Legal experts say it is the largest civil judgment ever awarded by a Dallas state court judge.
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Statewide Need is Great for Pro Bono Legal Work on Border Crisis – Updated
Lawyers across the state are getting involved in pro bono projects to help the migrant children arriving from the border crisis, but Texas’ highest ranking judge says more of them need to step up.
DMN: Ex-Recognition Equipment CEO Loses Trial to End 25 Years Battle
A nine-member federal jury just ended former Dallas CEO William Moore’s 25-year journey to punish the postal inspectors he claims conspired — unsuccessfully — to send him to prison in the 1980s, and he’ll have to be satisfied with having had his day in court. The unanimous verdict was in favor of the five former postal workers he sued, and Moore will not collect any of the $231 million he had sought.
Locke Lord Closes $800 Million Sale of TGI Fridays
Mounds of attorneys from the firm’s Dallas office helped Carlson Restaurants sell the franchise to two private equity firms.
Bloomberg: EFH May Scrap Initial Reorganization Plan
Lawyers for Energy Future Holdings Corp. told a bankruptcy judge in Delaware today that the Dallas power company may abandoned its pre-negotiated restructuring and reorganization plan it proposed when it filed for Chapter 11 in April.
Weil Leads Closing of PetroLogistic’s $2.1 Billion Sale to Flint Hill Resources
The Houston-based propylene producer was acquired by Kansas-based Flint Hills Resources, which is a subsidiary of the giant private multinational corporation, Koch Industries.
Andrews Kurth, Hogan Lovells and Bracewell Advise in $1 Billion JV
The companies, NRG and JX Nippon Oil & Gas Exploration, claim the JV will build the world’s largest cost-combustion carbon capture and sequestration (CCS) facility on an existing coal plant in Fort Bend County, Texas.
Baker Botts Advises in Noble Spinoff of Paragon Offshore
Following the spinoff, Noble will own and operate one of the most modern, versatile and technically advanced fleets in the offshore drilling industry.
Fifth Circuit Rules for UT in Race Admissions Case – Updated
A federal appeals court ruled late Tuesday that the University of Texas’ use of affirmative action is a fair and constitutionally permissible approach to admitting students.
Hugh Tanner Becomes Second MP of Morgan Lewis’ Houston Office
Oil and gas litigation partner Hugh Tanner became the office’s second managing partner July 1.