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News
Players Win Relief From Stanford Receiver's Clawback Attempt
Texas Lawyer
Monday, November 23, 2009
A group of current and former professional baseball players recently won a big victory in a courtroom instead of on the ball field. Because of a 5th Circuit ruling, the seven ballplayers and about 500 other investors will be able to keep money they earned on CDs they purchased from Stanford International Bank. Gene Besen (pictured) represents the players.
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FDIC Sues Baker Botts Seeking S&L Investigation Info
The National Law Journal
Monday, August 10, 2009
The Federal Deposit Insurance Corp. has hit Baker Botts with a suit seeking information that the firm uncovered in its investigation of a defunct Texas savings and loan.
Credit Suisse, Deutsche Bank Settle With Huntsman for $1.73 Billion
Texas Lawyer
Monday, June 29, 2009
Instead of spending weeks in trial in Conroe, Gibbs & Bruns partner Kathy Patrick will have time to spend with her children this summer, an unexpected pleasure that occurred because her client, Huntsman Corp. of The Woodlands, agreed to a $1.73 billion settlement with Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc.
A Deal Undone: Company Takes on Banks It Alleges Backed Out of Funding Merger
Texas Lawyer
Monday, June 8, 2009
The latest courthouse showdown in one of the biggest business disputes of the decade kicks off this month in Conroe as Huntsman Corp. seeks as much as $4.65 billion in damages from two banks that backed out on financing a merger between Huntsman and Hexion Specialty Chemicals Inc. in 2008. Robin Gibbs (pictured) represents Huntsman Corp. in its suit against Credit Suisse Securities (USA) LLC and Deutsche Bank Securities.
Plaintiff Alleges Firm Didn't Properly Perfect Security Interests
Texas Lawyer
Monday, June 8, 2009
The insolvency administrator for a German aviation company sued Mayer Brown in state district court in Houston on May 27, alleging the firm was grossly negligent when it failed to properly file some financing documents related to an $8 million loan the company purchased from a bank. Michael Collins (pictured) is one of the lawyers representing the plaintiff.
Former U.S. Attorney Named Receiver in Millennium Bank Case
Texas Lawyer
Friday, April 17, 2009
Richard Roper, former U.S. attorney for the Northern District of Texas and now a partner in Dallas' Thompson & Knight, on March 26 was appointed the receiver in Securities and Exchange Commission v. Millennium Bank, et al. As receiver, he'll take control of the assets and records of Millennium Bank and the other defendants.
