HollyFrontier and Holly Energy Partners Add Sinclair Dinosaur for $1.8B
Dallas-based HollyFrontier Corporation and Holly Energy Partners are paying $1.8 billion to add Sinclair Oil's iconic brand and distribution network to their operation.
CDT Roundup: 21 Deals, 9 Firms, 142 Lawyers, $7.7B
Traditional oil and gas looking to make headway in the energy transition space scored a win last month thanks to new guidance from the IRS. Houston-based Latham & Watkins partner Jim Cole broke down the impact of the ruling on retrofits. And in the Roundup, it was a big week for IPOs with ties to Texas counsel as de-SPAC mergers dipped slightly after last week's flurry.
The Story Behind the Merger of Thompson & Knight and Holland & Knight
Sunday night's merger of Thompson & Knight and Holland & Knight appears to have gone seamlessly. The combination meets the needs of each - H&K to thrive in Texas and TK to just survive. The managing partners of the two firms - now partners of the same firm - gave The Texas Lawbook an exclusive interview on how the merger came together and why they both think it will be a huge success.
CDT Roundup: 21 Deals, 11 Firms, 139 Lawyers, $6.3B
There’s no hard and fast rule for expansion in Texas, but one firm has made a less-than-subtle push into the top dealmaking firms in the state. Here’s a look at what White & Case office executive partner Jay Cuclis says will continue to drive the firm’s growth in 2021 – along with details of transactions as part of this week’s Corporate Deal Tracker Roundup.
Goldman, JPMorgan Rule H1 2021 League Tables
Exclusive data from Mergermarket breaking down the leaderboard for financial advisors showed two new top dogs for deal value and count for the first half of 2021. Here's a look at which firms are commanding the league tables so far this year.
Insurer Must Cover Landry’s in Credit Card Hack, Appellate Court Rules
The U.S. Court of Appeals for the Fifth Circuit says the Houston-based restaurant chain’s insurance company is required to represent its client in litigation over an Internet breach that led to disclosure of millions of customers’ personal data.
CDT Roundup: 14 Deals, 11 Firms, 124 Lawyers, $4.009B
Mergermarket data provided exclusively to The Texas Lawbook shows that deal flow quarter over quarter continued at a rapid clip in the first half of the year, but the deal values came with a heftier price tag in Q2. And in this week's Corporate Deal Tracker Roundup, July continues to lag – though nothing new based on comparative data.
Deal Flow in First Half of 2021 Overshadows 2020 – But It Wasn’t Difficult
While public offerings and mergers tied to SPACs have cooled in the past few months, transaction activity tied to Texas companies in the first half of 2021 pretty much reflected the broader themes seen across the country. New H1 data from Mergermarket shows that Texas-based dealmaking is in lockstep with the rest of the planet on the road to recovery. The Lawbook's Anna Butler describes what seems to be driving the moment.
Texas Breeder of Rare Red Wagyu Cattle Wins $30M Verdict
During the trial in Fort Bend County, the plaintiff's lawyers from McKool Smith & Yetter Coleman claimed a breeding association failed to deliver promised DNA proof of a herd’s valuable lineage. Bruce Tomaso details the case.
State Bar’s Sylvia Firth to the Fifth: Not Appealing Decision on Mandatory Dues
Leaders of the State Bar of Texas decided Monday that they will not appeal a recent federal appeals court decision that some of the organization’s lobbying efforts violate the First Amendment rights of its members whose mandatory dues go to fund some of those initiatives.