Houston and New Jersey-based Ridgewood Energy announced Tuesday that it closed investments for its latest private equity fund, Ridgewood Energy Oil & Gas Fund III, at more than $1.9 billion and surpassed its $1.5 billion target.
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V&E Closes Ridgewood Energy Fund at $2 Billion
Houston and New Jersey-based Ridgewood Energy announced Tuesday that it closed investments for its latest private equity fund, Ridgewood Energy Oil & Gas Fund III, at more than $1.9 billion and surpassed its $1.5 billion target.
The Texas Lawbook Passes 7,000 Subscribers
Nearly every major law firm operating in Texas has purchased a group subscription for its lawyers, as well as several corporate in-house legal departments. Of the 7,000 subscribers, more than 1,700 are corporate in-house counsel. In fact, Exxon Mobil helped us reach the readership milestone when it purchased a subscription for its entire legal department a few weeks ago.
The Texas Lawbook Passes 7,000 Subscribers
Nearly every major law firm operating in Texas has purchased a group subscription for its lawyers, as well as several corporate in-house legal departments. Of the 7,000 subscribers, more than 1,700 are corporate in-house counsel. In fact, Exxon Mobil helped us reach the readership milestone when it purchased a subscription for its entire legal department a few weeks ago.
The Texas Lawbook Passes 7,000 Subscribers
Nearly every major law firm operating in Texas has purchased a group subscription for its lawyers, as well as several corporate in-house legal departments. Of the 7,000 subscribers, more than 1,700 are corporate in-house counsel. In fact, Exxon Mobil helped us reach the readership milestone when it purchased a subscription for its entire legal department a few weeks ago.
U.S. Labor Dept. Proposed Rules could Impact Millions of Workers
The DOL issued two substantial pronouncements recently, including a proposed rule increasing the minimum salary to be paid for someone to be exempt and an administrative interpretation that most independent contractor are actually company employees.
A huge amount of money is at stake. Employers already experiencing a significant upswing in FLSA cases will witness an acceleration of that trend. The cases, which are typically brought on a class (collective action) base, often involve hundreds or more employees with aggregate claims in the millions.
Corporate Counsel Magazine: GC Compensation Inches Up
The general counsel at 20 of the largest Texas businesses earned $1 million or more during 2014, according to a new study conducted by Corporate Counsel magazine. Texas-based companies employ 13 of the 100 highest paid chief legal officers and 33 of the top 350. The general counsel at AT&T, Baker Hughes, Energy Future Holdings and Marathon Oil each earned more than $2 million a year in salary, bonuses and stock options.
St. Mary Cemetery Trial Ends in Hung Jury
A long-running dispute over a landowner’s actions at a 150-year-old historic African-American cemetery south of Dallas remains unresolved after a judge ruled the case a mistrial on Friday. An Ellis County jury was unable to agree whether a landowner and his company were negligent in their actions at St. Mary Cemetery located in rural Ellis County.
Kirkland and Bracewell Advise on $1+ Billion Power Plant Deal
Pennsylvania-based Talen Energy Supply announced Monday its plans to acquire Athens, New York-based MACH Gen, which owns and operates three natural gas-fired power plants in New York, Arizona and Massachusetts.
Weil Advises on $2.75 Billion Permian Basin Deal
Tulsa-based WPX Energy turned to a team of Dallas attorneys from Weil, Gotshal & Manges to advise on its $2.35 billion acquisition of Oklahoma City-based RKI Exploration & Production, announced earlier this week.