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Katten Middle Market PE M&A Report Reflects a Sense of Optimism Undermined - The 2025 PE Middle Market M&A report released Thursday was based on bullish post-election December business optimism. But the early and aggressive moves by the Trump Administration forced the report sponsor, Katten, to reassess its data — to the point of authorizing a "flash survey" to gauge whether optimism had survived. April 3, 2025Allen Pusey
Texas AG Sends Piggyback Demands to Law Firms on DEI Info - Texas Attorney General Ken Paxton sent a two-page letter to 20 large corporate law firms — 13 with operations in Texas — seeking information about their diversity and inclusion initiatives related to their hiring and promotion efforts that Paxton alleges may have violated state and federal laws regarding discrimination. April 3, 2025Mark Curriden
Dickey’s Barbecue Sues American Arbitration Association Over ‘Flagrant and Stated Disregard’ of Rules - Dallas-based Dickey’s Barbecue Restaurants is taking the American Arbitration Association and one of its arbitrators to court over what it alleges is a “flagrant and stated disregard” for the rule of law that resulted in death penalty sanctions against it. April 3, 2025Michelle Casady
Dallas Personal Injury Firm Aldous Walker Is No More - Charla Aldous has formed Aldous Law with trial lawyers Caleb Miller and Eleanor Aldous, while Brent Walker has launched Brent Walker Law. April 2, 2025Michelle Casady
Houston Appellate Court Asked to Revive Winter Storm Uri Market Manipulation Suit - CirclesX Recovery, which describes itself as a software and data analytics company, argues MDL Judge Sylvia Matthews granted a motion to dismiss its lawsuit accusing some of the biggest energy companies of manipulating the natural gas market ahead of the 2021 winter storm, “without any analysis or explanation as to how or in what respect Appellant failed to plead its claims.” April 1, 2025Michelle Casady
Litigation Roundup: Fifth Circuit Judge Calls Out ‘Constitutional Flaws in the FCA’s Qui Tam Device’ - In this edition of Litigation Roundup, the widow of an oilfield worker sues Apache Corp. over her husband’s heat-related death, lawyers for the driver of a vandalized Tesla tout a first-of-its-kind civil suit, and Judge Stuart Kyle Duncan takes aim at the qui tam provisions of the False Claims Act in a concurring opinion where the court wiped out a $28.7 million jury award. April 1, 2025Michelle Casady
Hooters Files For Chapter 11 Protection in NDTX - Hooters of America announced Monday night that it had entered a restructuring support agreement to sell its remaining company-owned Hooters locations to a specific group of its current franchisees. In conjunction with this move, Hooters of America and 29 other Hooters-affiliated debtors also announced that they had voluntarily filed for Chapter 11 bankruptcy protection in the Northern District of Texas. Lawyers from Ropes & Gray and Foley & Lardner are advising. April 1, 2025Nick Peck
Centerpiece

Houston Judge Rejects $9B Bankruptcy Effort By J&J - Houston Bankruptcy Judge Christopher Lopez ruled late Monday that multiple flaws require him to dismiss Johnson & Johnson’s third attempt to use the federal bankruptcy courts to rid itself of 90,000 cases filed across the country by women suing pharmaceutical giant for making and selling baby powder that they claim caused their ovarian and other gynecological cancers. In a 57-page opinion, Judge Lopez said his ruling to reject J&J’s efforts to create a separate subsidiary in Texas called Red River Talc for the sole purpose of funding a $9 billion resolution of its talc powder cancer litigation through the bankruptcy process was "not an easy one, [but] it is the right one.” March 31, 2025Mark Curriden
Expert Voices
Where is Securities Litigation Headed in Texas? - Securities litigation is one of the most interesting and important areas of commercial litigation. It is arguably the reason why the United States has been able to attract more capital via foreign investment than any other country in the world. And Dallas has recently been making moves that are likely to result in it becoming a new center for securities-related litigation. April 3, 2025Mazin Sbaiti
Defining the Client File — Using Fee Agreements to Establish Clear Boundaries in the Digital Age - What categories of documents are included in the “file” has never been defined. With technology creating a record of nearly everything a lawyer does on behalf of a client, a liberal interpretation of the rule would mandate expansive and intrusive disclosures. This can be particularly problematic if the client is an entity that experiences a change in control — perhaps even to a former adversary. This article discusses the use of attorney-client fee agreements to define and limit what documents will be included in the client’s “file” to resolve the ambiguity and minimize exposure to lawyers. April 1, 2025David Urteago
Stories You Might’ve Missed
Winter Storm Uri — Four Years Later, Zero Jury Trials for 30,000 Victims of Historic Storm - The ground had not yet thawed four years ago when the Texas courts were slammed with an avalanche of lawsuits. More than 30,000 individuals and small businesses filed wrongful death, personal injury and property damage lawsuits against ERCOT and the energy companies accusing them of gross negligence that caused much of the power blackouts. A separate class action accused energy companies and financial institutions of using Winter Storm Uri to manipulate prices and generate billions of dollars in profits. Four years later, not a single witness deposition has been taken and not a single case has been set for trial. And a growing number of legal experts predict that none of those cases will ever be heard by a jury of Texas citizens. February 13, 2025Mark Curriden