An investor in WildHorse Resource Development Corp. has filed a New York federal court suit accusing the oil and gas company of failing to disclose enough information to allow shareholders to make an informed vote on a proposed $3.98 billion merger with Chesapeake Energy Corp.
A Texas appeals court on Tuesday revived Renate Nixdorf GmbH & Co. and Watercrest Partners LP’s suit seeking nearly $50 million from lost real estate investments, saying the trial court erred when it dismissed claims that the money had been hidden from them in sham companies in order to avoid payouts.
Thirty-five states and the District of Columbia can participate as amici during oral arguments in an upcoming U.S. Supreme Court case dealing with residency requirements for out-of-state liquor retailers, the court ruled Friday.
Texas-based WatchGuard Inc., which provides law enforcement with mobile video cameras and software, withdrew its planned $75 million initial public offering on Wednesday, more than a year after it was originally filed with the U.S. Securities and Exchange Commission.
Schlumberger Technology Corp. owes more than $1 million to a frac sand company for allegedly breaching an agreement to buy a certain amount of the sand each quarter, according to a lawsuit filed in Texas on Friday.
A Ukrainian company on Thursday appealed to the Fifth Circuit, seeking to overturn a December ruling that finalized the confirmation of a $147 million arbitration award issued in favor of U.S.-based Carpatsky Petroleum Corp. in a dispute over a soured oil and gas development deal.
The Democrat-controlled U.S. House of Representatives moved late Thursday to defend the Affordable Care Act against an existential legal threat, tapping Munger Tolles & Olson LLP partner Donald B. Verrilli Jr. — who as U.S. solicitor general helped defeat another suit aimed at destroying the ACA — to represent them.
A longtime Harris County judge who was swept out of office in November's “blue wave” midterm election has returned to the firm whose doors he helped open, Susman Godfrey LLP, the firm said Thursday, and is diving right into trial prep for a $171 million dispute over allegedly defective oil-drilling valves.
A California appeals court on Thursday rejected a bid by a wind farm executive to toss a suit against him for allegedly secretly recording a business associate, deciding that the action was not part of a protected judicial activity that might block the claims.
Bradley Arant Boult Cummings LLP has hired the co-founder of a highly regarded Texas trial boutique to lead the firm's new Dallas office, where he will be joined by eight members of his former firm, according to Bradley Arant's Thursday announcement.
Texas' State Commission on Judicial Conduct on Wednesday promptly suspended the embattled Rodolfo “Rudy” Delgado just after he was sworn in as a justice on the state's Thirteenth Court of Appeals, citing pending federal bribery charges.
The Consumer Financial Protection Bureau said Thursday that USAA Federal Savings Bank will pay a $3.5 million fine and more than $12 million in restitution to customers to settle agency claims stemming from a probe of the bank’s stop-payment, error resolution and account reopening practices.
A Texas appellate court axed about $45 million of a jury award stemming from a dispute between business partners who planned to buy oil and gas leases and flip them for a profit, holding there wasn't enough evidence to show an actual partnership between the members or a conspiracy to cut some out of the deal.
A Texas bankruptcy court Thursday gave Parker Drilling Co. permission to take up to $50 million in debtor-in-possession financing to stay in operation through the offshore drilling services provider's Chapter 11 restructuring.
The franchise owner of nine closed Dickey's barbecue restaurants urged a California federal court Wednesday to stop the chain from forcing him into arbitration over whether he breached his franchise agreements by closing the eateries, saying the arbitration provisions are unenforceable.
A Texas appeals court has revived a woman’s claim that chemicals leaking from a passing truck onto the hood of her car caused a host of medical problems for her and her children, overturning a previous summary judgment ruling in favor of an oil recycling company.
FisherBroyles LLP has lured to its Houston office a new partner whose tenure at a northeastern U.S. physical therapy network bolstered her authority as a seasoned health care industry litigator, the firm announced Wednesday.
A Texas attorney accused by Edelson PC of using the class action objection process to extort class counsel must turn over information about his work in Illinois, including how he settles objections and how he gets paid, a federal judge ruled Thursday.
At the request of 10 state attorneys general, the lawyers representing airline passengers in line for a $60 million settlement from two of the nation’s largest airlines asked a D.C. federal court on Wednesday to delay ruling on the plaintiffs' motion for attorneys' fees in the price-fixing multidistrict litigation.
Exxon Mobil Corp. subsidiary XTO Energy has been hit with a lawsuit by the partial owner of oil and gas wells in New Mexico, alleging for years it has been “grossly negligent” in its operations by overcharging for overhead expenses and running dozens of unprofitable wells.
When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.
For the first time in 15 years, Federal Rule of Civil Procedure 23, governing class actions, has been amended. There are five key changes that will likely impact future federal class action litigation and settlements, say John Lavelle and Terese Schireson of Morgan Lewis & Bockius LLP.
Many of the issues that are most likely to draw the attention of state lawmakers next year — including cybersecurity, internet and data privacy, blockchain and cryptocurrencies, sales taxes on remote sellers, transportation and telecommunications infrastructure, and marijuana — are already familiar, says Korey Clark of State Net Capitol Journal.
While stadiums have not been economically beneficial for local communities historically, new sports-oriented mixed-use projects built closer to urban areas — such as Atlanta's SunTrust Park — offer opportunities to revitalize underutilized properties and create true public-private partnerships, say Maxine Hicks and Andrew Much of DLA Piper.
At least 29 Texas lawmakers have vowed to introduce legislation in January that would prohibit local governments from implementing paid sick leave ordinances. However, it likely would not let employers completely off the hook, as U.S. workers may see some form of federal paid leave soon, says Steve Roppolo of Fisher Phillips.
Geographic targeting orders released this month indicate that the Financial Crimes Enforcement Network remains concerned about money laundering risks in the real estate sector — and the anonymity of transactions that use virtual currency, say attorneys with Mayer Brown LLP.
Two holdings from the U.S. Supreme Court's opinion in Weyerhaeuser v. U.S. Fish and Wildlife Service Tuesday are likely to limit the service’s interpretation of its authorities and provide the regulated community with the ability to challenge critical habitat designations under the Endangered Species Act, say Paul Weiland and Svend Brandt-Erichsen of Nossaman LLP.
Permitting jurors to submit written questions, or even to pose questions orally to witnesses on the stand, advances several important goals and promotes both fairness and efficiency, says Matthew Wright of McCarter & English LLP.
The California Supreme Court's recent decision in Sheppard Mullin v. J-M Manufacturing has cast doubt on arbitration clauses in attorney engagement agreements, jeopardizing the efficient resolution of malpractice claims and fee disputes, say Sharon Ben-Shahar Mayer and Mark Drooks of Bird Marella Boxer Wolpert Nessim Drooks Lincenberg & Rhow PC.
Attorneys at Albert Einstein College of Medicine, Perkins Coie LLP and the Healthcare Association of New York State reflect on lessons they learned the hard way when transitioning to in-house counsel positions.