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Litigation Roundup: Appellate Losses for Salesforce, Justin Timberlake - In this edition of Litigation Roundup, the Fifth Circuit explains the limitations of Section 230 of the Communications Decency Act in allowing a lawsuit against Salesforce to proceed, the Houston city council greenlights a settlement in a revenge porn case involving members of the fire department and a multimillion-dollar jury award in a case involving a contract to construct a natural gas plant is slashed. December 24, 2024Michelle Casady
Party City Hires Paul Weiss and Porter Hedges To Advise on Chapter 22 Bankruptcy - On Saturday, retailer Party City voluntarily filed for its second Chapter 11 bankruptcy in under two years in the Southern District of Texas. Following the filing and after being in business for nearly 40 years, it will officially look to close its business. As it begins to take the necessary steps to do so, it has selected New York's Paul, Weiss, Rifkind, Wharton & Garrison as its legal counsel and Houston's Porter Hedges as local counsel. December 23, 2024Nick Peck
The Container Store Hires Latham, Hunton AK, Houlihan Lokey to Advise on Bankruptcy - The Container Store, a Coppell-headquartered retailer specializing in home organizing solutions, filed for Chapter 11 bankruptcy protection late Sunday in the Southern District of Texas, seeking to restructure its debt and address operating losses. Container Store CLO Tasha Grinnell hired Latham & Watkins and Hunton Andrews Kurth as legal advisors. The ad hoc committee of lenders is represented by Paul Hastings. December 23, 2024Mark Curriden
CDT Roundup: 11 Deals, 9 Firms, 92 Lawyers, $2.8B - Just in time for Christmas, DOE has published its months-awaited study on the economic and environmental effects of LNG exports. The report was promised in January as a rationale for the Biden Administration's decision to pause permitting of new LNG export processing facilities. The CDT Roundup takes a brief look at the exhaustive study and wonders if DOE has missed the irony in its concern about the effect of LNG exports on future natural gas prices That, and the usual review of last week's major Texas-related transactions. December 23, 2024Nick Peck & Allen Pusey
DFW Business Litigation, M&A Deal and Creative Partnership of the Year Announced - The corporate legal departments at Arcosa, Helmerich & Payne, Jacobs Solutions, SPCA of Texas and Texas Pacific Land and their outside law firms are finalists in three key categories at the 2024 DFW Corporate Counsel Awards. The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook announced the finalists for the 2024 DFW awards for Business Litigation of the Year, M&A Deal of the Year and Creative Partnership. These three awards are unique because they celebrate the in-house corporate legal departments and their outside lawyers. December 23, 2024Mark Curriden
Law Firm, Transocean Slapped with $500K Sanction in Hurricane Zeta MDL - In three orders issued Wednesday and Thursday, Harris County District Judge Rabeea Collier sanctioned Transocean and its former legal team for “egregious” conduct in the multidistrict litigation. The judge declined to disqualify the company’s new legal team, AZA, from continuing its representation of the drilling company. December 19, 2024Michelle Casady
Baker McKenzie, Eversheds and Reed Smith Promote New Partners - The parade of firms announcing their 2024-25 partnership class continued Thursday. Two global corporate law firms — Baker McKenzie and Reed Smith — each announced that three of their younger Texas lawyers had been elected to their partnerships, while Eversheds Sutherland promoted one.
Correction: An earlier version of this story misidentified the number of new Texas partners announced by Baker McKenzie, as well as a promotion that wasn't to its partnership class. The Lawbook regrets the error. December 19, 2024Mark Curriden
Correction: An earlier version of this story misidentified the number of new Texas partners announced by Baker McKenzie, as well as a promotion that wasn't to its partnership class. The Lawbook regrets the error. December 19, 2024Mark Curriden
Centerpiece
SCOTX Will Review Winter Storm Uri Claims Against Transmission and Distribution Giants - Four years after devastating power outages resulted in death and destruction, justices will hear arguments in February on the utility companies’ mandamus effort to end claims by more than 15,000 plaintiffs. The utilities say they had no duty under the exigent circumstances to supply power to any particular customers for any particular duration. December 23, 2024Janet Elliott
2024 DFW Senior Counsel, Rookie of the Year Finalists Unveiled - Corporate in-house lawyers at American Airlines, Texas Capital Bank and Workrise are on the short list for the 2024 DFW Corporate Counsel of the Year Awards for Senior Counsel of the Year. And attorneys from ECI Software Solutions and Matador Resources are the finalists for DFW Rookie of the Year. December 19, 2024Mark Curriden
Expert Voices
Top 10 Texas Legal News for 2024 - Astroworld, Hurricane Beryl, and the attack on diversity, equity and inclusion initiatives are just a few of the events connected to the biggest legal stories of the year in Texas. December 26, 2024Androvett
Legal Hiring Trends: A Look Ahead to 2025 - Russell Newhouse, founding principal of legal search firm Newhouse + Noblin, shares insights into which sectors and industries corporate legal departments are focusing post-election and heading into the new year. December 26, 2024Russell Newhouse
Stories You Might’ve Missed
- The Dallas Morning News, The Texas Lawbook Form News Partnership - The Texas Lawbook, the largest and most influential legal publication in Texas with more than 16,000 paid subscribers, is expanding its reach into the Texas business community with a new content partnership with The Dallas Morning News. October 3, 2024Mark Curriden