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Andrew Strong, the former CEO and GC at College Station-based Kalon Biotherapeutics, is returning to practice environmental and life sciences law at Pillsbury, a New York law firm that has about 20 lawyers in Houston. A 1994 graduate of the South Texas College of Law, Strong was at partner at Pillsbury from 2005 to 2009, where he represented several major energy companies, including Chevron, Conoco and Valero, in litigation matters.

An administrative law judge ruled Thursday that two Colleyville financial executives did little-to-nothing wrong in their leadership positions at Dallas-based Penson Financial, a now-defunct clearing service for U.S. brokerage houses dealing in stock trades. The case is a significant win for Haynes and Boone, which led the defense team and a major loss for the SEC, which lost only one of the 23 cases it filed with ALJs. By comparison, the agency lost one-third of the cases it brought in federal court during the same time period.

Houston-based Southwestern Energy Partners and San Antonio-based Howard Energy Partners have reached an agreement in which a subsidiary of HEP will purchase gas gathering assets from Southwestern and its subsidiary, Angelina Gathering Company, for $500 million.

Dallas entrepreneur and philanthropist Sam Wyly has hired former Stanford Law School Dean Kathleen Sullivan to lead his legal efforts to reverse a New York jury decision last May that he and his deceased brother, Charles, violated federal securities laws involving trusts they established in the Isle of Man more than two decades ago.