KNOWING MATTERS

Corporate Webinar

One April 6, 2016, partners Doug Rayburn, Gerry Spedale and Jason Rocha, discussed selected topics for preferred unit issuances by MLPs, including:

  • Current environment for raising capital 
  • The types and features of preferred securities 
  • Recent preferred issuances 
  • Rating agency considerations

Watch the webinar now. 

Next Story / Breaking News

Baker Botts Jumps in AmLaw 100 Rankings

In 2015, the Houston-based firm topped $1 million in revenue per lawyer for the first time—"finally," says managing partner Andrew Baker. Specifically, RPL climbed 7.4 percent, to $1.01 million, and gross revenue rose 7.9 percent, to $704.5 million. Profits per partner  increased 6.2 percent, to $1.805 million.

Diversification was key to the firm's success. "While commodity prices were down, we're more diversified [than some other Texas firms], so we saw strong performance across the board," Baker says. Eight of the firm's top 15 clients, as measured by revenue generated for Baker Botts, are in the technology sector, not energy.

Still, one of the firm's splashiest successes in 2015 was for an energy client: a victory in district court in Fort Worth for Russian oil and gas company OAO Gazprom in a suit brought by Moncrief Oil International. Moncrief's $1.37 billion claim was dismissed with prejudice after the company was accused of producing a falsified key document.

Will 2016 be another record-breaking year? Baker says that's no sure thing, despite the firm's diversification. "It will be challenging," he says.

To read the Full article, Tech Work Shields Baker Botts From Energy's Slowdown, visit The American Lawyer website.

Next Story / True Story

Baker Botts Sponsors the production of What Wings They Were: The Case of Emeline

HOUSTON, April 27, 2016 - Baker Botts L.L.P., a leading international law firm today announced that it was sponsoring and co-underwriting the Houston Grand Opera’s production of What Wings They Were: The Case of Emeline.

The Opera tells the 1848 story of Emeline, a young African-American woman who successfully sued the man who was holding her and her two children as slaves. Emeline was represented by Houston lawyer Peter Gray. Gray was one of the founding partners of Baker Botts.

“The story of Emeline and her fight for justice really speaks to the principles upon which our firm was founded,” said Andrew M. Baker, Managing Partner of Baker Botts. “After 176 years, we are proud to still hold those traditions as part of the fabric of our firm, and are thrilled to be sponsoring this exciting production with the Houston Grand Opera,” added Mr. Baker.

The story, which was uncovered by State District Judge Mark Davidson, has been turned into a 40 minute opera by Houston based composer John L. Cornelius II and librettist Janine Joseph.

“The opera will be performed at the Houston District Court House, which was built on the grounds of the court house where the original Emeline trial was held,” said William Kroger, a Houston based partner at Baker Botts, who extensively researched the history of the firm.

The production will be performed on April 30th and May 1st, with special fundraising performances benefiting the Houston Bar’s Pro Bono efforts slated for May 3rd and 4th. In total, there will be ten performances, including performances at Houston area schools.

For additional information on the production, please click here.

Next Story / Intellectual Property

Baker Botts Wins another Patent Infringement Case for GENBAND against Competitor

DALLAS, March 18, 2016 - Baker Botts L.L.P., a leading international law firm, announced today that its client, GENBAND, won a jury verdict in a significant patent infringement case against its competitor, Metaswitch Networks.

“This second verdict is a clear demonstration of the well-earned reputation of the top-notch patent trial lawyers at Baker Botts and Deron Dacus of the Dacus Firm,” said Jody Bishop, Senior VP, Director of Legal for GENBAND. “Having back-to-back wins is outstanding, and we credit the efforts and talent of these patent litigators.&rdquo

“This is a marked success for our patent trial lawyers who provide vital Intellectual Property guidance to clients on some of the industry’s most technologically complex patent cases,” said Bart Showalter, a partner in the firm's Dallas office and Chair of the firm's Intellectual Property group.

In the case of Metaswitch v. GENBAND, in the Eastern District of Texas, Metaswitch was asserting infringement of six patents covering Voice-over-IP technology and sought $59 million in damages. The jury found that GENBAND does not infringe any of Metaswitch's six asserted patents and found that three of them are invalid.

The case follows a prior patent infringement case Baker Botts won for GENBAND against Metaswitch in January 2016 in the Eastern District of Texas, when a jury found that Metaswitch infringed seven of GENBAND's patents, and awarded $8.2 million in damages.

GENBAND and Metaswitch compete in selling the Voice-over-IP technology involved in both cases. Based on their win in the January 2016 case, GENBAND is seeking a permanent injunction and other relief from Metaswitch’s infringement.

The GENBAND team includes partners: Kurt Pankratz, Chad Walters, Nick Schuneman, and Susan Kennedy from Baker Botts LLP, and Deron Dacus from the Dacus Law Firm.

Next Story / Corporate Webinar

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