A Collin County grand jury has indicted the owners and operators of North Forty Development and Texas Cash Cow Investments for securities fraud and money laundering.
CDT Roundup: 18 Deals, 13 Law Firms, 152 Texas Lawyers, $9.2B
Two segments of the mergers and acquisitions game that don’t get a lot of press are the middle market and venture capital. In her weekly roundup of transactions by Texas lawyers, The Lawbook’s Claire Poole shares evidence that both categories are alive and well.
The Secret To Defending An Oil Company? Don’t Expect Love
There are three ways to defend an oil company involved in litigation, according to EDGE Litigation Consulting’s Dan Jacks and Mark Sobus: the good, the bad and the downright ugly. But even if it’s ugly, it’s best to start any defense with the reality of what jurors really think about your client going in.
Lawyers from Major Oil Companies Drill Down on Today’s Key In-House Issues
If you were ever wondering what it takes to get hired on big cases for BP, Exxon or Chevron, look no further. A trio of lawyers from the major oil companies dished during a conference last week on qualities they’re looking for – or not looking for – in their outside law firms. Natalie Posgate was at the panel discussion and has the details.

On Veterans’ Day, Two Lawyers View Their Service Past and Present
In 2016, Gulf War Era veterans began to outnumber those of the Vietnam Era, putting Texas on an arc to become home for more veterans than any other state. On this Veterans Day, here are two lawyers who are part of that trend. And one of them officially becomes a lawyer today.

Substantive Changes Coming to Courts of Appeals in Austin, Dallas & Houston
The unprecedented election last week of 20 Democratic candidates to the state courts of appeals in Austin, Dallas and Houston will have an almost immediate and substantive impact on civil litigation and issues such as enforcement of arbitration clauses, excessive use of Anti-SLAPP laws and deference to juries in large-dollar plaintiff’s verdicts.

Haynes and Boone Capital Markets Co-Chair Bill Nelson Headed to Shearman
Bill Nelson, a partner and co-chair of Haynes and Boone’s capital markets and securities practice in Houston, is joining Shearman & Sterling’s recently opened Houston office, sources confirmed. Nelson’s departure would leave a gaping hole in Haynes and Boone’s corporate practice in Houston. The Lawbook’s Claire Poole has the story.
V&E, Bracewell, Baker Botts Assist on Anadarko’s Western Gas Transactions
Anadarko Petroleum Corp. announced Thursday that it agreed to sell almost all of its remaining midstream assets to affiliate Western Gas Partners for $4.015 billion, and three Texas law firms were involved. Claire Poole has the names and details.
UPDATED: Texas Supreme Court Justice Phil Johnson Retires
Texas Supreme Court Justice Phil Johnson, a conservative voice on the court for the past 13 years, has announced that he is retiring at the end of the year. Mark Curriden has the details.

$49M Battle Over Fracking Sand Container Designs Heads to Next Phase
It started with a client-vendor deal. A nondisclosure agreement was signed. The deal took the back burner, and the parties went their separate ways. But now, they are reunited in the courtroom in the thick of a $49 million legal battle. Neither side is backing down. Natalie Posgate tells the story.
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