A Delaware bankruptcy judge put off a ruling Thursday on lienholder efforts to seek Texas court assignment of creditor priorities in M&G USA Corp.’s $1.7 billion Chapter 11, saying that an upcoming plant sale could clarify prospects for recoveries.
A Texas state appellate court upheld on Tuesday a $287.5 million breach of contract award against Credit Suisse Securities USA in favor of a Highland Capital Management LP subsidiary over a bungled land appraisal ahead of a 2007 Las Vegas real estate deal.
A border-adjusted tax aimed at imports with large carbon footprints could theoretically comply with World Trade Organization rules, but mandates requiring consistent treatment of items from different countries could make the policy difficult to carry out in reality, a law professor said at a conference in Houston on Wednesday.
The Houston owners of Piney Point Pharmacy pled not guilty Wednesday to federal charges of money laundering, wire fraud and conspiracy in connection with orchestrating an alleged $23 million health care scheme.
The differences between the Federal Circuit’s most-reversed and least-reversed district courts run far deeper than their success rates on appeal — a metric that can vary widely throughout the judiciary, according to Law360’s look at three years of Federal Circuit cases.
The Dallas Mavericks basketball team said Tuesday it has hired outside counsel to handle an investigation into widespread sexual harassment within its business operations allegedly perpetrated by former team president and CEO Terdema Ussery.
Holland & Knight LLP said Wednesday that it has bolstered its commercial litigation practice in Houston with the hiring of a former Greenberg Traurig LLP partner who has significant experience in bankruptcy and bankruptcy litigation.
A former Schlumberger Technology Corp. mechanic has taken his fight to revive his false imprisonment claims to the Texas Supreme Court, asking the justices on Tuesday to overturn a lower appellate court's November ruling tossing the lawsuit he filed against the oilfield services company after he was arrested.
The desire of large law firms to set up shop and grow in Dallas appears to have reached near-frenzy levels, with reports of new offices springing up, mergers being inked, and fierce competition in the lateral market replete with hefty paychecks.
After months of rumors and negotiations, the merger between Texas-based Andrews Kurth Kenyon LLP and Virginia's Hunton & Williams LLP has been resoundingly approved by partner votes at both firms, and the union is on track to completion by the end of the quarter, the firms announced Wednesday.
Hundreds of investors in the Stanford Ponzi scheme urged the Fifth Circuit on Monday to overturn a $120 million deal settling claims that broker Willis Ltd. fraudulently induced their investments, arguing that the settlement funds inexplicably go to the Stanford receiver and the terms of the deal indefensibly bar further claims against Willis.
The Federal Circuit on Tuesday upheld U.S. District Judge Rodney Gilstrap’s decision to invalidate claims in four Integrated Technological Systems Inc. patents tied to money transfers in the newest of several high-profile decisions over how to interpret the U.S. Supreme Court’s Alice test.
The University of North Texas Health Science Center will pay the federal government $13 million to settle allegations that it was inaccurate in tracking and paying researchers who were working on federal research grants sponsored by the National Institutes of Health.
A federal judge in Massachusetts on Tuesday kept alive, but transferred to Texas, a small storage facility’s claim that misleading website URLs undercut state and federal antitrust and trademark laws for an edge in Google search results.
The Second Circuit’s recent decision that the First Amendment does not shield social welfare organizations from disclosing their donors should also undermine Exxon Mobil Corp.’s free speech claims against state climate change probes, New York Attorney General Eric Schneiderman’s office told a federal judge Friday.
Texas artificial intelligence company SparkCognition on Tuesday said its series B funding round, led by the corporate venture capital arm of Verizon Communications Inc., reaped $56.5 million by its official close, up from the $32.5 million the company initially announced it raised in June.
The U.S. Supreme Court on Tuesday declined for a second time to review the Fifth Circuit’s denials of a Mexican native’s bid to reopen his deportation hearing based on what he argued was new legal precedent set by the high court.
BP PLC has asked a Texas federal court to dismiss claims from two-thirds of the investor suits in multidistrict litigation related to the 2010 Deepwater Horizon spill, arguing that a recent U.S. Supreme Court case made clear that some claims based on company statements from before the spill should be barred by the statute of repose.
A Houston energy company says its refusal to pay a bribe to officials with Venezuela's state-run energy company Petroleos de Venezuela SA cost it $470 million and forced it out of business, according to a federal lawsuit filed in Houston on Friday.
Akerman LLP has expanded its government affairs and public policy team in Texas with the addition of three former Gardere Wynne Sewell LLP international trade attorneys to its Dallas office, the firm announced Monday.
Two new policies from the U.S. Department of Justice, along with ongoing developments concerning the elements of scienter and materiality stemming from the landmark U.S. Supreme Court decision in Escobar, have the potential to significantly change the landscape of False Claims Act enforcement in the year ahead, say attorneys with Holland & Knight LLP.
In the hopes of piquing the interest of jurors and minimizing hardship requests, more and more judges are encouraging parties to make “mini-openings” prior to voir dire. You can use this as an opportunity to identify your worst jurors and get them removed from the panel — by previewing your case weaknesses and withholding your strengths, says Christina Marinakis of Litigation Insights.
When states and municipalities rebuild permanent infrastructure following disasters, they may be able to reduce the damages caused by eminent domain by planning carefully. In particular, examining preventative solutions allows more time for planning and designing projects to reduce future damages to owners, says Briggs Stahl of RGL Forensics.
Multidistrict litigation is an ever-expanding driver of product liability litigation, but when the MDL process runs its course there is often still a trial to be had, and there are strategic and practical decisions to consider once a case has been remanded. Brandon Cox and Charissa Walker of Tucker Ellis LLP offer tips on how to navigate the remand process.
As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.
Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.
Law firms claim they create client teams to improve service. Clients aren’t fooled, describing these initiatives as “thinly veiled sales campaigns.” Until firms and client teams begin to apply a number of principles consistently, they will continue to fail and further erode clients’ trust, says legal industry coach Mike O’Horo.
In 2017, courts considered important trade secret issues, including the federal Copyright Act’s preemptive power as it relates to trade secrets claims, and temporary injunctions based on mere possession of trade secrets, say attorneys with Faegre Baker Daniels LLP.
In case someone at the Super Bowl party you attend wants to talk about legal issues, here are some recent NFL-related intellectual property disputes to discuss, says David Kluft of Foley Hoag LLP.
Because courts have not modernized as quickly as companies like Amazon, Tesla and Apple, Americans are becoming increasingly dissatisfied, but technological innovations may be able to help Americans access their due process, says Stephen Kane of FairClaims.