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Union Pacific Prevails on Appeal in Case Where Jury had Awarded $557.1M - An error in the jury charge means Union Pacific Railroad Company will be getting a new trial in a lawsuit brought by a woman who drunkenly fell asleep on the tracks in a seated position and sued the company for her injuries. June 16, 2026Michelle Casady
SpaceX Exercises Cursor Option With $60B Stock Swap - SpaceX announced on June 16 in a social media post that it exercised an option to acquire Cursor in an all-stock transaction valued at $60 billion, with Gibson Dunn and Kirkland advising.
SpaceX plans to fold Cursor into its X67 Inc. unit. The deal was first announced in April, when SpaceX said it would “pay $10 billion for our work together” if it didn’t exercise the option. June 16, 2026Jason Philyaw
SpaceX plans to fold Cursor into its X67 Inc. unit. The deal was first announced in April, when SpaceX said it would “pay $10 billion for our work together” if it didn’t exercise the option. June 16, 2026Jason Philyaw
Olin, Huntsman Unite to Forge $12B Chemicals Giant - Olin Corp. and Huntsman Corp. announced June 16 that they have merged in an all-stock deal that creates a chemicals company with more than $12 billion in annual sales.
Kirkland, Cravath and Sidley advised on the transaction. June 16, 2026Jason Philyaw
Kirkland, Cravath and Sidley advised on the transaction. June 16, 2026Jason Philyaw
Pizza Hut Served Up to PE for $1.5B - Yum! Brands has agreed to sell Pizza Hut to Connecticut private equity firm LongRange Capital for about $1.5 billion, with an earn-out option of $75 million by 2030, while Pizza Hut in mainland China will be acquired by Yum China Holdings for about $1.2 billion.
Sidley, Weil and Mayer Brown are serving as outside legal advisors. June 16, 2026Jason Philyaw
Sidley, Weil and Mayer Brown are serving as outside legal advisors. June 16, 2026Jason Philyaw
Litigation Roundup: Sidley Represents Big 12 in Suit Against Texas Tech - In this edition of Litigation Roundup, the U.S. Securities and Exchange Commission’s Fort Worth regional office gets a final judgment against a Mansfield man accused in a $2.9 million fraud, and a company that offers an array of services to fuel retailers turns to the Texas Business Court in pursuit of $21 million in damages. June 15, 2026Michelle Casady
CDT Roundup: Megadeal Leads Eclectic Mix of M&A, IPOs and Odd Pairings - For the week ended June 13, the CDT Roundup reported on ten deals with a disclosed value of $11 billion.
A year ago at this time, the Roundup reported on nine deals with a combined disclosed value of $478 million.
By far the largest deal of the week was a massive venture involving PE, a sovereign fund, a power provider and a major chipmaker. That and more in this edition of CDT Roundup. June 14, 2026Jason Philyaw
A year ago at this time, the Roundup reported on nine deals with a combined disclosed value of $478 million.
By far the largest deal of the week was a massive venture involving PE, a sovereign fund, a power provider and a major chipmaker. That and more in this edition of CDT Roundup. June 14, 2026Jason Philyaw
Dallas Influencer Sues Over Apparel Company’s Deepfake, Partially Nude Instagram Post - A Dallas influencer who has cultivated an image for her 400,000 followers of a body-positive, health-conscious, family-friendly mother of three alleges an intimate apparel company “disempowered and humiliated” her by posting an AI-generated deepfake image appearing to show her partially nude body on Instagram. Tranchin’s lawyer, Brett Rosenthal of Reese Marketos, told The Texas Lawbook that EBY had not only disclaimed responsibility for the post, but at one point also threatened his client with a breach of contract claim after she declined to provide additional content to the company. June 11, 2026Michelle Casady
Centerpiece
Rachel Morgan Joined Dave & Buster’s to Have ‘A Good Time Working with Great People’ - Customers at Dave & Buster’s and Main Event in Dallas-Fort Worth were introduced to a new employee at the entertainment and restaurant operations company: New D&B CLO Rachel Morgan, who spent her first week on the job working among its rank-and-file employees of all levels.
“Everything I ate was delicious, but my favorite was the pepperoni pizza with a cauliflower crust and the key lime pie cheesecake,” Morgan told The Texas Lawbook. “As for games, the new Stranger Things and John Wick games were a blast. At Main Event, they convinced me to try to ropes course and the human crane — I looked ridiculous, but both were a blast. And the staff beat me badly in laser tag. I had hoped they would have mercy on me, but they did not.” June 15, 2026Mark Curriden
Expert Voices
The Nine Most Common Mediation Mistakes - Mediation is intended to resolve disputes, not to check a procedural box or make a perfunctory settlement attempt. Too often, avoidable missteps derail that objective. Here are common mediation mistakes that make resolution harder to achieve. June 15, 2026Phil Appenzeller
Defining ‘Responsible’ in ‘Responsible Third Party’ Designation - In its recent decision in K&K Inez Properties v. Kolle, Texas Supreme Court clarifies the required showing for a “responsible third party” designation. This article examines the holding and its implications for practitioners. June 12, 2026Kevin Jacobs & Laura Shoemaker McGonagill
Stories You Might’ve Missed
‘The Golden Age for Corporate Law in Texas is Now’ (Updated) - Never in history have Texas corporate lawyers worked so many hours, charged such enormous rates and raked in more revenue and profits than they are right now. The Texas offices of more than three dozen law firms scored record-high revenues in 2025 — and many of them surpassed their old records by tens of millions of dollars, according to new Texas Lawbook 50 data.
Citing increased demand for legal services and healthy hourly rate increases, 48 of the Lawbook 50 law firms generated more revenue and more profits in their Texas operations in 2025 than they did in 2024. April 30, 2026Mark Curriden











