Free Speech, Due Process and Trial by Jury
Following a two-week trial before Bexar County Judge Nadine Nieto, a jury awarded $8.45 million to a woman who claimed she was defamed by statements made in the Netflix documentary Dirty Money.
Area Development Intermediate filed notice of removal to the Texas Business Court Friday evening, delaying Mark Cuban’s petition for a pre-suit deposition. Cuban’s filing claims the pre-suit deposition of the ADI’s corporate representative is aimed at uncovering details about how the Mavericks struck a deal to buy the Valley View Mall property. Cuban, who maintains an ownership interest in the American Airlines Center, is seeking information regarding how the deal may impact his contractual rights.
Texas private equity firm EnCap Flatrock Midstream has sold Momentum Midstream to Oklahoma energy infrastructure company Williams for $3.5 billion in cash and debt and roughly $2 billion of Williams equity. Willkie and Kirkland advised on the deal.
In this edition of Litigation Roundup, we highlight one plaintiff lawyer’s thoughts on Johnson & Johnson’s proposed $5.5 billion settlement of ovarian cancer cases, and detail Buc-ee’s latest court battle to protect its brand.
On Monday, in apparent response to concerns about potential disruption to the Texas electrical grid, Gov. Greg Abbott ordered the state’s top two energy agencies to pause any new data center grid connections while the effect of those connections is studied by the state.
On Sunday, the U.S. Trustee and Jackson Walker told Chief U.S. Bankruptcy Judge Eduardo V. Rodriguez they had agreed to a deal where the law firm will pay $15 million to end efforts to claw back millions in fees it earned in certain bankruptcy cases.
Willkie Farr & Gallagher opened its Dallas office just two years ago, initially concentrating on transactional work. Now, the firm is advancing to the next phase by expanding its global litigation capabilities in Texas by hiring Grant Schmidt and Andrew Bean from Hilgers.
Newly appointed Texas State Securities Board Commissioner Jeramy E. Heintz said he planned to ensure that the 69-year-old agency continues to modernize its operations by leveraging emerging technologies to remain a national model for other state regulators in protecting investors and markets.
As usual, a $14 billion data center deal in El Paso leads the pack alongside an abundance of M&A transactions with potential data center spin. But there were a few deals outside the large load computational orbit worthy of attention.
The Corporate Deal Tracker’s first-half firm rankings made one thing clear: a handful of law firms are dominating M&A from every angle, whether the deal is in Houston, Silicon Valley or halfway around the world.
New data from the CDT identifies a cadre of Texas‑based M&A lawyers who clearly stand apart from the pack, but that only tells part of the story as the leaderboards are a cross-section of activity, from smaller to core middle-market transactions to megadeals.
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