The Dallas Court of Appeals, in a case that exposes the influence of big money on local politics, has rejected a complex legal effort by real estate developer Henry Billingsley to shut down a residential air park community in Collin County so that he could turn the airport and its land into a shopping and office center.
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Andrews Kurth Wins MLB Jackie Robinson Award
The Houston-based firm is the first organization that is not minority- or women-owned to win the award.
Alan Albright Jumps to Sutherland
The IP expert is the fourth lawyer to join the firm’s Austin office during the past year.
Jackson Walker Shines in Otherwise Dismal Women Partner Promotions Trends
Statistics show that a small cadre of law firms have experienced extraordinary success promoting women to partner, while a large majority of Texas firms continue to lag way behind, according to an analysis conducted by The Texas Lawbook of 40 of the state’s largest and most prominent law firms.
Eighteen of the law firms in the study elected zero or one woman into the partnership from 2012 to 2014. By contrast, a small handful of law firms promoted as many or more women to partner as they have men during the same three-year period.
But no law firm in the state has a better record in recent years of promoting women to partner in Texas than Jackson Walker. The Dallas-based firm elevated nearly double the number of any other law firm during the time period.
Good as Gold: Jury Gives Dillon Gage Nod in Art Gallery Spat
A federal jury has nixed an attempt by a Los Angeles art gallery to do an end-run around the Robert Allen Stanford receivership claims process and recover nearly $3 million that it provided the imprisoned Houston billionaire’s empire for the purchase of 100 gold bars.
HayBoo Closes Two Deals for Alta Mesa for $523 Million
It’s been a busy week for transactional lawyers at Haynes and Boone, as well as those Bracewell and Locke Lord, who served on the other end of two deals HayBoo closed for Alta Mesa for $523 million.
SEC v. The Wylys: Insider Trading Trial Goes Way Beyond Texas
Dallas billionaire investor Sam Wyly wrote in his book 1,000 Dollars and an Idea that “the world owes a debt of gratitude” to junk bond king Michael Milken. Wyly is now on trial in the very same federal courthouse in New York where Milken pleaded guilty 24 years ago this month to financial fraud and insider trading.
The SEC accuses Wyly and the estate of his deceased brother, Charles Wyly, of profiting more than $550 million from an elaborate fraud that violated insider-trading laws through the use of offshore trust accounts. Securities lawyers in Texas say the SEC has a lot riding on the outcome of the trial.
SEC v. The Wylys: Insider Trading Trial Goes Way Beyond Texas
Dallas billionaire investor Sam Wyly wrote in his book 1,000 Dollars and an Idea that “the world owes a debt of gratitude” to junk bond king Michael Milken. Wyly is now on trial in the very same federal courthouse in New York where Milken pleaded guilty 24 years ago this month to financial fraud and insider trading.
The SEC accuses Wyly and the estate of his deceased brother, Charles Wyly, of profiting more than $550 million from an elaborate fraud that violated insider-trading laws through the use of offshore trust accounts. Securities lawyers in Texas say the SEC has a lot riding on the outcome of the trial.
Andrews Kurth Advises SensoryEffects in $567 Million Transaction
Dallas-based private equity firm Highlander Partner is selling its portfolio company, SensoryEffects, to Balchem Corporation for $567 million.
V&E and Robinett Law Firm Advise in Austin Social Marketing Merger
Two Austin-based tech companies agreed Wednesday to merge to become the “strongest and most comprehensive social marketing company.”