The court ruled that Denver-based Catalyst Strategic Advisors is entitled to an advisory completion fee in connection with the sale of a Houston building supply company. The court determined that the “procuring-cause doctrine” was rendered inapplicable by the specific language of Catalyst’s contract, even though the sale took place 15 months after the company’s sale.
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Employee Spotlight: Krista Torralva
The Texas Lawbook is pleased to announce that former Dallas Morning News courts reporter Krista Torralva has joined The Lawbook team to work with Michelle Casady and Janet Elliott to cover complex commercial litigation being handled by Texas lawyers.
SCOTX Again Stays Case Involving Attorney’s Sex Tape, Child Porn Concerns
The Texas Supreme Court on Tuesday entered a stay for the second time in a case that involves the intersection of rules governing civil discovery and federal laws regarding the dissemination of child pornography. In January, the court lifted its first stay in the case and in a 5-4 decision denied Magdoline Elhindi’s petition for writ of mandamus. Tuesday’s stay came amid consideration of Elhindi’s motion for rehearing, which remains pending.
14 Indicted in Alleged Prescription Kickback Scheme
Ten doctors, two executives and their businesses have been indicted on federal conspiracy charges by a Dallas grand jury for allegedly perpetrating a kickback scheme. At the center of the alleged scheme are two businessmen who were also part of the massive Forest Park Medical Center kickback scheme.
GT Grows Real Estate Capabilities in TX
Greenberg Traurig announced this week that real estate shareholder Paul M. Williams, who will spend time in California and Texas, has joined the firm. GT has also recently added four associates to its Dallas office.
Deals in the Oil Patch Still Reign Supreme for Texas Lawyers
Corporate lawyers in Texas have been exceptionally busy over the last 13 months, as the surge in mergers, acquisitions and joint ventures within the oil patch remains robust.
P.S. — Women’s Advocacy Honorees Revealed, A Discussion on Homelessness
This upcoming Tuesday, Feb. 27, St. Mary’s University will host a panel of policymakers and experts as they discuss how the community can help people experiencing homelessness. More than 3,155 people in Bexar County experienced homelessness during the 2023 point-in-time count, according to nonprofit Close to Home San Antonio.
Firms and nonprofits mentioned in this week’s column include Akin, Boeing, Carter Arnett, SBA, Figari & Davenport, Nexstar Media Group. Frazier Revitalization, Haven for Hope, Close to Home San Antonio, the DBA and Legal Aid of NorthWest Texas.
Q&A with New Winstead IP Shareholder Austin Teng
Austin Teng, who officially joined Winstead this week, talks about his career change from software engineer to attorney and the future impact of artificial intelligence.
Landfill’s Lowered Property Valuation Considered by SCOTX
A unique site with exotic wildlife and an event center, the Texas Disposal Systems landfill near Austin is also a dump, its lawyer argues. The landfill is fighting to uphold a 2019 appraisal review board decision that lowered its valuation from $21.7 million to $2.8 million as part of an equal and uniform tax protest. Travis Central Appraisal District says a district court should review the landfill’s fair market value because of a lack of comparable properties.
SEC: Houston Man Illegally Used Wife’s Insider Info for $1.76M in Profits
Correction: This story has been updated to correct the spelling of the last name of the man accused of insider trading. The Lawbook regrets the error.
The U.S. Securities and Exchange Commission filed federal insider trading charges Thursday accusing a Houston man with using information he obtained from his wife, who worked in the M&A division at BP, to illegally profit from the British-based oil conglomerate’s $1.3 billion acquisition of TravelCenters of America one year ago.