Dynegy and American Airlines are multibillion-dollar corporations based in Texas based companies that filed for Chapter 11 bankruptcy protection in November. Their restructurings are predicted to be lengthy and highly complex, meaning that legal fees could approach $100 million each.
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Chairman Smith: The Man Behind Bankruptcy Venue Reform
Rep. Lamar Smith remembers his first election as precinct chairman in San Antonio. He knocked on just about every door in the district and personally asked for people’s vote.
Business Bankruptcies Down, But Probably Not Why You Think
The number of businesses seeking the protection of Chapter 11 bankruptcy in Texas declined significantly for the first nine months of 2011.
Chapter 11: Entering a New Generation
Here we are in 2011, thirty-three years after the enactment of the federal Bankruptcy Code.
The Fine Art of the Benchslap
by John Browning, Lawyer Contributor Lawyers frequently compare notes about judges, particularly those with a reputation for being tough or demanding.
Jones Day, Latham & Watkins and Simpson Thatcher Lead KKR’s $7.2 billion Purchase of Samson Investment Company
A large contingent of Texas corporate lawyers kicked off the Thanksgiving holiday in style with the announcement that Kohlberg Kravis Roberts & Co., Natural Gas Partners, Crestview Partners and Itochu Corporation had agreed to purchase $7.2 billion in assets from Oklahoma-based Samson Investment Company, which is a large oil and gas exploration and production company.
Jones Day, Latham & Watkins and Simpson Thatcher Lead KKR’s $7.2 billion Purchase of Samson Investment Company
A large contingent of Texas corporate lawyers kicked off the Thanksgiving holiday in style with the announcement that Kohlberg Kravis Roberts & Co., Natural Gas Partners, Crestview Partners and Itochu Corporation had agreed to purchase $7.2 billion in assets from Oklahoma-based Samson Investment Company, which is a large oil and gas exploration and production company.
Texas Energy Lawyers Lead $1.15 billion Seaway Pipeline Deal
Three major law firms — Fulbright & Jaworski, Morgan Lewis and Vinson & Elkins — were involved in a $1.15 billion deal that allowed Enbridge to acquire a half stake in the Seaway Pipeline, jointly held with Enterprise Products, and to reverse its flow.
Houston Energy Lawyer Darrell Taylor Takes Practice to Jones Day
Houston energy lawyer Darrell Taylor is taking his Capital Markets Practice from Baker Botts to Jones Day.
National Law Firms Try Again in Texas
Prominent national law firms such as Chadbourne & Parke and Jenner & Block tried for three decades to crack the Texas legal market. They were lured by the milk and honey of corporate law: boatloads of billable hours from cash rich oil and gas businesses that do not blink at paying top rates.