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Houston Office
2990 Richmond Avenue
Suite 400
Houston, TX 77098
Phone: (713) 960-8895
Fax: (713) 522-2610
E-mail: Contact Us

San Antonio Office
15307 Umber Oak
San Antonio, TX 78232
Phone: (210) 347-4831
Fax: Toll free
(866) 574-7331
E-mail: Contact Us


Business Organizations & Transactions e-Newsletter

News

News

Business

[08/20] NY restaurant uses 1933 prices; Steaks: 90 cents
[08/13] Ohio man buys new truck with thousands of coins
[08/01] Clothing store opens bar in middle of sales floor
[08/22] Illinois community fights to save prison, jobs
[08/22] Some parents struggling with back-to-school buys
[08/19] Dividend checks to be distributed early in Alaska

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Construction

[08/15] Cyrela Announces 56% of the Sales Speed of 2Q08 Launches and 60% Growth in 1H08 EBITDA
[08/14] EUCATEX Reports Net Income of R$ 30.7 Million for the First Semester of 2008, a 48.4% Growth Compared to 1H07
[08/14] Small Lot Development Represents New Model of Homeownership in South Los Angeles
[08/14] Exousia Advanced Materials, Inc. Receives First China Purchase Order from Greenview Products
[08/14] Case Handyman and Remodeling of Charlotte Listed as One of the Largest Area Residential Remodelers
[08/14] Xinyuan Real Estate to Report Second Quarter 2008 Financial Results on September 2, 2008

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Mergers and Acquisitions

[08/15] GEOCAN Energy Inc. Announces Second Quarter 2008 Results
[08/15] Republic again rejects Waste Management buyout bid
[08/14] Acorn Energy Completes Acquisition of Coreworx, Leading Energy Infrastructure Software Provider
[08/14] PAREXEL Closes the Acquisition of ClinPhone
[08/14] Analyst: Cablevision not seeking acquisitions
[08/14] MUFG: Willing to talk with UnionBanCal on takeover

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Real Estate

[08/15] General Shopping Brasil Posts 74.3% Increase in Gross Revenue in 2Q08 and 67.6% in 1H08. Adjusted EBITDA Rises 96.0% in 2Q08
[08/15] Cyrela Announces 56% of the Sales Speed of 2Q08 Launches and 60% Growth in 1H08 EBITDA
[08/15] Trump to buy McMahon's home, let him live there
[08/14] Small Lot Development Represents New Model of Homeownership in South Los Angeles
[08/14] Florida's Existing Home, Condo Sales Improve in 2Q 2008 Compared to 1Q 2008
[08/14] Xinyuan Real Estate to Report Second Quarter 2008 Financial Results on September 2, 2008

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Case Summaries

Contracts

[08/27] County of Santa Clara v. Astra USA, Inc.
In a lawsuit brought by certain federally funded medical clinics claiming that they have been overcharged for certain prescription drugs in violation of pharmaceutical pricing agreements between the Secretary of Health and Human Services and drug manufacturer defendants, dismissal of the complaint for failure to state a claim is reversed where plaintiffs are intended direct beneficiaries of those agreements and thus had the right to enforce the agreements' discount provisions against the manufacturers and sue them for reimbursement of excess payments.

[08/27] Gander Mountain Co. v. Cabela's, Inc.
In a case arising from a contract dispute involving a 1996 transaction between the parties, summary judgment for plaintiff on a counterclaim, finding that a provision at issue was unenforceable because it was merely an agreement to agree, is affirmed over claims that the district court violated the law-of-the-case doctrine and erred in granting summary judgment.

[08/27] Fidelity and Guaranty Ins. Co. v. Star Equip. Corp.
In a dispute arising over a construction contract, enforcement of a settlement agreement and grant of summary judgment are affirmed where: 1) a hand-written agreement contemplated execution of a more formal agreement does not preclude enforcement of the hand-written agreement; 2) the terms of this settlement were clear and unambiguous; 3) there was no error in the district court's order enforcing the Settlement Memorandum of Agreement as a settlement agreement that disposed of all the claims in the case except the indemnification dispute; and 4) Fidelity is entitled to indemnification because defendants failed to present any material facts which would give rise to a factual dispute as to a 'want of good faith' on the part of Fidelity.

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Corporation & Enterprise Law

[08/26] Brady v. UBS Fin. Servs., Inc.
In a suit brought against one company and another which plaintiff contended was its alter ego for payment on certain bonds issued by defendant, dismissal of the claims is reversed where: 1) plaintiff acquired a right to sue on the Stated Maturity of his bond and that remedy was not time barred; and 2) furthermore, plaintiff's claims are not barred by res judicata.

[08/26] Grynberg v. Total S.A.
In two suits against oil companies raising tort claims for breach of fiduciary duty and equitable claims for unjust enrichment involving potential oil and gas reserves in Kazakhstan, summary judgment for defendants is affirmed where the claims were barred by the applicable statute of limitations and laches.

[08/26] Mamot Feed Lot & Trucking v. Hobson
In a class action raising federal usury and antitying claims against a bank, its holding company, and various shareholders, officers, and employees of the bank, following the criminal indictment of the bank's president for defrauding the bank of nearly one million dollars, dismissal of the claim is affirmed where: 1) as sections 85 and 86 do not apply to state-chartered banks, the district court properly dismissed those claims brought under the National Bank Act for want of jurisdiction; 2) the district court properly dismissed a claim under 12 U.S.C. section 1831d for failure to state a claim; and 3) the complaint provided absolutely no facts to support an illegal tying claim.

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