Senior reporter Brenda Sapino Jeffreys covers the business of law in Texas. Contact her at [email protected] On Twitter: @BrendaSJeffreys
July 24, 2006 | Texas Lawyer
Negligence Suit Results in $1.1 Million Judgment Against FirmA state district judge in Dallas recently signed a judgment ordering Akin Gump Strauss Hauer & Feld to pay a former client about $1.1 million in damages in a negligence suit.
By Brenda Sapino Jeffreys
4 minute read
March 10, 2003 | Texas Lawyer
Bitten by a COBRA?Jenkens & Gilchrist wants an arbitrator to decide claims brought by four disgruntled clients who allege in a $1.4 billion federal-court suit that the firm gave them faulty tax advice in 1999 that is now at issue as the Internal Revenue Service examines the taxpayers' returns.
By Brenda Sapino Jeffreys
11 minute read
August 31, 2009 | Texas Lawyer
Lawyer: Greed May Explain Former Stanford Associate's ActionsAfter pleading guilty on Aug. 27 to three criminal charges that could put him in prison for 30 years, James M. Davis, the former chief financial officer for Stanford Financial Group and Stanford International Bank Ltd., expressed remorse for his actions that contributed to the downfall of the bank and began more than a decade ago.
By Brenda Sapino Jeffreys
6 minute read
January 09, 2007 | Law.com
Will Departing White House Counsel Miers Return to Locke Liddell?Before Dallas lawyer Harriet E. Miers moved to Washington, D.C., to work for then-newly elected President George W. Bush in 2001, she was a co-managing partner of 384-lawyer Locke Liddell & Sapp and before that, managing partner of Dallas firm Locke Purnell Rain Harrell. Now that Miers -- briefly a nominee for the U.S. Supreme Court in 2005 -- has resigned as White House counsel, the big question is whether she will return to practice law at Locke Liddell. Miers' resignation is effective Jan. 31.
By Brenda Sapino Jeffreys
2 minute read
July 24, 2006 | Texas Lawyer
Andrews Kurth Loses Lawyers to Fish & RichardsonEight corporate and litigation lawyers recently left Andrews Kurth in Austin and joined Fish & Richardson.
By Brenda Sapino Jeffreys
3 minute read
November 17, 2006 | Corporate Counsel
Former Enron Chief Accounting Officer Gets 5 1/2 Years in PrisonFormer Enron Chief Accounting Officer Richard Causey, who pleaded guilty nearly a year ago to securities fraud, was sentenced on Wednesday to 5 1/2 years in federal prison. U.S. District Judge Sim Lake of Houston also sentenced Causey to two years of supervised release, fined him $25,000 and ruled that the $1.25 million Causey agreed to forfeit as part of a plea bargain is appropriate. Kathryn Ruemmler, an Assistant U.S. Attorney who prosecuted Causey, admitted that he provided some cooperation in the case.
By Brenda Sapino Jeffreys
4 minute read
May 23, 2006 | Law.com
London Calling to U.S. Companies Seeking to Go PublicWhen Houston's Frontera Resources went public in 2005, it raised close to $90 million in an initial public offering -- with the twist that its IPO was made on London's Alternative Investment Market. General counsel Scott Harper says Frontera chose the AIM over NASDAQ for several reasons, including SOX compliance costs. Nineteen U.S. companies went public on the AIM in 2005 alone. But attorney L. Steven Leshin says the AIM may not be the best route for small private companies from the United States.
By Brenda Sapino Jeffreys
8 minute read
June 09, 2003 | Texas Lawyer
Out on a LimbJeff Blackburn wins the Frank J. Scurlock Award.
By Brenda Sapino Jeffreys
6 minute read
July 27, 2007 | Law.com
K&L Gates in Merger Talks With Dallas' Hughes & LuceKirkpatrick & Lockhart Preston Gates Ellis is in merger negotiations with Dallas-based Hughes & Luce, with plans calling for a possible combination of the firms by the end of the year. Peter Kalis, chairman and managing partner of K&L Gates, says there is "enormous amount of enthusiasm" for the deal within his firm. The firms went public with the talks in order to stave off the rumor mill, says Edward Coultas, managing partner of Hughes & Luce: "Once you put anything out among two lawyers, it's out."
By Brenda Sapino Jeffreys
5 minute read
July 12, 2004 | Texas Lawyer
Ken Lay's Defense Strategy: Come Out Fighting, Seek Speedy TrialComments by former Enron CEO Kenneth Lay and his defense attorney show that he will vigorously fight federal charges that he conspired to conceal losses at his former company.
By Miriam Rozen and Brenda Sapino Jeffreys
15 minute read