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Spotlight on Public Finance
Spotlight on Public Finance Fall 2016 Newslett er Featured Arti cle 1 Events 5 Practi ce Focus 3 Att orney Spotlight 6 Att orneys in Acti on 4 Did You Know? 7 FEATURED ARTICLE LEVERAGING PRIVATE SECTOR KNOW-HOW FOR SUCCESSFUL PUBLIC PROJECTS By Blakely Fernandez and Jane Macon Governmental enti ti es constantly struggle to address the competi ng demands of growing infrastructure needs, providing quality services and creati ng more economic growth opportuniti es, all while dealing with the reality of increased budget constraints. In the past decade, public-private partnerships (P-3s) have become a popular tool, at least in concept, to help governments balance these tensions. P-3s have been touted as the answer for infrastructure and services that governments don’t have the resources to address. But, any budget offi cer or other public offi cial who has looked closely at the private sector soluti ons knows that you never get something for nothing. The private sector might be willing to carry risk the public sector doesn’t want, or provide capital sooner than the public sector capacity allows, but these benefi ts come at a cost; and, someti mes, that cost is hard to measure. At the same ti me, there can be a real benefi t for early delivery of a project the public wants to see complete, and creati ng synergies with private development can build economic momentum, encouraging growth and investment beyond an initi al P-3. How then, does a public enti ty know when a P-3 is good deal? The fi rst and most important rule of thumb is that you can’t measure what you don’t understand. -
Election 2016: Looking Ahead to a Trump Administration
Election 2016: Looking Ahead to a Trump Administration November 17, 2016 2016 Election Results • Trump carried swing states (FL, IA, OH) as well as states that have traditionally voted blue in presidential races (PA, WI) • Michigan has 16 electoral votes, which will most likely go to Trump for 306 total • Popular Vote (as of 11/16/16): Clinton 47.6% / Trump 46.7%* *Source: USElectionAtlas.org Source: New York Times 2 “A Country Divided by Counties” • County results show Trump’s decisive gains were in rural areas in the rust belt/greater Appalachia 3 2016 Senate Results • Republican-Majority Senate • 48 Democrats / 51 Republicans • 1 seat yet to be called • Pence can vote on ties • Democrats gained 2 seats Source: New York Times, updated Nov. 14, 2016 4 2018 Senate Map • 33 Senate seats are up • 25 Democratically-held seats are up • Competitive seats: • North Dakota (Heidi Heitkamp) • Ohio (Sherrod Brown) • Wisconsin (Tammy Baldwin) • Indiana (Joe Donnelly) • Florida (Bill Nelson) • Missouri (Claire McCaskill) • Montana (Jon Tester) • New Jersey (Bob Menendez) • West Virginia (Joe Manchin) • Filibuster? Nuclear Option? 5 2016 House Results • Republican-Majority House • The Republican Party currently controls the House, with 246 seats, 28 more than the 218 needed for control • Final Results pending (4 seats yet to be called) • Democrats pick up ~7-8 seats Source: New York Times, updated Nov. 14, 2016 6 Trump’s Likely Cabinet Choices • White House Chief of Staff: Reince Priebus, the Chairman of the Republican National Committee • Strategic -
Kaplan V. S.A.C. Capital Advisors, L.P. 12-CV-09350-U.S. District Court
US District Court Civil Docket as of April 9, 2019 Retrieved from the court on April 9, 2019 U.S. District Court Southern District of New York (Foley Square) CIVIL DOCKET FOR CASE #: 1:12-cv-09350-NRB-KNF Kaplan v. S.A.C. Capital Advisors, L.P. Date Filed: 12/21/2012 Assigned to: Judge Naomi Reice Buchwald Date Terminated: 05/12/2017 Referred to: Magistrate Judge Kevin Nathaniel Fox Jury Demand: Plaintiff Related Cases: 1:12-cv-08466-VM Nature of Suit: 850 1:13-cv-05181-VM Securities/Commodities Jurisdiction: Federal Question 1:13-cv-00149-VM Cause: 15:78m(a) Securities Exchange Act Lead Plaintiff David E. Kaplan represented by Deborah Clark-Weintraub Individually and on Behalf of All Others ScottScott LLP Similarly Situated 500 Fisfth Avenue, 40th Floor New York, NY 10110 (212) 223-6444 Fax: (212) 223-6334 Email: [email protected] LEAD ATTORNEY ATTORNEY TO BE NOTICED James Craig McCarroll Reed Smith LLP (NYC) 599 Lexington Avenue New York, NY 10022 (212)-549-0209 Fax: (212)-521-5450 Email: [email protected] LEAD ATTORNEY ATTORNEY TO BE NOTICED Jordan W. Siev Reed Smith LLP (NYC) 599 Lexington Avenue New York, NY 10022 (212) 521-5400 Fax: (212) 521-5450 Email: [email protected] TERMINATED: 12/13/2016 LEAD ATTORNEY Christopher Chad Johnson Quinn Emanuel Urquhart & Sullivan (NYC) 51 Madison Avenue 22nd Floor New York, NY 10010 212-849-7000 Fax: 212-849-7100 Email: [email protected] TERMINATED: 09/22/2016 Emma Gilmore Pomerantz LLP 600 Third Ave, 20th Floor New York, NY 10016 (212) 661-1100 Fax: (212) 661-8665 Email: [email protected] ATTORNEY TO BE NOTICED Ethan David Wohl Wohl & Fruchter LLP 570 Lexington Avenue, 16th Floor New York, NY 10022 (212) 758-4000 Fax: (212) 758-4004 Email: [email protected] ATTORNEY TO BE NOTICED Evan K. -
