Free Speech, Due Process and Trial by Jury
The Supreme Court of Texas will consider whether a business version of common law marriage exists when companies do deals with each other in the Lone Star state, according to a ruling Texas’ high court issued on Friday. The case has been viewed by the Texas legal community as the most important business dispute since Joe Jamail's $10 billion win against Texaco in the 1980s.
When is an investor buying a security versus purchasing a partnership in a joint venture? It depends on some very specific but basic facts that usually are only available via a full trial, according to the U.S. Court of Appeals for the Fifth Circuit.
Baker Botts and Vinson & Elkins are the law firms of record for Sunnova Energy International’s initial public offering, which is providing a glimmer of hope in an otherwise barren environment for energy issues.
Two law firms with deep Texas roots were involved in Genesis Park’s sale of award-winning magazine Texas Monthly to billionaire Houston heiress Randa Duncan Williams. Claire Poole has the names of the lawyers involved and details on a sale that kept a Texas icon Texan.
Oil and gas services company TechnipFMC, co-headquartered in Houston and London, reached a settlement Tuesday with the DOJ and the SEC to resolve decade-old allegations that company officials violated the Foreign Corrupt Practices Act in business dealings in Brazil and Iraq.
A Dallas federal jury has found that two tech companies have infringed on each other’s patents, but the larger company in the legal battle, North Carolina-based CommScope, got the short end of the stick with a $9 million judgment. Natalie Posgate reports.
IPOs are hot, especially among venture capital-backed firms. How hot? In the first two months of Q2 there have been 21 offerings that generated more value than 10 of the last 11 years. And with some big names reportedly in the wings, things could get hotter. Claire Poole takes the market's pulse in Texas, along with her weekly report on the week in deal-making in the Lone Star State.
Exco Resources is paying its legal and financial advisors $4 million a month to help guide the company through bankruptcy. Since the Dallas oil and gas operation filed for Chapter 11 protection last year, Exco has paid the lawyers and other restructuring experts $61.6 million. The Texas Lawbook has exclusive details.
The U.S. Supreme Court Monday granted a new level of protection to businesses that provide the government with confidential data, requiring lower courts to consider the actual meaning of "confidential" before granting access to such data under the Freedom of Information Act. Critics say the case provides a new obstacle to public access to government. But Baker Botts Austin partner Evan Young, who argued the winning case before SCOTUS, says nothing could be further from the truth. Natalie Posgate reports.
A Colorado jury has handed a $96 million win to a team of Houston lawyers representing Denver-based Antero Resources Corp. in a dispute over what’s believed to be one of the largest natural gas purchase agreements in the U.S.
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