A Galveston, Texas, judge tossed a more than $400 million judgment, which an ex-wife had previously won against her former spouse and his family's business, based in the Kingdom of Bahrain. The judge tossed the judgment after the ex-husband's lawyer alleged she engaged in incessant forum shopping.
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A leading provider of well services to the U.S. and Canadian oil and gas industry filed for bankruptcy last week in Houston after reaching a debt-restructuring agreement with its lenders.
Weil, Gotshal & Manges represents Silver Run Acquisition Corp. of Houston in its pending acquisition of a controlling interest in a Denver-based oil and natural gas company that turned to Vinson & Elkins.
A Houston firm now elects sharerholders twice a year to benefit associates who took the bar exam in February.
In a recent survey conducted across ALM’s legal news websites for about three days, 170 respondents out of more than 200 said they would work longer or stay the course to stave off investment pinches.