P66 Buys EPIC NGL Assets for $2.2B
The deal, which includes two fractionalization facilities and more than 1,300 miles of pipeline, expands P66 capacity to move NGL from production points across the Permian Basin to Gulf Coast refineries.
Jimmy Blacklock Named Chief Justice of the Texas Supreme Court
Chief Justice Jimmy Blacklock has been on the court since 2018 and has been elevated to fill the chief justice position left vacant by Nathan Hecht’s retirement. Hecht had helmed the court since 2013. Also on Monday, the governor named James P. Sullivan as the newest member of the Texas Supreme Court. Both men formerly served as general counsel to the governor.
2024-25 Partner Ranks Grow as 10 More Firms Reveal Texas Promotions
The wave of partnership promotions continues as 10 more law firms have announced Texas additions to their respective 2024-25 partnership classes.
CDT Roundup: 9 Deals, 12 Firms, 80 Lawyers, $6.8B
With a new year upon us, it's a time for reflection and evaluation. You know what we mean: numbers. Here at the CDT Roundup, in case you haven't noticed, we believe in numbers. We worship numbers. Even our headlines are numbers — with just enough words to let you know what we are counting: "Deals, Firms, Lawyers, Money." But we also keep track of the numbers we write about.
How Texas M&A Lawyers Are Preparing for 2025
Now that the new year is here, many Texas M&A lawyers are preparing for potential developments in the upcoming year and identifying their focus areas. Many law firms are optimistic about the deal space in 2025, anticipating increased activity; however, they also plan to closely monitor how the new presidential administration may affect deals and their clients.
Biggest Texas Verdicts of 2024
Juries in the Eastern District of Texas handed out the largest and second-largest awards of the year and five of the Top 10. But no jury in the state cracked the $1 billion damages award threshold in a single case in 2024.
Keurig Dr Pepper, Taxwell Finalists for 2024 DFW Corporate Legal Department of the Year
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook have created a new award category for the 2024 DFW Corporate Counsel Awards. The DFW Corporate Legal Department of the Year honor recognizes in-house working as a team to achieve extraordinary success. This year, two corporate legal departments stood out from all the rest.
“We’ve honored GCs of the Year, Senior Counsels of the Year, Business Litigation and M&A Deal of the Year, but we realized that there are situations where corporate legal departments may have major initiatives on multiple fronts or facing a significant crisis while also dealing with major transitions within their companies,” said Texas Lawbook publisher Brooks Igo. “We needed an award that looked at the bigger picture by examining all the different challenges.”
Fort Worth Boutique Firms Merge
Vartabedian Hester & Haynes and Forshey Prostok are ringing in the new year by adding expanded services for their clients through the combination.
SCOTX: Cities Not Liable for Cop Car Crash Injuries
Rulings in the two latest cases and a third decided in May set up a demanding standard for when police officers can be sued over injuries and deaths caused while pursuing suspects or responding to calls for help. Although the circumstances varied, the court said none of the cases met the emergency exception to governmental immunity.
Litigation Roundup: Fifth Circuit Rules Against NFL HOF’er LaDainian Tomlinson
In this edition of Litigation Roundup, Match Group draws a shareholder class action lawsuit in California, Medicaid fraud whistleblowers get a piece of a $212.3 million settlement, and a Harris County District Court judge sees a public reprimand against her vacated by a court of special review.