As we approach the end of 2024, it’s crucial to ensure that your submissions to the Corporate Deal Tracker are fully credited. The Texas Lawbook’s M&A team is committed to identifying all relevant submissions for deals involving Texas-based lawyers, and we want to make sure that no qualified deal from your firm goes unaccounted for. That and more, including last week’s deals, in this edition of the CDT Roundup.
Jury Slams Natera with $292.5M Verdict in False Advertising, Unfair Competition Trial over Colorectal Cancer Test
Guardant Health and Natera had lodged false advertising claims against each other, with Guardant filing suit first in May 2021 and Natera following with counterclaims in June 2021. The jury, which was seated Nov. 4 and heard 10 days of testimony before returning a verdict Monday, awarded Guardant $75 million in damages for corrective advertising, about $41.5 million for disgorgement of Natera’s profits and $175.5 million in punitive damages.
North Texas Tollway Authority Nets $280M Verdict Against President George Bush Turnpike Constructors
A Dallas County jury found Prairie Link Constructors, a joint venture of construction companies Fluor Enterprises and Balfour Beatty Infrastructure, breached its contract with the North Texas Tollway Authority to build six and a half miles of roads, bridges and retaining walls on the President George Bush Turnpike. A majority of the walls were found to be defective, the NTTA alleged.
Litigation Roundup: Google Goes After Ex-Engineer Over Allegedly Posting Trade Secrets Online
In this edition of Litigation Roundup, the U.S. Supreme Court agrees to review a Fifth Circuit decision against the Federal Communications Commission, we identify the Dallas lawyers who helped secure a nearly $100 million verdict for the family of Botham Jean, and Vedder Price is tapped to represent NFL quarterback Baker Mayfield in a $12 million family feud.
Texas GC Forum Honors Corporate Legal Leaders of 2024
The Texas General Counsel Forum held its annual Magna Stella Awards dinner in San Antonio Thursday night recognizing nine chief legal officers and senior in-house counsel for their extraordinary achievements and leadership successes. The GC Forum provided The Texas Lawbook exclusive access to its annual meeting and the awards ceremony. More than 350 lawyers from corporate legal departments and law firms attended the event. The recipients included lawyers from Air Liquide, LyondellBasell, PlayPower, Schwab, Sumitomo, Texas Children’s Hospital and XRI Holdings.
Correction: David Starr’s name was mistakenly printed Carr in several references. The Lawbook apologizes for the error.