Wallace, who was part of the 23-lawyer team to jump to Holland & Knight and establish its Dallas outpost, counsels financial institutions in transactions.
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Jones Day Tax Partners Receive Awards
Noel received the Outstanding Leadership Award by the Tax Section of the State Bar of Texas and Currie received the Instructor of the Year Award for Income Tax by the Institute for Professionals in Taxation.
SEC Interviews Finalists for Fort Worth Director Job
The U.S. Securities and Exchange Commission is in its final stages of searching for a new regional director. The finalists include two current SEC officials, a former federal prosecutor and a corporate general counsel. A selection is expected by the end of August. The two front-runners are SEC Associate Director Marshall Gandy and former federal prosecutor Shamoil Shipchandler, who is now a partner at Bracewell & Giuliani in Dallas.
“There are some great candidates on the list – no bad options,” says Xerox Senior VP and Group Counsel Clay Scheitzach.
Jones Day and V&E Advise in $20 Billion MLP Transaction
Ohio-based MPLX and its sponsor, Marathon Petroleum Corporation announced Monday their plans to purchase Denver-based master limited partnership, MarkWest Energy Partners. The companies say the transaction, which is valued at $20 billion and includes about $4 billion of debt, will create the fourth-largest MLP based on a market capitalization of $21 billion.
Jones Day and V&E Advise in $20 Billion MLP Transaction
Ohio-based MPLX and its sponsor, Marathon Petroleum Corporation announced Monday their plans to purchase Denver-based master limited partnership, MarkWest Energy Partners. The companies say the transaction, which is valued at $20 billion and includes about $4 billion of debt, will create the fourth-largest MLP based on a market capitalization of $21 billion.
Andrews Kurth and Baker Botts Advise in $1.2 Billion Worth of Deals
In the past week, the two Houston-based law firms have been involved in oil and gas deals that combined are worth more than $1 billion.
Addison Pizzeria Owner Ordered to Pay $21.4 Million to Sexual Assault Victim – Corrected
Exactly 1,536 days ago, a 49-year-old owner of a popular Addison pizza shop sexually assaulted an 18-year-old waitress in a nearby Addison hotel. The attacker caused the teenager to suffer severe emotional and physical anguish and gave her herpes.
M&A Plummets in Texas during H1 2015
Corporate mergers and acquisitions involving Texas-based companies plummeted 28 percent during the first six months of the year compared to the same period in 2014. Texas businesses participated in 357 mergers, acquisitions, divestitures and joint ventures with a total deal value of $123.3 billion in 2015, compared to 498 such deals valued at $158 billion last year, reports Mergermarket, which produced the data exclusively for The Texas Lawbook.
“Deal-making across nearly all business sectors – health care, technology, industrial, manufacturing and even restaurants – is strong and active,” said Rick Lacher, managing director of the Dallas office of investment bank Houlihan Lokey. “Everybody in our office is busy – not hair-on-fire busy like last year but very active.”
M&A Plummets in Texas during H1 2015
Corporate mergers and acquisitions involving Texas-based companies plummeted 28 percent during the first six months of the year compared to the same period in 2014. Texas businesses participated in 357 mergers, acquisitions, divestitures and joint ventures with a total deal value of $123.3 billion in 2015, compared to 498 such deals valued at $158 billion last year, reports Mergermarket, which produced the data exclusively for The Texas Lawbook.
“Deal-making across nearly all business sectors – health care, technology, industrial, manufacturing and even restaurants – is strong and active,” said Rick Lacher, managing director of the Dallas office of investment bank Houlihan Lokey. “Everybody in our office is busy – not hair-on-fire busy like last year but very active.”
St. Mary Cemetery Lawsuit Goes to Trial
Testimony began Wednesday in the long-simmering St. Mary Cemetery dispute in which plaintiffs allege a landowner desecrated a portion of the historic African-American cemetery in rural Ellis County in order to carve out more cropland.