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Baker Botts Advises ARC Resources in Shell Deal - British oil and gas giant Shell announced Monday an agreement to acquire ARC Resources, a Canadian energy company focused on the Montney shale basin in British Columbia and Alberta, in a deal with a total enterprise value of about $16.4 billion.
Baker Botts is acting as U.S. regulatory counsel to Calgary-based ARC Resources. Travis Torrence is head of legal for Shell USA. April 28, 2026
Baker Botts is acting as U.S. regulatory counsel to Calgary-based ARC Resources. Travis Torrence is head of legal for Shell USA. April 28, 2026
Litigation Roundup: Verizon Beats Back $175M Infringement Verdict - In this edition of Litigation Roundup, a lawsuit Mercuria Energy American filed against a former trader won’t be going to trial after all, and the U.S. Securities and Exchange Commission gets a $7 million final judgment in a case against a forex trader from Houston it alleged was operating a Ponzi scheme. April 27, 2026
Immigration Habeas Filings Jump 250% in North Texas After Policy Shift, Judge Says - Facing a “tsunami of litigation” driven by the Trump administration’s expansive classification of noncitizens as “applicants for admission” — making them ineligible for bond — lawyers and judges in the Northern District of Texas have “answered the call,” with attorneys stepping forward to represent immigrants on a pro bono basis and with judges working around the clock to issue timely, thoughtful orders, U.S. District Judge James Wesley Hendrix said Friday during closing remarks at the district’s annual Bench Bar Conference, held this year in Arlington. April 27, 2026
CDT Roundup: Fiber, Towers and Rare Earths Fuel Diverse Deal Slate - For the week ended April 25, the Roundup reported on 11 deals worth about $19.7 billion, or maybe $69.7 billion, depending on how SpaceX's latest acquisition pans out.
Aside from the SpaceX rent-to-own deal this week's slate of transactions includes the acquisition of a Brazilian Rare Earth source with a 15-year offtake agreement with the U.S.-backed buyer already in place; a $1.5 billion investment in a REIT that specializes in communications towers; the reverse-merger of an offshore oil services firm with a Houston-based competitor; the acquisition of a fiber provider in Alaska; the sale of a compression services provider to a Lubbock firm and the sale of a minority stake in a hyperscale data center developer.
That and more in this edition of CDT Roundup. April 26, 2026
Aside from the SpaceX rent-to-own deal this week's slate of transactions includes the acquisition of a Brazilian Rare Earth source with a 15-year offtake agreement with the U.S.-backed buyer already in place; a $1.5 billion investment in a REIT that specializes in communications towers; the reverse-merger of an offshore oil services firm with a Houston-based competitor; the acquisition of a fiber provider in Alaska; the sale of a compression services provider to a Lubbock firm and the sale of a minority stake in a hyperscale data center developer.
That and more in this edition of CDT Roundup. April 26, 2026
Houston Property Owners Win Takings Case Over Hurricane Harvey Downstream Flooding - The group of 12 downstream property owners in this case have alleged their damages total $22 million. Their lawyer, Richard Mithoff, who represents an additional 502 of the thousands of downstream plaintiffs whose claims are still pending, said he’s hopeful a trial date for the damages portion of the case will be set soon. April 23, 2026
‘People Are Definitely Going to Get Sick’: Trial Over Texas Prison Heat Awaits Ruling - More than 30 lawyers across six firms, including the Texas offices of O’Melveny & Myers and Winston & Strawn, have worked on a lawsuit challenging the lack of air conditioning in Texas prisons, contributing over 5,000 pro bono hours valued at more than $5 million. At the end of a nine-day trial this month, U.S. District Judge Robert Pitman said the case ranks among the most significant of the lawyers’ careers. April 22, 2026
Asked & Answered with Bracewell’s Steve Benesh: Legal Deserts, Star Trek and Gold - Second-generation lawyer and Bracewell partner Steve Benesh went to the University of Texas, following in the footsteps of his brother.
“For my 18-year-old mind, I needed no other reasons, other than having a brother there and Longhorn sports,” Benesh said.
Benesh recently sat down with The Texas Lawbook to discuss his time as state bar president and the issues he’s seeing in the legal practice. April 22, 2026
Centerpiece
‘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, 2026
Tariffs and Trade: Dallas Leaders Examine a Changing Landscape - As policymakers continue to recalibrate U.S. trade policy in the wake of “Liberation Day,” the real-world effects are still rippling across boardrooms, factory floors, and checkout counters. At a recent economic roundtable hosted by The Texas Lawbook, four international trade experts offered a look at how tariffs and the uncertainty surrounding them are reshaping decision-making for Texas businesses and consumers alike.
Here are highlights from the conversation. April 29, 2026
Expert Voices
DOJ’s Plans to Revoke Naturalizations Could Undo Hundreds of Convictions - The DOJ's accelerated plans to revoke the citizenship of hundreds of naturalized citizens who “committed fraud” in the naturalization process will rely, in part, on a provision allowing revocation when the citizen is convicted after naturalization of a crime that started or occurred before naturalization. Ironically, such a move could provide the legal predicate to invalidate the very convictions the government will use to seek denaturalization. Citizens who pled guilty to pre-naturalization crimes likely had no idea that doing so could lead to denaturalization. Unless they were warned of this risk — and in our experience they were not — their guilty pleas may now be subject to challenge as uninformed and involuntary, even after the fact. April 30, 2026
Surveillance by Design? How the California Invasion of Privacy Act Threatens Texas Businesses - The California Invasion of Privacy Act stands out because it allows for both criminal charges and civil lawsuits for statutory violations. This sets CIPA apart from more recently enacted consumer privacy laws in both California and Texas, which do not include civil enforcement. This has turned CIPA into the go-to law for attorneys looking to challenge web privacy practices in court.
CIPA’s broad reach brings Texas companies into the crosshairs, with Texas companies becoming increasingly aware of and worried about potential claims under CIPA. April 23, 2026
CIPA’s broad reach brings Texas companies into the crosshairs, with Texas companies becoming increasingly aware of and worried about potential claims under CIPA. April 23, 2026
Stories You Might’ve Missed
The Texas Trio: Different Paths to Breakout Results - Three large corporate firms — all with deep Texas roots and Texas-sized offices. They are the second, third and fourth largest law firms operating in Texas by lawyer headcount. All three are in growth mode. All three reported record revenues and record profits in 2025.
Combined, Jackson Walker, Haynes Boone and Norton Rose Fulbright saw their 1,364 Texas lawyers generate a combined $1.53 billion in revenue last year — a 15 percent increase over 2024, according to new Texas Lawbook 50 data.
Leaders for the trio of firms say the first quarter of 2026 is off to another record start. April 18, 2026
