Polsinelli partner Leane Capps scored a huge victory last week for two major college sports conferences when a federal judge in Tennessee rejected claims by 10 former college basketball and football players who argue they deserve compensation for the use of their images and likenesses. Capps represents the two Irvin-based leagues in two separate but very similar cases – one in Tennessee and the second in California. Billions of dollars are at stake in the litigation.
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New Litigation Boutique Burns Charest Scores Big Settlement
Dallas trial lawyer Warren Burns’ four-year-long contentious antitrust and commodities litigation against two London-based energy companies and a handful of their officials has resulted in a $16.5 million settlement. The lawsuit accused Parnon Energy Inc., Arcadia Petroleum Ltd and a handful of specific individuals of artificially manipulating the price of West Texas Intermediate crude oil (WTI) and oil futures.
ALJ Dismisses SEC Allegations Against Houston Investment Firm
An administrative law judge for the U.S. Securities & Exchange Commission has exonerated Houston-based Robare Group and two of its executives of all charges the agency brought against them last September.
Skadden Scores $69M Judgment Morning of Trial for JP Morgan
The $69 million final judgment, secured Tuesday, was for JPMorgan Chase Bank.
The win was the end – or at the very least, a significant jump toward the finish line – of a 13-year legal battle with Plano-based DataTreasury Corp.
Jones Day Advises in Cardinal Health’s $1 Billion Acquisition of The Harvard Drug Group
Michigan-based The Harvard Drug Group distributes generic pharmaceuticals, over-the-counter medications and related products to retail, institutional and alternate care customers.
Lawyer Rates in Texas Rocket Up – $1,000 an Hour is in the Rear-view Mirror
Hundreds of Texas corporations received notices this year from their outside lawyers that their hourly rates were going up. Dozens of Texas lawyers who handle the most complex, bet-the-company legal matters now charge their business clients in excess of $1,000 an hour – a rate that was unheard of only a few years ago. There are more than 200 other Texas business lawyers who tout an hourly rate between $900 and $995. Who are these $1,000 an hour lawyers and how do they justify their rates? Click and find out.
Locke Lord, Latham, V&E and T&K Advise in Enterprise’s $2 Billion Eagle Ford Assets Acquisition
Enterprise Products Partners announced that it has agreed to purchase Eagle Ford Shale company EFS Midstream from affiliates of Pioneer Natural Resources and Reliance Industries for $2.15 billion.
Locke Lord, Latham, V&E and T&K Advise in Enterprise’s $2 Billion Eagle Ford Assets Acquisition
Enterprise Products Partners announced that it has agreed to purchase Eagle Ford Shale company EFS Midstream from affiliates of Pioneer Natural Resources and Reliance Industries for $2.15 billion.
Supreme Court Sends ‘Bodacious Bar-B-Q’ Patent Case back to East Texas for Round Three
Commil USA v. Cisco Systems is definitely not the run-of-the-mill dry, unemotional patent infringement case. But any litigation that is known as the “Bodacious Bar-B-Q case” must be fascinating. The U.S. Supreme Court officially memorialized the case in the annals of legal history last week.
Now the induced infringement case is headed back to East Texas for a third jury trial. More than $100 million will be at stake. This article examines the history of the case and the Supreme Court’s decision.
APIS Names 2015 Award Winners
APIS recognizes an Affiliate of the Year, the Best Under 40, an Outstanding Mentor, a Champion of Diversity and the Justice David Wellington Chew Pro Bono Attorney of the Year.