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Wednesday, April 6, 2011

Y! Alert: Texas Lawyer


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Appellate Lawyer of the Week: First Time's the Charm Top
Sometimes, all it takes to become a victorious lawyer is knowing a lot about one area of the law. An Austin lawyer can make that claim, after winning a significant oil and gas law victory on his first trip to the Texas Supreme Court. He made his first trip to the high court when he appealed a unanimous decision from Austin's 3rd Court of Appeals in Railroad Commission of Texas and Pioneer Exploration Ltd. v. Texas Citizens for a Safe Future and Clean Water, et al.
 
Suit Blames SEC for Stanford Investment Losses Top
Eight individuals and a Louisiana company filed a Federal Tort Claims Act suit March 24 against the federal government, alleging they lost their investments in Stanford International Bank Ltd. because of the negligence of U.S. Securities and Exchange Commission employees. Plaintiffs allege that an SEC Office of Inspector General report issued in March 2010 found that the SEC's Fort Worth office had known since 1997 that Stanford likely was "operating a Ponzi scheme," but it wasn't until February 2009 that the SEC sued Stanford.
 
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