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Latest News in Texas

  • April 23, 2024

    Judge Overturns Biz's H-2B Ban, Blaming 'Gaslighting' Atty

    A Department of Labor administrative law judge overturned a decision to debar a Minnesota concessions stand company from the H-2B visa program over its failure to pay back wages and penalties, saying the small business's owner had only followed his attorney's advice — right into a legal disaster.

  • April 23, 2024

    Crypto Industry Groups Sue SEC Over Dealer Definition

    Two crypto industry groups on Tuesday jointly sued the U.S. Securities and Exchange Commission to overturn the regulator's expanded dealer definition, claiming the regulator sidestepped a fair rulemaking process when it declined to address the myriad issues industry participants pointed out during the shortened comment process.

  • April 23, 2024

    Tesla's Risky Ride To Revive Musk's Multibillion-Dollar Pay

    Tesla Inc. and its mercurial CEO Elon Musk are banking on a bold strategy to salvage his multibillion-dollar compensation plan, invoking a recently enacted corporate power to first patch Tesla's charter and then reincorporate in Texas, potentially triggering stockholder claims of fiduciary breaches and waste.

  • April 23, 2024

    Ch. 11 Case Shows Why Plan Acceptance Procedures Are Key

    Sunland Medical's recent liquidation plan proposal is an important example of how top-notch judges and attorneys propose and analyze complex issues during the confirmation process, and the bankruptcy court was forward-thinking to consider the implications of such proposed treatment in the face of the Bankruptcy Code, says Kyle Arendsen at Squire Patton.

  • April 23, 2024

    Clifford Chance Adds Infrastructure Ace From V&E In Houston

    Clifford Chance LLP has bolstered its energy-related infrastructure practice with a counsel in Houston who came aboard from Vinson & Elkins LLP.

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