Haynes and Boone News

Haynes and Boone in Law360: ETP, Enterprise Duel Over Final Word in $1B Pipeline Case

Energy Transfer Partners LP and Enterprise Products Partners LP are awaiting a Texas trial judge’s final ruling after arguing Friday over whether ETP can collect more than $1 billion on a jury verdict that found Enterprise breached their partnership intended to build a crude oil pipeline. >>

Haynes and Boone in Mergermarket: Foreign Deals in Mexico’s Oil Industry Could Take Shape in 2015

International oil and gas companies and service providers could begin striking deals in Mexico’s oil and gas industry in 2015, once legal changes become more clear, according to energy bankers and lawyers in Mexico and the US. >>

Katie Chatterton in the Wall Street Journal: Immigrant Children Face a Long Journey Upon Arrival

Jordi Castanon illegally crossed into the U.S. at the age of 15 in 2009, seeking to run away from his abusive father in Guatemala. Mr. Castanon, now 20, is still waiting for his immigration case to be completed. >>


Recent Publications

Law360 Guest Article: A Victory For State Anti-SLAPP Laws

As more states adopt anti-SLAPP legislation (i.e. Oklahoma’s passage this spring and Nevada’s expansion of its anti-SLAPP statute last year), more federal courts must decide whether such laws create a substantive right that should be applied by the federal judiciary. >>

New IRS Ruling Permits Deferred Compensation Opportunities for U.S. Fund Managers of Offshore Hedge Funds

The Internal Revenue Service (“IRS”) recently issued Revenue Ruling 2014-18 (the “Ruling”) allowing the deferral of compensation from offshore hedge funds through the use of stock options (“Options”) and stock-settled stock appreciation rights (“SARs”) without running afoul of Section 457A of the Internal Revenue Code (“Section 457A”). >>

Negotiating Restrictive Covenants that Diminish the Ability of Landlords to Enter into Leases and Grant Signage Rights

Putting aside governmental regulations, such as zoning regulations, landmarks regulations and laws prohibiting transactions with entities believed to be conducting business with terrorists, one would think that the owner of a commercial building could freely lease its space to the most qualified and attractive tenants, and could grant identifying signage rights to these tenants to facilitate the consummation of a deal. But this is not always the case. >>

Hastings Entertainment Special Committee Advised in Merger By Haynes and Boone Legal Team

Hastings Entertainment, Inc. reported July 15 that its shareholders approved the merger of Hastings and Draw Another Circle, LLC at a special meeting of Hastings’ shareholders in Amarillo, Texas.

The transaction is valued at about $21.4 million. The vote and merger come after a Texas federal court judge earlier denied a motion for preliminary injunction to halt the deal.

Tom Harris in Dallas Business Journal: Merger mania sweeps Texas, Dallas

In the midst of Texas’ economic prosperity is roaring activity in its mergers and acquisitions market, with the state seeing its highest rate in years during the first half of 2014 ...

Haynes and Boone ranked fifth in Mergermarket’s data for number of deals, completing 19 in the first six months of the year. That netted more than $1.3 billion. Last year, the firm brought in nine deals.

Jason Bloom in Yahoo Finance: Could Aereo Come Back from the Dead?

Controversial online television service Aereo is trying to make a comeback, after the Supreme Court ruled last month it was violating copyright laws by transmitting local channels over the Internet.

Now Aereo says in a new court filing that it wants to be treated just like cable TV carriers, which are entitled to carry local broadcast channels if they pay a government-set compulsory license fee. That’s the opposite of what the Barry Diller-backed startup had argued for the past two years, when it claimed to be providing customers with individual service via thousands of tiny TV antennas.

Southern Methodist University Board of Trustees Elects Haynes and Boone Co-Founder Mike Boone as Chair

DALLAS – Haynes and Boone, LLP co-founder and Partner Mike Boone has been selected chair of the Southern Methodist University (SMU) Board of Trustees. Boone has been an SMU trustee since 1996.

As chair, Boone will lead the university’s 42-member governing board and serve as co-chair of SMU Unbridled: The Second Century Campaign, a program focused on raising $1 billion for scholarships, faculty and academic excellence, and campus housing. He also serves as the vice chair of the Dedman Law School’s Executive Board.