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.
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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.”
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.”
Hilltop & SWS Use NY Lawyers in $316 Million Deal
Hilltop GC Corey Prestidge and SWS GC Allen Tubb turned to Wachtell Lipton and Davis Polk to advise on their deal.
Hilltop & SWS Use NY Lawyers in $316 Million Deal
Hilltop GC Corey Prestidge and SWS GC Allen Tubb turned to Wachtell Lipton and Davis Polk to advise on their deal.
Gibson Dunn Leads $1.3 Billion Buy for Lone Star Funds
The Dallas-based private equity firm is acquiring DFC Global Corp. for $1.3 billion.