SHERMAN – A federal defamation lawsuit asserts that Charles Schwab Corp. was influenced by negative media reports about Chapwood Capital Investment Management, LLC in its decision to sever its professional relationship with the suburban Dallas-based firm.
White House News
On November 4, 2014, when the 51-year-old Ken Paxton was triumphantly elected Attorney General of Texas, defeating his Democrat opponent, the euphoniously named Sam Houston, by over 20 percentage points, the conservative movement in the Lone Star State had a new rising star. Paxton’s enemies were worried; the Tea Party favorite, an impressive University of Virginia law school graduate, seemed bound for the Governor’s mansion, a prospect that made the state’s centrist GOP Establishment aghast. Paxton’s political career had been nothing short of meteoric. First elected to public office in 2002 with the support of grass-roots activists and evangelicals, Paxton represented his suburban Dallas district in the Texas House of Representatives for a decade before winning a coveted promotion to the exclusive 31-member Texas Senate in 2012.
It may be called the Lawsuit Abuse Reduction Act (LARA) of 2017, but U.S. Rep. Lamar Smith of Austin has been proposing this measure for years without success.
AUSTIN – On the first day of legislative bill filing, Lt. Gov. Dan Patrick released his list of top 10 legislative priorities for the 2017 Legislative Session, which includes hailstorm lawsuit reform.
BEAUMONT – Associated Builders and Contractors of Southeast Texas, Associated Builders and Contractors, Inc. and National Association of Security Companies won a preliminary injunction against portions of a presidential executive order that requires federal contracting officers to determine whether labor and employment law violations should keep contractors from winning government contracts.