…continuous struggle of depressed commodity prices from the 2016 oil crash, among other factors, caused the company to enter another restructuring deal in August 2019 that involved an exchange offering…
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Paxton’s Lawyers on Criminal Case Shuffle: ‘This Case Has Gone on Far Too Long’
…that they plan to appeal Judge Johnson’s well-reasoned ruling,” Hilder said in a statement. “This has been in limbo for much of the five years it has gone on. It’s…
Children’s Pizza Parties & Films: The Latest Players on the Bankruptcy Docket
Irving-based CEC Entertainment, the parent company of Chuck E. Cheese and Peter Piper Pizza, filed for Chapter 11 bankruptcy Wednesday in Houston federal court. The filing comes two months after…
Susman Update: A New Problem – COVID-19
…wife, wrote last week on his page at CaringBridge.com. A surgically installed shunt apparently was successful, as Ellen observed last week when he came out of post-operative care that he…
Schlumberger Sued for $100M in Sex Harassment Case
…faced was “horrific,” Palmer said, but “even more shocking” was Schlumberger officials’ reaction to Saidman’s complaints when she reported them to the company’s human resources department. “Company officials did nothing…
Artificial Intelligence on the Witness Stand
…can be led astray. The confusion starts with the terminology. “AI” as it is commonly used actually comingles four categories of computer functions: Algorithms – These generally describe sets of…
COVID-19: Catalyst for Courage?
…must come, let it come in my time, so that my children can live in peace.” As such, civil unrest on the path to legal and social progress is not…
Houston Chronicle: Texas Southern’s Law School Closer to Compliance
…requested that the school submit a report demonstrating compliance by Aug. 1 for review at a meeting later that month. If TSU does not demonstrate compliance, the school will be…
Top 12 Financially Elite Law Firms in Texas: Just the Numbers, Ma’am
…million. The critical component to the success of “powerhouse” law firms is providing critical expertise, according to Marcus. “Clients come to Weil with questions of first impression, bet-the-company cases, and…
Advice to In-House Counsel: Don’t Shy Away from Bankruptcy as a Strategy
…accept a plan of reorganization. Your company is not able to pay the creditors in full. So, your option is a “cram-down” Chapter 11 plan. Under a cram-down plan pursuant…