The Fifth Circuit ruled late Thursday that Lexington Insurance Co. was not required to indemnify famed trial lawyer John O’Quinn, who died in 2009, and his law firm for the costs of settling a case that accused him of improperly charging his clients for millions and millions of dollars in expenses that had nothing to do with the litigation.
SCOTX Hears New Case Regarding Post-Production Deductions
For nine years Burlington Resources deducted post-production costs from royalties paid to Amber Harvest for development in the Eagle Ford. Then came the 2015 Chesapeake v. Hyder decision, and now Amber Harvest is asking SCOTX to make Burlington reimburse them. Janet Elliott details their arguments before the court.
Feud Unravels Between K&L Gates and Client in New Lawsuit – Updated
A San Marcos manufacturing client of K&L Gates filed a legal malpractice suit Tuesday, alleging that the firm represented their lenders against them in a debt dispute. The suit identifies two former K&L Gates lawyers in the conflict, one of them now a clerk for U.S. Supreme Court Justice Neil Gorsuch.
CDT Roundup: 18 Deals, 15 Law Firms, 131 Texas Lawyers, $18.39B
Texas had a decent week for dealmaking last week, both in volume and value. But in the larger market there are signs that things might be slowing down.
Analysis: Are Several More Corporate Firms Looking to Open in Texas? Yes. Well, Maybe
The flood of national and regional law firms moving into Texas shows no sign of slowing. A dozen more out-of-state firms may be looking to open a new office in Dallas or Houston during the next six months, according to 36 legal industry insiders interviewed by The Texas Lawbook. We have the names and some denials.
Jury Awards Take-Nothing Defense Verdict in Feud over Houston Family Business
A Houston jury has awarded a take-nothing defense verdict to three brothers who were accused by two of their other siblings of fraud, securities violations and breach of fiduciary duty of their family business. The case involved money – approximately $30 million – but defense lawyers say the dispute, like many family court battles, went deeper.
Updated: TX Law Firm Leaders: 2018 is ‘Best Year Ever’ for Business … So Far
Large and mid-sized law firms representing businesses in Texas are doing more work and generating more revenues this year than they ever have before. Seventy-five percent of the biggest corporate law firms operating in Texas say that they are witnessing a record year in revenues and profits so far, according to a new Texas Lawbook survey of law firm leaders.
Finally, SCOTX Settles ‘Jarndyce v. Jarndyce’
A 46-year-old property tax case was finally settled by the Texas Supreme Court. Their ruling in the inter-county dispute, often compared to Dickens’ famously epic litigation, was settled in favor of San Patricio County.