Industrial 3D Printer Files for Bankruptcy in Houston
Massachusetts-based Desktop Metal Operating and 15 of its affiliated companies have filed for Chapter 11 bankruptcy protection in the Southern District of Texas.
CDT Roundup: Watt a Week as Deals Spark Up Power and Security
The week ending July 26 saw 15 transactions for just over $3 billion, which doesn't sound like much. The volume is akin to the week before, in which 14 deals were reported for $6 billion. But both pale against the 19 transactions for $16.4 billion reported last year. The plain truth is that transactions in M&A dwindled in Q2 and have stayed dwindled in the first few weeks of Q3. But take heart; Q2 was the weakest quarter in Texas M&A deals last year and the year before. But there was plenty of diversity in the mix.
Seadrill Partners Seeks Approval of Jackson Walker Bankruptcy Settlement
Seadrill Partners and Seadrill Limited — the offshore drilling rig operators whose bankruptcy proceedings are among the 33 cases where the U.S. Trustee’s Office is trying to claw back millions in fees awarded to Jackson Walker — asked the court on Friday to approve its $485,000 settlement with the Dallas-based law firm.
Courtroom Curveball: $440M Longtime Dispute Over Sale of Astros Ends in Settlement
After nearly 12 years of litigating, it took exactly one day of trial testimony for Jim Crane and Drayton McLane to settle their $440 million fight over the sale of the Houston Astros and a stake in a regional sports network. The Texas Lawbook’s Michelle Casady has the details from the courtroom and more.
Cicis Trial Became an Opportunity to Train the Next Generation of Trial Lawyers
Both Gibson Dunn & Crutcher and Winston & Strawn associates saw the Cicis trial as a valuable training opportunity. The associates argued motions and cross-examined witnesses on the stand.
Testimony Begins in $440M Fight Over Astros Sale
Two heavyweights of the Houston business community, Jim Crane and Drayton McLane, were at their respective tables in the well of the courtroom as a panel of nine women and six men —12 jurors and three alternates — filed into the jury box in the Ceremonial Courtroom on the 17th floor of the Harris County Civil District Courthouse Thursday morning for the first day of testimony in a case where $440 million is at stake.
Texas Jury Awards Texas Investor $175M in Patent Dispute with Verizon Wireless
The jury’s decision reached Wednesday is the second nine-digit damages verdict in three months favoring Headwater, which is led by inventor Greg Raleigh.
Houston Police Officer Files Suit Alleging Defective Weapon
A veteran police officer wounded while directing parade traffic is now seeking a jury trial and $10 million in damages. The lawsuit filed in Harris County is one of many against the gun manufacturer Sig Sauer.
DFW Business Bankruptcy Cases Most Since Great Recession
Fueled by financial distress in the healthcare and hospitality industries, a record number of businesses filed for bankruptcy in the Northern District of Texas federal courts during the first six months of 2025. New Texas Lawbook data shows that 622 companies and their affiliated businesses sought protection to restructure under Chapter 11 in the Texas bankruptcy courts between Jan. 1 and June 30 — more than any other state by a large margin. A half-dozen leading business bankruptcy experts provide their insights.
What Happened to the Commercial Real Estate Bankruptcy Boom? Texas Corporate Bankruptcy Law Experts Discuss the Restructuring Landscape
The Texas Lawbook interviewed seven of the top business bankruptcy lawyers in Texas about trends and developments in their practices during 2025. The experts include Sidley Austin partner Duston McFaul, Godwin Bowman partner Sid Scheinberg, O’Melveny & Myers partner Lou Strubeck, Haynes Boone partner Charles Beckham, Ross & Smith partner Frances Smith, Bradley Arant partner Jarrod Martin and Bracewell partner Trey Wood.