• Haynes and Boone Team Breaks SEC’s Winning Streak in Administrative Proceedings Client Win
    Haynes and Boone Breaks SEC Winning Streak in Litigated Administrative Proceedings

    A team of Haynes and Boone lawyers have achieved a rare victory against the Securities and Exchange Commission (SEC) Division of Enforcement in a venue in which the government has lost only once over the last three years. Until the decision Wednesday, the SEC had won 22 of the last 23 litigated hearings before its administrative law judges, including every single case brought in FY 2014. 

    The extraordinary victory came in the firm’s representation of Bill Yancey, the former CEO of Penson Financial and an accomplished, highly regarded brokerage executive with more than 30 years in the securities industry. When the action was first brought, the SEC’s enforcement staff publicly accused Mr. Yancey of failing to supervise two employees regarding securities trade closeout and delivery obligations.

    Kit Addleman, the Dallas-based litigation partner who heads the firm’s SEC Enforcement Defense Practice, said the decision from Administrative Law Judge Jason S. Patil was a complete defense victory. As the judge stated in his opinion, the evidence and testimony presented by the Haynes and Boone team “was frankly overwhelming.”

    The trial team consisted of Dallas Partners Addleman and Ron Breaux and Dallas Associates Scott Ewing and Sarah Mallett. They were aided by Houston Associate Robert Carlton and Dallas Associate Jamee Cotton

  • Firm receives Corporate Ally Award Firm Recognition
    Firm Wins Prestigious GLBT Award Haynes and Boone, LLP will receive the Corporate Ally Award at the annual Celebration of Excellence hosted by the North Texas GLBT Chamber of Commerce.
  • Deb Coldwell Honors
    Deborah Coldwell Receives 12th Legal Eagle Honor from Franchise Times Deborah Coldwell of Haynes and Boone, LLP has been named a 2015 Legal Eagle by the Franchise Times, marking her 12th consecutive year receiving the award.
  • Law 360 Diana Liebmann in Law360
    Liebmann Comments on Proposed Changes to Renewables Standard Renewable energy developers will have to reconfigure project financing and may shy away from placing new projects in Texas if state lawmakers approve a proposal to eliminate the state's renewable portfolio standard and shut down the market for trading renewable energy credits, lawyers say.
  • Houston Equal Rights Ordinance Win Client Win
    Haynes and Boone Team Represents City in Houston Equal Rights Ordinance Win A state district court judge has found that opponents of Houston’s equal rights ordinance failed to gather the necessary number of valid signatures to force a repeal referendum, a victory for the city and its team of Haynes and Boone, LLP defense lawyers.
  • Thad Behrens Touchdown
    Haynes and Boone Garners National Attention for "A Series of Touchdowns" Scored on Behalf of the NFL in Super Bowl Seating Trial

    The verdict in the federal jury trial arising from the issues with the installation of temporary seating at Super Bowl XLV continues to garner national attention.  As quoted in the New York Times, Haynes and Boone partner and lead trial attorney Thad Behrens noted that “the NFL has always accepted responsibility for the problems that were experienced by some of its fans at Super Bowl XLV and has attempted from the beginning to compensate them for their genuinely received losses and inconvenience."  But on the most disputed issue in the trial—whether the League fraudulently induced two of the plaintiffs into purchasing seats with obstructed views for the game—the NFL prevailed decisively.  NBC Sports hailed the verdict as “a big win for the league.”  The Texas Lawbook called the verdict in the case the latest in “a series of touchdowns for the NFL’s lawyers, who all practice at Haynes and Boone.”  
     
    When the case was filed in February 2011, the plaintiffs designed it as a multi-million dollar class action on behalf of potentially hundreds of Super Bowl XLV ticketholders.   The Haynes and Boone trial team began dismantling the opposition back in July 2012 when the Court dismissed nearly all of the tort claims in the case.  That victory was followed by another in 2013, when the team secured the denial of class certification.  
     
    That led to Haynes and Boone’s successful defense of the League in the jury trial of the remaining seven Plaintiffs in the case. The Plaintiffs were seeking approximately $496,000 in actual and punitive damages. The Court granted a directed verdict in favor of the NFL on Plaintiffs’ punitive damages claims, and the jury ultimately awarded the Plaintiffs a total of only $75,850 – about $421,000 less than they were claiming. Of the victory, Thad Behrens said, “It has been a privilege and honor to represent the NFL in this case, and I couldn’t be more proud of the extraordinary team of Haynes and Boone lawyers and professionals who brought about this result for our client.”

    The jury verdict in this case comes less than two months after Haynes and Boone obtained the dismissal of all claims brought against the NFL in connection with a class action brought in New Jersey arising from claims that the NFL’s distribution of tickets to Super Bowl XLVIII violated New Jersey’s Consumer Fraud Act.

    Links to coverage - 

    Texas Lawbook (subscription required)

    NBC Sports

    New York Times (subscription required)

    ESPN


  • Kit Addleman Diversity
    Organization’s Annual Census Shows Progress for Women Moving into Texas Corporate Boardrooms The Board Connection, a Texas-based nonprofit organization, has released its annual census of women serving on the corporate boards inside the 45 Texas-headquartered Fortune 500 companies, and there is good news. The fifth edition of the census, sponsored in part by Haynes and Boone, LLP, shows significant progress in gender diversity in the boardroom, including an overall increase in the percentage of board seats filled by women.
  • Haynes and Boone Bankruptcy Practice Nominated as Chambers USA Team of the Year Bankruptcy
    Haynes and Boone Bankruptcy Practice Nominated as Chambers USA Team of the Year Haynes and Boone, LLP is pleased to announce its selection as one of only eight national firms shortlisted for the 2015 Chambers USA Award of Excellence as Bankruptcy Team of the Year.
  • Arthur A. Cohen Project Finance
    Haynes and Boone Advises Celanese in $150 Million Coal-fired Boiler Plant Conversion Haynes and Boone, LLP lawyers advised the Celanese Corporation on its recently completed conversion of its Narrows, Va., operation to natural gas-fired boilers, a $150 million investment that replaced coal-fired boilers with natural gas to generate the steam needed to run the plant.

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