A Texas federal jury Friday found the former CEO of ArthroCare Corp. guilty of wire fraud and securities fraud for his role in a scheme to inflate the medical device company’s sales and revenue numbers, which cost investors $750 million, after his first conviction was vacated and gave way to a retrial.
A Texas liquor store chain urged the Fifth Circuit on Friday to reverse the lower court ruling that found Hanover Insurance was not obligated to pay the costs of a lawsuit seeking recovery of $4 million charged by the chain’s credit card processor following two data breaches, arguing the policy exclusions were wrongly interpreted.
Dish Network Corp. on Thursday argued it’s not subject to Texas jurisdiction in a patent infringement suit related to its data compression technology, and argued there’s no basis for cloud backup company Realtime Data LLC’s assertion of willful infringement.
A former Statoil unit chief technology officer urged a Texas federal judge Thursday not to place a preliminary injunction on him in a suit accusing him of masterminding a scheme to steal proprietary technology and to set up a competing business, saying he was never subject to a noncompete agreement.
Texas has taken a long-running tax refund fight against American Multi-Cinema Inc. to the Texas Supreme Court, where the state comptroller argues allowing AMC to deduct its movie exhibition costs from its franchise taxes would open to the door to $6 billion worth of related refund claims.
BSG Clearing Solutions North America LLC has filed a lawsuit against 48 individuals and companies alleging they are “at the center of a vast scheme” that billed phone customers for unauthorized services and left BSG on the hook for $38.5 million in indemnity obligations.
Texas-based Sanchez Energy Corp. on Thursday said it had entered into a definitive agreement to sell Eagle Ford Shale assets for about $105 million in cash, according to a company announcement.
In this week's Taxation With Representation, one Andeavor master limited partnership buys another for $1.5 billion, a transportation logistics company trades hands between private investment companies for nearly $1 billion, two clothing companies join up in an $820 million deal, and the Miami Marlins get traded for $1.2 billion.
A Houston man who ran five home health care providers through which he operated a scheme that defrauded Medicaid and Medicare out of more than $17 million was sentenced to prison Thursday for his role in the crime and was ordered to pay the government restitution.
The wave of bankruptcy filings in the oil and gas industry has slowed since last year when the price of crude hit a 10-year low, but energy companies remain vulnerable in a volatile market with high leverage and a stubbornly slow rebound in prices, experts say.
Texas-based Calpine Corp., a North American power giant that serves customers in 25 states, Canada and Mexico, will be taken private in a deal worth $5.6 billion, according to a Friday statement.
A Texas federal judge has granted a preliminary injunction barring several alleged conspirators in a $23 million phony mortgage investment scheme from violating a receivership order against purported partners in the scheme, finding that the move was necessary to prevent further investor funds from being siphoned off.
A Missouri federal judge on Thursday trimmed a putative class action that claims Monsanto Co. encouraged farmers to use the highly volatile and drift-prone herbicide dicamba on their genetically modified dicamba-resistant soybean and cotton crops, decimating thousands of acres of farmland surrounding the crops.
Department of the Interior Secretary Ryan Zinke said an oil and gas lease sale on Wednesday generated $121 million in high bids for tracts in the Gulf of Mexico, adding that the initiative was part of President Donald Trump’s efforts to make the country “energy dominant.”
The driver of a tractor trailer in which 10 unauthorized immigrants died after being locked inside in extreme heat was indicted by a federal grand jury in Texas on charges he was involved in a for-profit human smuggling operation, the U.S. Department of Justice announced Wednesday.
Dorsey & Whitney LLP has hired away a partner from Norton Rose Fulbright to join its corporate practice group in Dallas.
A Texas appeals court has dismissed a woman’s suit alleging that a plastic surgeon failed to perform all of the procedures he promised as part of a breast reduction and armpit-area liposuction, finding that such a suit fell under medical malpractice requirements she failed to meet.
A group of 16 states, led by Texas, on Thursday backed the Trump administration’s travel ban for nationals of six predominantly Muslim countries and suspension of the nation’s refugee program, telling the U.S. Supreme Court the ban is facially neutral.
A Texas appellate court on Thursday determined two doctors will have to face medical negligence claims brought by a mother whose son was born with brain damage, holding an expert's report sufficiently linked their conduct to the alleged injury.
A Texas appeals court on Wednesday rejected arguments that the law firm Ray McChristian & Jeans PC should have been disqualified from representing a wife in a divorce action against an executive of U.S. Pecan Trading Co. Ltd. based on a previous representation of the company.
David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.
Last month, a Texas court reversed a $535 million jury verdict against Enterprise Products Partners LP, leaving Energy Transfer Partners LP empty-handed, and holding that no binding partnership had been inadvertently formed between the companies. Contract lawyers and many would-be midstream joint venturers are breathing a collective sigh of relief, say Roxanne Almaraz and Alyssa Ladd of King & Spalding LLP.
There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)
Special master appointments can be very beneficial in resolving disputes quickly, streamlining discovery, handling delicate settlement negotiations, and — somewhat surprisingly — reducing cost and delay, says retired U.S. District Judge Shira Scheindlin, now with JAMS.
As more law firms become the targets of major cyberattacks, more firms may consider appointing a chief privacy officer. In this series, CPOs at four firms discuss various aspects of this new role.
For outside counsel, oftentimes efficiency and responsiveness collide with security measures as clients are increasingly requiring their law firms to comply with third-party risk management programs. To meet these challenges, law firms are focusing more on the roles of chief privacy officer and chief information security officer, says Phyllis Sumner, chief privacy officer for King & Spalding LLP.
During the jury selection process, many times parties submit proposed voir dire questions, but the court ultimately chooses the questions to be asked and does all of the questioning of the jury panel. While this approach is judicially efficient, rarely do we learn anything meaningful from the panel members, say Lisa Blue of Baron and Blue and Robert Hirschhorn of Cathy E. Bennett & Associates.
As law firms hold sensitive information not only related to the firm but to the firm’s clients, an insider threat — whether it's a "bad actor employee" or inadvertent activity — poses a particular concern. There are steps that privacy officers can initiate to help minimize these threats, says Patricia Wagner, chief privacy officer for Epstein Becker Green.
As the role of law firm chief privacy officer becomes more prevalent and expansive, many CPOs are finding themselves in the midst of a delicate balancing act — weighing compliance with government regulations and client requirements on one side with the needs of firm business on the other, says Kristin Jones, chief privacy officer for Stradley Ronon Stevens & Young LLP.
For employers who are constantly at risk of being the subject of the U.S. Equal Employment Opportunity Commission’s next major investigation or systemic pattern or practice of discrimination class action, a closer reading of the terms in its recent settlement with Bass Pro gives valuable insight, say attorneys with Seyfarth Shaw.