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Texas

  • March 21, 2019

    US Can Sell $82M Yacht Linked To Nigerian Corruption Case

    A federal judge in Texas has approved a request from the U.S. Department of Justice and the Federal Republic of Nigeria to sell an $82 million mega-yacht linked to an ongoing Nigerian corruption case.

  • March 21, 2019

    Neiman Marcus' Defamation Suit Baseless, Marble Ridge Says

    Just days after its $1 billion fraudulent transfer lawsuit against Neiman Marcus was dismissed, Marble Ridge Capital urged a Texas trial court on Thursday to toss the defamation suit the retailer filed over statements the investment firm made about its debt.

  • March 21, 2019

    Most Of $4.4M Award Upheld In Fatal Texas Crash Suit

    A Texas appeals court on Thursday trimmed a $4.4 million award down to $4.2 million in a suit accusing a motorist of negligently hitting a motorcyclist and causing his death, saying the bulk of the award was supported by the evidence.

  • March 21, 2019

    5th Circ. Seeks Texas High Court Take On Dallas Pension Plan

    The Fifth Circuit has asked the Texas Supreme Court to analyze whether changes in the way retirees can access money from certain deferred accounts they hold as part of the Dallas Police and Fire Pension System flouted the state’s constitution.

  • March 21, 2019

    Ready Capital Nets $105M In Loans For Properties In 4 States

    Ready Capital said on Thursday that it has closed a slew of loans for acquisition and redevelopment purposes for properties in Texas, Florida, California and Illinois for a total of approximately $104.7 million.

  • March 21, 2019

    Equistar Asks Redo To Prove $5M Damages For Faulty Pumps

    Equistar Chemicals LP was wrongly prohibited from presenting evidence to a jury that would have shown its damages stemming from faulty ethane pumps were $5.1 million, as it argued, and not the $37,500 it was awarded, its counsel told a Texas appellate court on Thursday.

  • March 21, 2019

    Crypto Bank CEO Faces 5 Years After Copping To $4M Fraud

    Federal prosecutors have agreed to seek a five-year prison sentence for the CEO of now-shuttered AriseBank in exchange for his guilty plea in Texas federal court Wednesday to fraudulently raising $4.25 million through an unregistered initial coin offering for the bank’s proprietary digital currency, AriseCoin.

  • March 20, 2019

    Primate Trainer Gets $315K Defamation Award Reinstated

    A Texas appeals court on Wednesday reinstated a $315,000 jury verdict for the owner of a San Antonio tax preparation business who said she was the subject of an online defamation campaign stemming from her work as a primate trainer, overturning a trial court’s decision to throw out the verdict.

  • March 20, 2019

    What’s In A Judgeship? More Than Meets The Eye

    Figuring out what constitutes a manageable workload for the nation’s district judges is no simple task. Getting the judiciary the resources it needs is even harder.

  • March 20, 2019

    Swamped: How Magistrate Judges Salvaged Louisiana's Judicial Crisis

    The Western District of Louisiana is supposed to have seven district judges. But for a year, most of the courthouses were operating without a single Article III judge. As usual, magistrate judges picked up the slack.

  • March 20, 2019

    Burger King Franchisee Skirts Ill. Biometric Law, Worker Says

    The nation’s second-largest Burger King franchisee and its Illinois subsidiary got hit Tuesday with a lawsuit claiming its employees in the state were required to scan their fingerprints for timekeeping purposes in violation of the state’s Biometric Information Privacy Act.

  • March 20, 2019

    Chancery Rejects Minority Bid To Unseat Quantlab Founder

    A Delaware vice chancellor ruled Tuesday that insurgent minority members of a partnership that controls high-speed trading firm Quantlab Financial LLC cannot unseat the company's founder, ending a bitter fight for control of the billion-dollar business — for now.

  • March 20, 2019

    Fiat Chrysler Wants Texas Drivers' Faulty Fuel Pump Suit Axed

    Fiat Chrysler asked a Texas federal court Wednesday to slash a proposed class action alleging it sold diesel vehicles with defective fuel injection pumps that weren't compatible with American fuel standards and led to engine failure, saying the drivers' claims are short on facts.

  • March 20, 2019

    Squire Patton Atty Says Judge Smeared Him In Arbitration DQ

    A Squire Patton Boggs partner disqualified from arbitrating a fee dispute between a Chesapeake Energy subsidiary and the U.S. arm of a Chinese state-owned oil company wants in on the case now before the Fifth Circuit on appeal, claiming the lower court wrongly and unfairly tarred his reputation.

  • March 20, 2019

    Investors Claim Riverstone Misled Ahead Of $3.8B Deal

    A group of investors hit Riverstone Holdings LLC with a securities suit in Texas federal court Tuesday, alleging the energy private equity firm made misleading statements ahead of a unit's $3.8 billion acquisition of two companies.