Walking Tour – Houston Building Stones Revised 10/2008 Neal Immega – N [email protected] Houston Gem and Mineral Society, Houston Geologic Society
Walking Tour – Houston Building Stones Revised 10/2008 Neal Immega – [email protected] Houston Gem and Mineral Society, Houston Geologic Society Start at Main Street Metro North Bound (NB) on the east side of the map ‘HoustonBuildingStones WalkingTour.gif. You need to do this tour during business hours when you can get into the buildings. The whole tour takes about 90 minutes. IBC Bank – 1001 McKinney - Just inside the bld is a lobby faced with a limestone made of stoney bryozoa. Age unknown Jesse Jones Building – JPMorgan Chase 712 Main St. – built in the old style with lots of decorative stone. Outside is scored Indiana limestone. Interior has marble and colored travertine (a flowstone deposit). Esperson Building 808 Travis, 815 Walker Town Mountain Granite from Austin, Bedford oolite, marble and serpentine (Verde Antique) http://uts.cc.utexas.edu/~rmr/tmg.html http://www.vermontmarbleandgranite.com/marble/vermont_verde_ant.htm Granite Building with Texas Star decoration – No name. Enter on the McKinney side. Back lighted onyx in escalator lobby. Basement has a Cretaceous rudist limestone and a Paleozoic stromatoporoid limestone. Wells Fargo Bank Building – flame cut poikilitic granite as pavement, zoned feldspars on the outside wall. Dynegy – 1400 Smith St. Black facing stone is a basic rock from Norway called Larvikite. http://www.toyen.uio.no/geomus/nettutstillinger/Osloriften/larvikitt-eng.html One Shell Plaza - 900 Louisiana Italian travertine. (Travertino Romano) Deposited by algae in freshwater hot springs. An inexpensive stone but a poor choice for an exterior stone. http://www.iltravertino.com/pagine/thecompany.html Houston City Hall – 901 Bagby Walls are Austin Stone (Cordova Shell) containing fossil shells. -
Lawyer Demographics Bracewell
Bracewell LLP (www.bracewell.com) Basic Information Compensation & Benefits 1445 Ross Avenue, Ste. 3800 Recruiting Contact: 2016 compensation for entry-level lawyers ($/year) 160,000 Dallas, TX 75202-2711 Ms. Leigh Burns Summer Compensation Coordinator, Professional Resources Organization Size: 360 2016 compensation for Post-3Ls ($/week) 3,077 Office Size: 33 1445 Ross Avenue 2016 compensation for 2Ls ($/week) 3,077 Hiring Attorney: Suite 3800 2016 compensation for 1Ls($/week) 3,077 Mr. Jonathan Leatherberry Dallas, Texas (TX) 75202-2711 United States Phone: (214) 758-1027 Partnership & Advancement [email protected] Does the firm have two or more tiers of partner? Yes How many years is the non-equity track? How many years is the equity track? Lawyer Demographics Partner/Member Associates Counsel Non-traditional Track/Staff Summer Associates Attorneys Men 12 9 3 0 1 Women 1 4 2 0 1 Total 13 13 5 0 2 Latinx Men 0 1 1 0 0 Women 0 0 0 0 0 White Men 12 6 2 0 1 Women 1 4 2 0 1 Black or African American Men 0 2 0 0 0 Women 0 0 0 0 0 Native Hawaiian or Other Pacific Men 0 0 0 0 0 Islander Women 0 0 0 0 0 Asian Men 0 0 0 0 0 Women 0 0 0 0 0 Native American or Alaska Native Men 0 0 0 0 0 Women 0 0 0 0 0 2 or More Races Men 0 0 0 0 0 Women 0 0 0 0 0 Persons with Disabilities Men 0 0 0 0 0 Women 0 0 0 0 0 LGBTQ Men 0 0 0 0 0 Women 0 0 0 0 0 For more details, visit www.nalpdirectory.com NALP Copyright 2021 Bracewell LLP (www.bracewell.com) Pro Bono/Public Interest Is the pro bono information indicated here firm-wide or specific to one office? -
35 Years of One Shell Plaza
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Annual Report 2016
1 Building better cities. ANNUAL REPORT 2016 Annual Report 2016 2 Kinder Institute Founders Nancy & Rich Kinder KINDER INSTITUTE FOUNDERS NANCY & RICH KINDER n reviewing the accomplishments of the Kinder many parties involved as the primary source to under- Institute for Urban Research over the past year, it stand the issues and challenges facing our city as a result Iis clear the Institute has emerged as an important of the pension situation. force—and an honest broker—objectively capturing and We are grateful to Rice University for housing the analyzing urban issues in Houston. Kinder Institute and to Houston Endowment Inc. for The Kinder Institute released almost 20 reports last providing substantial support that has allowed the year. More important than the quantity, however, is the Kinder Institute to expand its scope and footprint in breadth and impact of the Institute’s work. Houston. We look forward to even greater accomplish- ments in 2017. In 2016, the Kinder Institute took on issues as diverse as urban education, housing and development, health in our neighborhoods, income disparity, building stronger Rich Kinder suburbs—and perhaps most significantly, the City of Advisory Board Chairman Houston’s pension crisis. Kinder Institute for Urban Research The Kinder Institute’s pension report, for example, Nancy Kinder framed the complex pension issue—articulately and im- Advisory Board President partially—and was used by the Houston Chronicle and the Kinder Institute for Urban Research Kinder Institute for Urban Research Kinder Institute Advisory Board 3 Advisory Board Members CHAIRMAN: John Mingé Rich Kinder, Kinder Morgan BP America, Inc. PRESIDENT: Nancy Kinder, Kinder Foundation Eric O. -
