Houston-based Columbia Pipeline Partners announced Wednesday that it closed its initial public offering. The 46.8 million offered shares, which began trading on the New York Stock Exchange on Feb. 6, sold at $23 per share and raised $1.1 billion for the company.
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V&E and Baker Botts Advise in Columbia Pipeline Partners’ $1.1 Billion IPO
Houston-based Columbia Pipeline Partners announced Wednesday that it closed its initial public offering. The 46.8 million offered shares, which began trading on the New York Stock Exchange on Feb. 6, sold at $23 per share and raised $1.1 billion for the company.
Can Workers Use Their Employer’s Email Address for Collective Action?
The NLRB thinks the answer is “YES.” As most labor lawyers know, the board is working to increase the ranks of unionized workers and allowing unions to rely on email, web pages and other avenues of social media to spread their message. A recent decision brings to the forefront the issue of the employer’s ability to control employees’ use of the company’s email system.
Investors to Fight Greenberg, Hunton in Stanford Ponzi Scheme Case
Investors are going after the law firms, insurance brokers and financial advisors that worked with Allen Stanford during his infamous Ponzi Scheme, claiming they played heavy roles in Stanford’s ability to defraud billions of dollars from roughly 20,000 investors.
Stanford Receiver Seeks Millions from Prominent Political Advisers
A federal trial is underway in Dallas in which Ralph Janvey seeks to force several political officials to return millions of dollars in fees they were paid as advisers. “This is such an important case, really out of proportion to the dollars involved,” said Kevin Sadler, who represents Janvey. Lawrence Bowman, lawyer for Peter Romero, the former ambassador to Ecuador said his client is an honorable man who did nothing wrong.”
Radio Shack – Another Large Corporate Bankruptcy Snubs Texas Courts
Radio Shack is the latest in a growing number of financially troubled North Texas corporations, including Energy Future Holdings and American Airlines, to go outside the state to restructure its business operations. General counsel for the companies that snubbed Texas bankruptcy courts say they did so because the judges in Delaware and the Southern District of New York are more experienced and more predictable in handling large complex corporate restructurings. But legal experts say none of it is true.
Jones Day Lawyers in Texas Lead Radio Shack into Chapter 11
Fort Worth-based Radio Shack finally filed for bankruptcy Thursday in Delaware. The retailer listed $1.2 billion in assets and $1.39 billion in debts. Radio Shack GC Bob Donohoo chose bankruptcy lawyers at Jones Day to be lead counsel in the case. Dallas partner Gregory Jordan and Houston partner Thomas Howley are playing key roles.
Blank Rome Prepares for Move into New Digs in Houston, Picks Up Corporate Partner
John Adkins joins the Philadelphia-based firm from Strasburger & Price.
T&K Makes Move in Increasingly Competitive Lateral Market in Mexico
Luis Gomar says it is more than energy reforms that have U.S. national and international firms investing heavily in Mexico.
T&K Makes Move in Increasingly Competitive Lateral Market in Mexico
Luis Gomar says it is more than energy reforms that have U.S. national and international firms investing heavily in Mexico.