Thompson & Knight LLP

One Arts Plaza, 1722 Routh Street, Suite 1500
Dallas, TX 75201, United States

  • 214.969.1700
  • 214.969.1751

Joint Development Trends in Oil & Gas Transactions

The development of shale plays continues to be the focus of the energy industry. According to the U.S. Energy Information Administration, almost a quarter of the estimated natural gas resources in the U.S. and approximately 24…more
| Commercial Law & Contracts, Energy & Utilities

Change In The Legal Climate: Budgeting And Project Management - Why budgeting and project management are more important than ever

The top three demands from chief legal officers, according to a 2013 survey by Altman Weil, are “more efficient project management,” “improved budget forecasting,” and “greater cost reduction” — all of which can be controlled by…more
| Commercial Law & Contracts

The EPA, H20, and Fracking: An EPA study of drinking water and hydraulic fracturing could have far-reaching implications for litigation

As many who work in the oil and gas industry are aware, the U.S. Environmental Protection Agency is pressing forward with a multiyear Study of the Potential Impacts of Hydraulic Fracturing on Drinking Water Resources. On January…more
| Energy & Utilities, Environmental Law

Courts Address Important Questions About Allocation Wells in Texas

The relatively recent drilling of horizontal wells continues to challenge settled Texas oil and gas law in several significant respects. Most recently, Texas courts have been faced with two important issues: (1) the legality of…more
| Commercial Law & Contracts, Energy & Utilities

Mary Mcnulty Quoted On Court Of Federal Claims Decision In Interest Netting Case

Mary McNulty was quoted in a Tax Notes Today article (subscription required) on the Court of Federal Claims decision in Wells Fargo. In Wells Fargo, the Court of Federal Claims found that a taxpayer may net underpayment…more
| Civil Procedure, Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions

Limitation on IRA Rollovers: Once Per Year Only

The Internal Revenue Service (“IRS”) has narrowed the rules relating to Individual Retirement Account (“IRA”) rollovers by withdrawing longstanding proposed rules to reflect a recent U.S. Tax Court ruling in Bobrow v…more
| Labor & Employment Law, Finance & Banking, Taxation

Texas Supreme Court: “Dose Matters” In Mesothelioma Cases Bostic v. Georgia-Pacific Corp., No. 10-0775

Yesterday, the Texas Supreme Court reaffirmed the substantial-factor standard of causation recognized in Borg-Warner Corp. v. Flores, and held that it applies in mesothelioma cases. The Court made clear that in…more
| Civil Procedure, Personal Injury, Products Liability

Texas Supreme Court opinions (7/14)

1. No. 10-0775, Bostic v. Georgia-Pacific Corp. -- This is a mesothelioma case. The overarching issue is whether the causation standard announced in Borg-Warner Corp. v. Flores (which was an asbestosis case) also applies to…more
| Civil Procedure, Civil Remedies, Products Liability, Toxic Torts

So You’ve Got A Cybersecurity Policy – What Next?

After hearing about the major data breaches at companies like Target, Michael’s, and Neiman Marcus, ABC Corp. realizes it needs to protect itself from such an attack. So it consults with its attorneys, identifies where it is…more
| Commercial Law & Contracts, Consumer Protection, Privacy, Science, Computers, & Technology

Offshore Asset Reporting: Rules, Enforcement, and Options for Compliance

In this presentation: -Overview: Reporting Regimes for Offshore Assets -Department of the Treasury: Report of Foreign Bank and Financial Accounts (FBAR) -Form 8938, Statement of Specified Foreign Financial…more
| Finance & Banking, International Law & Trade, Taxation

Supreme Court Provides Standard for Evidentiary Hearing in IRS Summons Enforcement Proceeding

On June 19, 2014, the Supreme Court unanimously ruled that taxpayers have a right to an evidentiary hearing in an IRS summons enforcement action when the taxpayer “offers some credible evidence supporting his charge” of improper…more
| Civil Procedure, Taxation

Court of Federal Claims: Merged Corporations are the Same Taxpayer for Interest Netting

In Wells Fargo, the Court of Federal Claims held that a taxpayer may net underpayment balances and overpayment balances among merged entities under Section 6621(d). Section 6621(d) provides that, to the extent the “same…more
| Commercial Law & Contracts, Mergers & Acquisitions, Taxation

Tax Reform Act of 2014: Potential Impact on Tax-Exempt Organizations

Many of the provisions in the proposed Tax Reform Act of 2014 (“TRA 2014”) released earlier this year would adversely impact tax-exempt organizations. For example, TRA 2014 would remove the long-time exclusion from unrelated…more
| Taxation, Nonprofit Law

Supreme Court Closes Term with Significant Employment-Related Ruling

Today the U.S. Supreme Court issued the last of its opinions for the 2013-2014 annual term. Included was Burwell/Health and Human Services v. Hobby Lobby, a case addressing a religious-based challenge to contraceptive-related…more
| Civil Procedure, Commercial Law & Contracts, Constitutional Law, Labor & Employment Law, Health

Supreme Court Rejects NLRB Appointments

Yesterday the U.S. Supreme Court ruled that President Obama did not have the authority to make recess appointments—appointments that bypass the normal Senate-approval process—of three members of the National Labor Relations…more
| Constitutional Law, Elections & Politics, Labor & Employment Law
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Areas of Practice
  • Alternative Dispute Resolution (ADR)
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Number of Attorneys

100+ Attorneys

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