Top Story Archives - Page 158 of 311

Centennial scoops up Colgate for $3.9B

Texas lawyers from Latham and Kirkland worked on the deal, which the parties claim will create the largest pure-play exploration and production company in the Permian’s Delaware Basin.

May 19, 2022 Claire Poole

CDT Roundup: 11 Deals, 9 Firms, 80 Lawyers, $532M

A volatile stock market has economists uttering the “R” word: Recession. And while most analysts are discounting the likelihood of full-blown downturn, Andrew Akers of PitchBook has three scenarios that could affect dealmaking for the near future. Those possibilities, and a review of last week’s deals in the CDT Roundup.

May 17, 2022 Claire Poole

Texas Justices Issue Mixed Decision on Child-Abuse Investigations Over Family Decisions on Transgender Minors

Texas Gov. Greg Abbott and Texas AG Ken Paxton have no legal authority to order state child-abuse investigators to act against parents and doctors who participate in medical and mental-health actions involving transgendered minors, the Texas Supreme Court ruled Friday. The state’s highest court, in a fractured opinion mostly confined to procedure, upheld a lower court injunction stopping the state’s child welfare agency investigation into the specific case being challenged, but adding that lower courts exceeded their authority by making the injunction statewide.

May 13, 2022 Mark Curriden

Talen Energy Picks Weil Gotshal to Lead Bankruptcy and Restructuring

Houston-based Talen Energy filed the largest Texas corporate bankruptcy case of 2022 late Tuesday citing more than $3 billion in debt. A plethora of large law firms – Akin Gump, Paul Weiss, Kirkland & Ellis, Davis Polk, V&E and King & Spalding – are involved, but Talen GC Andrew Wright chose Weil Gotshal as lead debtor’s counsel.

May 12, 2022 Mark Curriden

Fort Worth Jury Clears American Airlines in Flight Attendant’s Sexual-Assault Claim

Jurors found that British celebrity chef Mark Sargeant sexually assaulted Kimberly Goesling in a hotel room in Germany in 2018, but rejected her claim that American Airlines is to blame.

May 11, 2022 Bruce Tomaso

Orrick Nabs Willkie PE Partner

Willkie’s Houston office loses another private equity partner as Orrick snaps up David Aaronson. Aaronson often worked with Mike Piazza, who left Willkie earlier this year for Gibson Dunn & Crutcher.

May 11, 2022 Allen Pusey

CDT Roundup: 16 Deals, 12 Firms, 108 Lawyers, $10.5B

While recent commodity prices might suggest a favorable climate for M&A energy transactions, they aren’t really happening. O&G deals were down in value by 41 percent during the first quarter of 2022. Deals worth $1 billion or more were down nearly 60 percent, according to GlobalData. The CDT Roundup spells out details, along with names of the lawyers behind last week’s transactions.

May 10, 2022 Claire Poole

Dallas Company’s Patent-Infringement Suit Against Twitter Moving Toward Trial

U.S. District Judge David C. Godbey, reversing a decision he made in 2016, refuses to dismiss the suit over what the plaintiff, VidStream, says is at least $600 million in unpaid patent royalties.

May 10, 2022 Bruce Tomaso

Willkie Reinforces Houston PE Depth

On a day the firm also saw a partner leave for Gibson Dunn, Willkie added a Houston partner who has served as general counsel for two different private equity firms.

May 9, 2022 Brooks Igo

Houston Transaction of the Year Finalists: Phillips 66 and GSFSGroup

The panel that judged the Transaction of the Year category stated that both legal teams are “highly deserving” of the award. The Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook will honor the four and more than a dozen other corporate in-house lawyers on May 19 at the 2022 Houston Corporate Counsel Awards. The Texas Lawbook has exclusive details.

May 5, 2022 Mark Curriden