When the U.S. Supreme Court conducted oral arguments this past week in a case that could potentially significantly restrict large class action securities lawsuits across the country, there was a very strong Texas flavor. The lead lawyer arguing the case was from Baker Botts in Houston and the lawyer who authored a legal brief that many experts predict will be decisive in the justices’ ultimate decision was from Vinson & Elkins in Austin.
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The Ends Do Not Justify the Means: Pre-trial Asset Freezes Increasingly Paralyze the Defense
Imagine you are a respected businessman or licensed professional but you suddenly learn through media reports that you are under investigation for fraud. Nothing has been proven but the federal government, without warning, convinces a judge to freeze all of your and your family’s assets.
NBA Team Values: Three Ways Mark Cuban and Some of His Owner Brethren Are Cashing In
In a recent article, Mark Cuban commented how media revenues will push NBA valuations far higher than they are currently.
“If we do this right, it’s not inconceivable that every NBA franchise will be worth more than $1 billion within ten years”, he said.
While that observation could be on the money, it’s not the only engine that drives NBA team values. The undergirding economics of these teams are complex and nuanced. The values are primarily by three different factors, some that cannot be controlled by owners and their advisory teams, but others that can be.
Baker Botts and Andrews Kurth Close $1.2 Billion Canadian Assets Deal
Tulsa, Okla.-based Williams Partners, LP acquired a 100 percent membership interest in Williams Energy Canada ULC from its affiliated company, The Williams Companies, Inc.
Baker Botts Advises in Two Deals for $895 Million
The Houston-based firm announced its involvement in two deals this week: one for Chesapeake Energy Corporation, the other related to Western Gas Partners, LP.
Dallas Bar Association’s Home Project Builds its 23rd Home
Twenty-two Dallas families live in homes built by the Dallas Bar Association’s Home Project through its partnership with Dallas Area Habitat for Humanity. From March through June 2014, the Home Project—led by Dallas attorneys and judges—will build its 23rd home. The build will culminate, as always, with a deserving Dallas family receiving keys to their new home.
Dallas Bar Association's Home Project Builds its 23rd Home
Twenty-two Dallas families live in homes built by the Dallas Bar Association’s Home Project through its partnership with Dallas Area Habitat for Humanity. From March through June 2014, the Home Project—led by Dallas attorneys and judges—will build its 23rd home. The build will culminate, as always, with a deserving Dallas family receiving keys to their new home.
Eastern District Facilitates Patent Cases with New Case Management Order
It is the first action in the nation by a federal district court to create a special track to limit the expense of patent cases.
Gibson Dunn Leads Luminant in $500 Million Federal Court Victory
A federal judge rejected Sierra Club claims that Luminant violated emission standards under the federal Clean Air Act at its Big Brown Power Plant.