Dallas real estate partners Kevin Maguire and Nicole Karam have departed Spencer Fane to join Frost Brown Todd, the firm announced Tuesday.
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CDT Roundup: 16 Deals, 15 Firms, 157 Lawyers, $29.9B
A policy “pause” in the expansion of LNG exports announced late last month by the Biden Administration came as a shock to many. U.S. LNG exports are not only regarded as strategic help for Western allies following the Russian invasion of Ukraine, but a viable climate-friendly alternative to coal. But life in the energy biz is never so simple, especially when it comes to fossil fuels. And this week’s CDT Roundup takes a quick look at the factors that seems to have led to the pause, and the potential it could have on Texas M&A. That, and the usual review of last week’s Texas-related corporate transactions.
CenterPoint Sheds Natural Gas Assets to Bernhard Capital for $1.2B
Latham advised CenterPoint and Kirkland assisted Bernhard on the transaction, which is part of a broader trend by utilities disposing of their unregulated businesses.
Litigation Roundup: Fifth Circuit wants SCOTX Input in TCEQ Suit; Texas Gamer Brings $680M Monopoly Claim
In this edition of litigation roundup, the Fifth Circuit has asked the Texas Supreme Court to answer a certified question in a dispute that pits a nonprofit group against the state’s environmental protection agency, the Texas Supreme Court grants review in two tax appraisal cases involving the value of Oncor’s transmission lines and the founder of a Call of Duty esports team take aim at Activision Blizzard’s business practices in a new suit.
The Corner Office: Q&A with Michael Holmes
In this Q&A, the V&E lifer and securities litigation pro shares his observations on which areas of litigation are busy, reflects on the rewards of staying at one firm for your career, and offers encouragement for young attorneys.
Dallas Labor and Employment Lawyer Jennifer Trulock Joins Bradley
Bradley Arant Boult Cummings announced Trulock’s hire on Monday, five days after announcing another partner addition to its labor and employment practice in Houston. The firm said it is expanding its capabilities in the area of labor and employment, as well as growing its Texas footprint.
SCOTX: Newspaper Did Not Defame Prosecutor in Article That Linked Him to Wrongful Conviction of Michael Morton
A career prosecutor argued that he was 17 and not a lawyer when Morton was convicted of murder in 1987 in Williamson County. The Supreme Court, however, said it was uncontested that Tommy Lamar Coleman “assisted the prosecution” in 2011 when he was an assistant DA who mocked Morton’s post-conviction efforts to have a bloody bandana tested for DNA.
Major Franchise Owner Hit with $30.7M Jury Verdict
A Dallas jury heard eight days of testimony and deliberated for two hours before deciding the owner of roughly 150 Popeyes restaurants, Guillermo Perales and his company Sun Holdings, owed former employee Jerry “Scott” Stockton about $15.6 million in compensatory damages and $15.1 million in punitive damages for failing to follow through on a promise to compensate him with 5 percent of the annual operating profits of the restaurants. Sun Holdings is the second largest franchisee organization in the country, with about 1,800 restaurants in its portfolio.
An Attorney Lended, A Public Service Election, An Award Nomination Open
This week’s edition of P.S. features two president-elect candidates for an upcoming election for the State Bar of Texas’ public service arm, background on an associate who Weil is lending to a Dallas-area legal aid organization for two months to provide full-time pro bono legal services and nomination information for Legal Aid of NorthWest Texas upcoming Builders of Justice awards.
Appellate Panel Asked to Halt March 5 Appellate Court Primary
During oral arguments in a lawsuit challenging the constitutionality of the configuration of Texas’ intermediate appellate court districts, the panel was asked to halt the March 5 primary election for the intermediate courts of appeals. The lawsuit brought by Keresa Richardson seeks to have the courts redraw the districts to address malapportionment. Richardson previously sought to have all members of the Dallas appellate court recuse themselves (two obliged) from hearing the case arguing they all have a conflict of interest “derived from the fact that this case will affect their elected status, their voting districts, and their future elected status, and thus they are all personally interested in the relief being requested and should not be the arbiters of the issues.”