Texas Law360 provides breaking news and analysis on legal and regulatory issues in Texas. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
Vintage Capital Management LLC will pay $1.365 billion to acquire Rent-A-Center, the companies said in a statement Monday, with Wilson Sonsini Goodrich & Rosati PC guiding the private equity firm and Winston & Strawn LLP and Sullivan & Cromwell LLP respectively guiding the rent-to-own retailer and its board.
A Texas state senator convicted of money laundering, securities fraud and other charges tied to an alleged scheme involving a fracking company announced on Monday that he plans to resign from office, after previously saying he did not plan to step aside despite the conviction.
The NFL and the Houston Texans want a court to send to arbitration claims that a pocked and scored field at NRG Stadium gave a former Philadelphia Eagles player a career-ending injury, saying the players' union agreed that injury claims like this can only be decided in arbitration.
The Cherokee Nation and other Native American tribes on Friday asked for a quick win in a suit from various states and some foster families challenging the Indian Child Welfare Act, saying the parties bringing the suit are trying to undo decades of progress.
The U.S. Supreme Court on Monday declined to hear Total Gas & Power North America Inc.'s effort to overturn an appeals court ruling that said the company's challenge to the Federal Energy Regulatory Commission's power to use the Natural Gas Act to impose fines was not ripe.