Free Speech, Due Process and Trial by Jury
What began as a bitter legal dispute between Kainos Capital and one of its co-founders exploded into a bitter full-fledged feud Tuesday after the Dallas private equity firm filed a countersuit in Delaware. The company alleges that the original suit, filed by one of its co-founders, was timed to inflict as much damage on Kainos as possible. Natalie Posgate explains. (Editor's Note: this is an in-depth update from an earlier version of the article).
The Center for American and International Law (CAIL) has announced that William McRaven, who led the Navy Seals raid that killed Osama bin Laden, will give a talk titled "The Rule of Law in a Trouble World" on April 17 in Houston. This article has the details.
With economists forecasting slower growth in the U.S. economy, companies and law firms should take steps to prepare for the next downturn. Experts at Bentham IMF explain how litigation funding can be a lifeline for pursuing valuable legal claims when traditional sources of capital become scarce.
Baker Botts called 2018 "the year of the special situation." It was certainly that, with activists everywhere, especially in the O&G and the power and utilities markets. So what does that mean for 2019? More activist-incited M&A? Maybe. Claire Poole has the scoop along with her weekly Roundup of Texas deals.
A Texas judge is considering whether she should end the legal battle between Neiman Marcus and Marble Ridge Capital or further entertain the possibility that the hedge fund issued defamatory statements about Neiman Marcus that hurt its business.
The number of people who applied for the SEC's regional director's position in Fort Worth can be counted on one hand. The reason: the SEC’s Fort Worth enforcement budget has been slashed, staffing has been dramatically reduced and the ability to investigate and prosecute complex cases against corporations and financial institutions involved in illegal and fraudulent conduct has been significantly weakened. The Texas Lawbook has insider details.
Alumni of the Texas appellate courts in Dallas and Houston are on the move.
Katten Muchin opened in Dallas a year ago and has grown to three-dozen attorneys in Dallas. Now, the Chicago-based firm has signed a new long-term lease agreement for two floors at the PwC Tower at Park District in Uptown Dallas – a move that will give the firm space to double in size in the future.
M&A activity needs to pick up significantly, or Texas – and everywhere else – could be looking at a significant decline this year. The experts differ on the specific reasons, but their caution is unmistakable. Claire Poole has the details, as well as last week's dealmaking by Texas lawyers.
A Dallas County judge on Tuesday dismissed a lawsuit filed against Neiman Marcus that alleged the Dallas-based luxury retailer engaged in a $1 billion fraudulent transfer that harmed Marble Ridge, a creditor.
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