  • March 20, 2019

    Jackson Walker Hires Ex-Houston Appellate Judge

    Jackson Walker LLP has hired a former justice from a Texas appellate court in Houston to co-lead the firm's trial and appellate litigation practice in the city.

  • March 20, 2019

    Hogan Lovells Adds Ex-Koch Counsel As Enviro Atty In Texas

    The former chief counsel of litigation for Koch Industries Inc. has joined Hogan Lovells' Houston office as a partner in its environmental and natural resources practice.

  • March 20, 2019

    Law Firm Leaders: Thompson & Knight's Mark Sloan

    Mark Sloan has served as managing partner for Texas-based Thompson & Knight LLP since 2015. He spoke to Law360 about the challenges he faces running a law firm in a fiercely competitive legal market such as Texas, as well as his law firm's plans for the future and his personal take on what it takes to be a successful law firm partner.

  • March 19, 2019

    Neiman Marcus Unravels Suit Claiming It 'Funneled' $1B

    A lawsuit alleging that Neiman Marcus orchestrated a plot to loot its own luxury department store and online retailer of more than $1 billion was dismissed Tuesday by a Texas district court judge who determined she lacked authority to hear the dispute.

  • March 19, 2019

    La. Appraisers Board Says 5th Circ. Got FTC Case Wrong

    The Louisiana Real Estate Appraisers Board is urging the full Fifth Circuit to rethink a panel decision upholding the Federal Trade Commission's antitrust enforcement action against the board’s fee rules, arguing the judges went against precedent.

Expert Analysis

  • Lenders Score Major High Court Victory In Foreclosure Case

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    The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.

  • Trial Counsel's Role On A Mass Tort Virtual Law Team

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    Trial counsel’s contribution to the virtual law team throughout the life cycle of a mass tort litigation rests in the key skill of viewing the case through the eyes of the ultimate audience for the defense, the jury, say attorneys at Covington & Burling LLP and Faegre Baker Daniels LLP.

  • Tech Trends From SXSW Pose Unique Questions For Lawyers

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    These days, a popular theme in media is that lawyers' jobs will be taken by robots. However, based on the tech issues discussed at the South by Southwest technology conference in Austin, Texas, last month, robots may in fact need lawyers, says Nick Abrahams of Norton Rose Fulbright.

  • Opposite Rulings Refine Scope Of Texas Sovereign Immunity

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    Last week, the Texas Supreme Court reached opposite conclusions in two sovereign immunity cases, reflecting the excruciating parsing of statutory text required to determine whether a claim against a local government is barred or is encompassed by a statutory waiver of immunity, says Lyndon Bittle at Carrington Coleman Sloman & Blumenthal LLP.

  • Is 'Manifest Disregard' Defense Only Mostly Dead In Texas?

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    While Texas state courts have barred use of the "manifest disregard of the law" defense in international arbitration matters, recent cases in the Fifth Circuit describe the doctrine alternatively as “alive but not well,” “dead,” or “triumphantly ‘back from the dead,” say James Rogers and Clarissa Medrano of Akerman LLP.

  • In Bar Admissions Process, It's Candor Or Bust

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    You passed the bar exam and are ready for the character and fitness committee interview. Time to think about how to discuss that minor incident in college, that misdemeanor in high school or that mental health issue that you have totally under control, says Richard Maltz of Frankfurt Kurnit Klein & Selz PC.

  • High Noon For Cryptocurrency Offerings In Texas?

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    A consent order entered by Texas securities regulators last month illustrates how Texas’ willingness to police crypto offerings — even when few state residents may have participated — will continue to complicate the regulatory environment, say Philip Bezanson and David Springer at Bracewell LLP.

  • Series

    Judging A Book: Bashant Reviews 'Doing Justice'

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    My initial reaction to "Doing Justice" was that author Preet Bharara may have bitten off more than he could chew — an accusation leveled against him when he served as U.S. attorney for the Southern District of New York — but I found the book full of helpful gems, says U.S. District Judge Cynthia Bashant of the Southern District of California.

  • Firms Can Leverage Communications When Economy Is Slow

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    Though most experts believe that an imminent recession is unlikely, slowdown fears are increasing. Now is the time for firms to consider how to best leverage their communications and marketing teams to lessen impacts from a potential economic slowdown, says Tom Orewyler of Tom Orewyler Communications LLC.

  • State Net

    Federal, State And Local Governments Vie For Control Of 5G

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    The next generation of wireless technology, 5G, could bring major advancements in everything from entertainment to public safety. But federal, state and local governments are at odds over how 5G should be deployed and who should regulate it, says Korey Clark of State Net Capitol Journal.