Willkie Farr & Gallagher LLP has bolstered its ranks in Houston by bringing on a former King & Spalding LLP partner whose practice focuses on guiding energy and private equity clients through mergers and infrastructure development deals.
Rent-A-Center Inc. on Monday asked a Texas federal judge not to certify a group of investors alleging the furniture and electronics rent-to-own giant's stock tumbled when problems with the rollout of a new sales transaction system surfaced, saying the suit lacks a common thread of reliance and is plagued by competing damages calculations.
Keurig Green Mountain Inc. on Monday announced an $8 billion private bond offering to help fund its estimated $21 billion merger with Dr Pepper Snapple Group Inc., aiming to complete a tie-up that would create a North American beverage behemoth.
The Texas Supreme Court has sided with the Dallas Morning News in a libel lawsuit brought by the family of a teen whose suicide was referenced in a newspaper column, saying while the piece was “reasonably capable” of defaming the family, because the accusation is an opinion, the suit should be tossed.
Ironshore Europe DAC asked the Fifth Circuit on Monday to allow it to go forward with its claim Schiff Hardin LLP's bad advice about a product liability trial cost it $34 million, saying the law firm is liable under Texas law.
EDP - Energias de Portugal plans on snubbing China Three Gorges Corp.’s €9.1 billion ($10.9 billion) takeover offer, ConocoPhillips is getting ready to sell its North Sea oilfields, and regulators in China have reignited their probe of Qualcomm’s bid to buy NXP Semiconductors.
A Texas doctor was arrested Monday on charges he led a $240 million health care fraud and money laundering scheme in which he falsely diagnosed patients with degenerative diseases and gave them unneeded chemotherapy and other treatments.
The Federal Circuit on Monday tossed an Eastern District of Texas ruling that ZTE could be sued in the district for allegedly infringing American GNC Corp. patents because it had contracted with a call center in Plano, finding that the lower court wrongly placed the burden on the telecom company to show improper venue.
The Fifth Circuit has revived a Texas attorney's claims that her insurer acted in bad faith by refusing to pay defense costs in litigation with a former client, ordering a trial judge to review the alleged violations of the state insurance code in light of a recent Texas Supreme Court ruling.
Synergy Industries LP has filed a lawsuit accusing oilfield service company giants — National Oilwell Varco LP and Schlumberger Technology Corporation — of conspiring to rip off its proprietary wireline truck technology, in violation of a contract Synergy and Schlumberger have been operating under since 2012.
The company that owns the dating app Tinder has reached a settlement agreement to drop a sweeping intellectual property lawsuit it filed in March against a rival service billed as “China’s Tinder."
A Texas duty-free shop on Friday sued the government in the U.S. Court of International Trade after U.S. Customs and Border Protection ordered a change to the store's delivery procedures that it says has forced it to cease deliveries and sales.
Chili’s Grill & Bar said hackers have compromised credit and debit card information of customers who visited some of the casual restaurant chain’s eateries in March and April, saying it is working with independent experts to investigate the data breach.
A personal injury and criminal defense law firm in Houston has asked a Texas judge to intervene in a contract dispute with De Lage Landen Financial Services Inc., alleging it was hit with a $33,000 default judgment in Pennsylvania without ever knowing it had been sued by the financial services firm.
Houston-based Cadence Bancorp. and Atlanta’s State Bank Financial Corp. on Sunday said they agreed to a stock-for-stock merger in a deal valued at around $1.4 billion to create a combined company boasting $16 billion in assets and locations all across the South.
A wrongful death suit filed by relatives of a woman killed in a gas pipe leak explosion and removed by the energy supplier defendant to federal court was sent back to Texas state court Friday when a federal judge found that state tort laws were more applicable to the case.
Texas will file suit in the next week alleging an opioid manufacturer used deceptive trade practices, the state said in a letter to the Texas Judicial Panel on Multidistrict Litigation, opposing pretrial consolidation of litigation by Texas counties alleging problematic marketing and sales of opioid medications.
The U.S. Government Accountability Office denied protests by DynCorp and an AAR Corp. unit over a nearly $1.7 billion Air Force training aircraft repair deal, saying the contract award to a joint venture based on the past performance of its JV partners was reasonable.
A Massachusetts senator and Texas representative wrote to Amazon with questions about privacy issues surrounding its new Echo Dot Kids Edition on Friday, the same day advocacy groups released a statement urging parents not to buy the voice-activated digital assistant device.
AMC is asking a Texas federal judge for a quick win in a Houston theater's suit accusing the nation's largest movie theater chain of illegally blocking access to first-run films, arguing that antitrust laws are intended to protect competition, not individual competitors.
The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.
The top securities regulator in Massachusetts recently issued consent orders halting five initial coin offerings, reminding virtual currency market participants that they must be mindful of state regulators as well. This “sweep” is likely only the tip of the iceberg for ICOs in Massachusetts and in other states, say attorneys with Ropes & Gray LLP.
The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.
In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.
I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.
Given the competing public policies of protecting clients’ right to counsel of their choice, lawyer mobility, and the fiduciary duty partners owe to a dissolved firm, it behooves law firms to carefully review their partnership agreements to make sure they adequately spell out what happens in the unfortunate event that the law firm chooses to wind down, say Leslie Corwin and Rachel Sims of Blank Rome LLP.
There has been, of late, significant dispute as to the application of the unfinished business doctrine, particularly with respect to hourly rate matters of now-dissolved large law firms. And the California Supreme Court’s recent decision in Heller Ehrman, like others as to similar points, is highly questionable, says Thomas Rutledge of Stoll Keenon Ogden PLLC.
The U.S. Department of Labor's fiduciary rule has been challenged in court by various organizations on grounds that the agency exceeded its authority in promulgating it. Those challenges culminated in a recent decision by the Fifth Circuit to vacate the rule in U.S. Chamber of Commerce v. DOL, say Robert Stone and Shannon Smith of Katten Muchin Rosenman LLP.
The U.S. Supreme Court recently held that the United States could maintain a suit to enforce terms of an interstate compact — even where it was not a signatory of the compact. This decision offers clues about how the high court might deal with issues of compact construction that have gone unresolved for some time, says Matthew Tripolitsiotis of Boies Schiller Flexner LLP.
While many policyholders are still fighting insurance carriers to recover on Hurricane Harvey claims, it is important for policyholders to prepare for the next season of storms by reviewing their coverage and understanding the difference between “dwelling,” “contents,” “other structures,” and alternative living expenses, says Angelina Wike of Merlin Law Group PA.