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Greenpeace Enjoined from Suing Energy Transfer in the Netherlands - The Supreme Court of North Dakota has directed the trial court to enter a narrow antisuit injunction against Greenpeace International Thursday morning, barring it from proceeding with its action against Dallas-based Energy Transfer in the Netherlands. A North Dakota jury awarded Energy Transfer more than $660 million in damages against Greenpeace in March 2025. May 7, 2026
Carlyle-Diversified Energy Partnership Fuels $1.175B Deal for Anadarko Basin Assets - Diversified Energy Company and its finance partner Carlyle Global Credit announced a $1.175 billion purchase agreement for oil and gas assets in Oklahoma’s Anadarko Basin owned by Camino Natural Resources.
Diversified is advised by Citi and Truist on finance and Kirkland & Ellis as outside legal counsel. Carlyle was advised on legal matters by Paul Hastings and Latham & Watkins. Jefferies is lead financial advisor to Camino with RBC Richardson Barr as co-advisor. Camino outside legal counsel is Vinson & Elkins. May 6, 2026
Diversified is advised by Citi and Truist on finance and Kirkland & Ellis as outside legal counsel. Carlyle was advised on legal matters by Paul Hastings and Latham & Watkins. Jefferies is lead financial advisor to Camino with RBC Richardson Barr as co-advisor. Camino outside legal counsel is Vinson & Elkins. May 6, 2026
Asked & Answered with McKool Smith’s Sam Baxter: Over Half a Century Practicing Law - In this edition of Asked & Answered, McKool Smith’s Sam Baxter, who recently retired, reflects on his 56-year career. While he is known for his work trying intellectual property cases in the Eastern District of Texas, he started out as a prosecutor and judge. May 6, 2026
Simpson Thacher’s Really, Really Big Year - The Texas Lawbook launched the Texas Lawbook 50 and the Corporate Deal Tracker in 2015 — two exclusive databases that calculate the law firm headcounts and revenue in Texas. The CDT documented those law firms’ M&A and capital markets transactions. Simpson Thacher didn’t make the leaderboard of either database in 2015.
A decade later, however, and the elite Wall Street corporate law firm is vaulting up both rankings by increasing its 2025 Texas headcount by 26 percent, its Texas revenue by 34 percent and leaping into the upper echelons of Texas dealmakers. May 5, 2026
The Texas Twelve - Eleven of the dozen Texas-based corporate law firms in the Texas Lawbook 50 experienced record revenue and profit in 2025, and the 12th firm did pretty damn well, too.
Citing heavy demand in legal services for real estate, tax, corporate transactions, fundings, commercial litigation and intellectual property disputes, the Texas-based lawyers for the Texas 12 generated $3.58 billion in 2025 — 10.56 percent more than the year before, according to the Lawbook 50. May 5, 2026
Toyota CLO Sandra Phillips to Retire from ‘Dream Job’ - Toyota Motor North America chief legal officer and corporate secretary Sandra Phillips told The Texas Lawbook Tuesday that she is retiring from the company’s top legal post July 31 to spend more time with her parents, who are in their 80s, and to focus more on serving on corporate boards.
“I’ve been living the dream job for 15 years, working with a great team,” Phillips said. “I am proud that I was able to help Toyota navigate some of its most difficult issues and to help move this great company forward. This is a good time to transition to a team that is ready to take more responsibility and lead Toyota into the future.” May 5, 2026
Justice Barrett Talks Life on the Bench - U.S. Supreme Court Justice Amy Coney Barrett spoke about her book Listening to the Law at the George W. Bush Presidential Center on Southern Methodist University’s campus Monday evening. From clerking for Justice Antonin Scalia to ruling on a death penalty case, Justice Barrett covered a few topics in her book. May 5, 2026
Centerpiece
Deep Blue’s Ali Denson Navigates Complex Deals and Regulatory Waters - The daughter of a commercial real estate lawyer, Ali Denson played a leading role last year in Deep Blue’s $750 million acquisition of Environmental Disposal System from Diamondback Energy and spearheaded the $950 million term loan needed to finance the sustainable water management company's acquisition. Citing those transformative transactions, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook are awarding Denson the 2026 Houston Corporate Counsel Award for Senior Counsel of the Year for a Small Legal Department. May 7, 2026
Wendy Wright Has Transformed the Legal Function at The Lactation Network - Wendy Wright was in the third grade when she first decided to become a lawyer. Nearly three decades later, Wright has achieved numerous successes, including making partner at a global law firm and now as the general counsel of The Lactation Network, a healthcare company trying to make a difference to families with newborns.
Citing those achievements, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook have named Wright as the recipient of the 2026 Houston Corporate Counsel Award for General Counsel of the Year for a Solo Legal Department. May 7, 2026
Expert Voices
Texas Business Court Quarterly Update – 2026 Q1 Summaries - In the first quarter of 2026, the Texas Business Court continued to make progress through the ever-growing number of lawsuits appearing on its dockets. In the first few quarters following the Business Court opening its doors Sept. 1, 2024, the vast majority of its opinions resolved the jurisdictional and procedural questions entailed in standing up a new court with limited jurisdiction. In the second half of 2025, such procedural decisions were increasingly mixed with substantive decisions. Early 2026 marked a new phase of the Court gaining “cruising altitude,” with many of the initial procedural and jurisdictional questions behind it and most decisions addressing the merits of the disputes. May 5, 2026
DOJ’s Plans to Revoke Naturalizations Could Undo Hundreds of Convictions - The DOJ's accelerated plans to revoke the citizenship of hundreds of naturalized citizens who “committed fraud” in the naturalization process will rely, in part, on a provision allowing revocation when the citizen is convicted after naturalization of a crime that started or occurred before naturalization. Ironically, such a move could provide the legal predicate to invalidate the very convictions the government will use to seek denaturalization. Citizens who pled guilty to pre-naturalization crimes likely had no idea that doing so could lead to denaturalization. Unless they were warned of this risk — and in our experience they were not — their guilty pleas may now be subject to challenge as uninformed and involuntary, even after the fact. April 30, 2026
Stories You Might’ve Missed
‘The Golden Age for Corporate Law in Texas is Now’ (Updated) - Never in history have Texas corporate lawyers worked so many hours, charged such enormous rates and raked in more revenue and profits than they are right now. The Texas offices of more than three dozen law firms scored record-high revenues in 2025 — and many of them surpassed their old records by tens of millions of dollars, according to new Texas Lawbook 50 data.
Citing increased demand for legal services and healthy hourly rate increases, 48 of the Lawbook 50 law firms generated more revenue and more profits in their Texas operations in 2025 than they did in 2024. April 30, 2026
