Updated: Dykema Grabs Four Litigators from Hartline Dacus
The Dallas office of Dykema has snagged four senior litigators who specialize in products liability and automotive litigation and one or two more lawyers may join them soon.
CDT Roundup: 18 Deals, 15 Law Firms, 99 Lawyers, $6.74B
Merger and acquisition activity usually starts out the year slowly and then builds. Bloomberg has reported that last month was the best January for deals globally since 2000 with $275 billion worth of transactions. So if past patterns hold, 2019 could be a very big year for dealmaking. Claire Poole explains in her weekly CDT Roundup.
Former Houston Appellate Judges Announce Their Next Moves
Two Houston judges who lost in the 2018 midterm elections announced Tuesday that they have landed at new firms. Natalie Posgate has the specifics.
SCOTX Rules Out Punitive Damages in Crane Plane Purchase Case
AUSTIN – It may have been “reprehensible” to sell as “new” a $19.85 million Bombardier Challenger 300 with a used and troubled engine, but when the contract limits liability then liability is limited, the Texas Supreme Court ruled last week. The decision snuffs a $5.39 million of an $8 million jury award, as Janet Elliott explains.
Latham Hires Kirkland Midstream Partner Jonathan Castelan
Latham & Watkins announced that it hired midstream-focused corporate M&A attorney Jonathan Castelan from Kirkland & Ellis' Houston office.
Financial Advisor Rankings: Make Way For The ‘Bulge-Bracket Banker’
Barclays and Goldman Sachs top the 2018 league tables for investment banks advising on Texas deals. But the real story in exclusive Mergermarket data provided to The Texas Lawbook may be the trend toward fewer but bigger deals in the state and elsewhere. Claire Poole explains.
Crawford, Wishnew & Lang Expands Employment Expertise with New Lateral
Dallas employment law expert Emily Stout on Friday moved her practice from Clouse Brown to Crawford, Wishnew & Lang. Stout’s lateral move makes her the eighth attorney to join CWL since the litigation boutique opened its doors in February 2018.
Mergermarket: Kirkland, then V&E Dominate Texas M&A
Locked in a five-year battle with V&E for top M&A firm in Texas, Kirkland represented more Texas-based companies in 2018 than any law firm in Texas history. New Mergermarket rankings show a growing separation between Kirkland and V&E, and even more separation between V&E and the rest of the pack. The Texas Lawbook has the details.
Baker Botts, V&E, Sidley, Latham Aid on Blackstone’s $3.3B Acquisition of Tallgrass
Blackstone Infrastructure Partners is acquiring a controlling interest in Tallgrass Energy for $3.3 billion. The purchase shows that private investors continue to have strong interest in the oil and gas industry despite lower commodity prices, particularly in the infrastructure part of the sector. Claire Poole reveals the names of lawyers and firms involved.
CDT Roundup: 13 Deals, 11 Law Firms, 67 Lawyers, $2.77B
Mid-sized private equity deals were at record levels last year: up in volume by 15.1 percent and in value by 14.8 percent. But capital raised slipped a bit and the number of funds dropped more than 20 percent. Does that mean a mid-market slow-down is coming? Maybe not. Visible optimism still rules the markets, as Claire Poole explains.