energy for $2.7B
Gibson Dunn, Paul Weiss and Vinson & Elkins were among the firms advising on the deal that complements Ovintiv’s assets on both sides of the border; in the Permian as well as Canada’s Montney Basin in northwestern Alberta and beyond.
TX GC Forum Names New CEO
The Texas General Counsel Forum has hired Kristin Hays, a former executive at Sabre, LaQuinta Inns and JCPenney, as its new chief executive officer.
Houston Energy M&A Partner Returns to V&E
Vinson & Elkins has hired Houston energy M&A partner Chris Bennett. He is returning to V&E after a couple of years as a partner at Weil.
VSP Visions’ Two Lisas and Their Historic Constitutional Fifth Circuit Win
Lisa Fields and Lisa Hill, top corporate counsel at VSP Vision, faced a critical legal and business decision in 2023 that would have a monumental impact on the future of their companies. A new Texas law posed an existential threat to their business. Fields and Hill recognized that suing the state of Texas to block the law would be extremely expensive. “We knew we had to take a direct attack, and we knew it would be a bold move to sue the state. And we knew we had to make a statement that we would not have our constitutional rights trampled,” Fields told The Texas Lawbook.
On May 23, Hill and Fields received an email at 10:43 a.m. from Dykema partner Christopher Kratovil. The subject line: “Good news from New Orleans.” A three-judge panel of the Fifth Circuit had unanimously awarded Visionworks a complete victory. The Association of Corporate Counsel’s San Antonio Chapter and The Lawbook are honoring Fields, Hill and the litigation team at Dykema with the 2025 San Antonio Corporate Counsel Award for Business Litigation of the Year.
Premium Subscriber Q&A: Lisa Fields and Lisa Hill
Fields and Hill identify common missteps for outside counsel and highlight “standout days” at VSP.
Litigation Roundup: Samsung Hit with $191M Verdict in EDTX
In this edition of Litigation Roundup, a former chief justice of the Texas Supreme Court files an amicus brief in the case where the governor is attempting to remove from office a Democrat who broke quorum in an attempt to block redistricting efforts, and a panel of the Fifth Circuit Court of Appeals wades into a circuit split involving the National Labor Relations Board’s ability to award full compensatory damages.
Competing Bills Governing College Sports Draw Unlikely Backers and Familiar Battle Lines
The ever-changing landscape of college sports left many yearning for stability. To get it, some have turned to Congress. Federal legislation could provide uniformity and finality, ending the patchwork of state regulations and settling college athletics on a fixed framework. And, depending on who you ask, it could provide an antitrust waiver — removing the gavel that has struck down a litany of NCAA rules (and empowered student athletes in the process).
But, as with all things involving Congress, there is disagreement on what that legislation should entail. The debate has pitted institutional NCAA interests against athletes’ rights groups, created unlikely bed fellows, and tested the influence of a prominent West Texas billionaire with the ear of the President.