Offering Summary Investment Overview
HOUSTON DOWNTOWN OFFERING SUMMARY INVESTMENT OVERVIEW HFF is pleased to offer on an exclusive basis the opportunity to acquire the fee-simple interest in the 350-room Doubletree Downtown Houston (“Property” or “Hotel”), prominently situated within Allen Center – an institutional-quality mixed-use office/retail/hotel complex – in the Houston CBD. The Hotel is strategically located near many of Houston’s top demand drivers including the George R. Brown Convention Center, Minute Maid Park (home of the Houston Astros), Toyota Center (home of the Houston Rockets) and over 51 million square feet of office space within a 1-mile radius. Many of the Fortune 500 companies located in Houston are within blocks of the Property, including Deloitte, Chevron and KBR. The Property is being offered fully unencumbered from both brand and management, presenting the next owner with a completely blank slate. With an irreplaceable location within Houston’s CBD core and strong in-place cash flow, the DoubleTree offers investors a unique, unencumbered opportunity with tremendous upside potential. INVESTMENT HIGHLIGHTS UNIQUE DOWNTOWN HOUSTON LOCATION The Property boasts an enviable location within Allen Center in Houston’s CBD, benefiting from downtown’s diversified demand base – not only corporate but also convention, sports, leisure, culture, medical, university/ education – and pedestrian friendly environment. This ideal mix of demand drivers has allowed the CBD to TWO ALLEN CENTER 1 MILLION SF continually outperform Houston’s overall market, as well as the -
Tax Day Appendix.Pdf
Climate change ...................................................................................................................... 11 Apparel Sector ................................................................................................................................ 11 GAP ..................................................................................................................................................... 11 Hanesbrands ...................................................................................................................................... 14 L Brands .............................................................................................................................................. 15 Nike .................................................................................................................................................... 16 PVH ..................................................................................................................................................... 19 VH ....................................................................................................................................................... 19 Banking & Finance Sector ............................................................................................................... 22 AIG ...................................................................................................................................................... 22 Bank of America ................................................................................................................................ -
Bracewell LLP
Bracewell LLP 2020 VAULT/MCCA LAW FIRM DIVERSITY SURVEY 711 Louisiana Street Suite 2300 Houston, TX 77002 Phone: 1-713-223-2300 Fax: 1-800-404-3970 www.bracewell.com LOCATIONS Houston (Headquarters), Austin, Connecticut, Dallas, Dubai, London, New York, San Antonio, Seattle, Washington, DC DIVERSITY LEADERSHIP Head(s) of Firm: Gregory M. Bopp, Managing Partner Diversity team leader(s): Yvonne Ho, Partner and Chair, Diversity & Inclusion Committee NUMBER OF ATTORNEYS TOTAL NUMBER OF ATTORNEYS Currently As of December 31, 2019 Worldwide 346 352 U.S. offices only 313 322 Response to Spring 2020 Vault/MCCA Law Firm Diversity Survey. Complete survey results available in Law Firm Diversity Database (http://mcca.vault.com). Copyright © 2020 Vault.com Inc. and Minority Corporate Counsel Association, Inc. All rights reserved. Bracewell LLP 2020 VAULT/MCCA LAW FIRM DIVERSITY SURVEY Law Firm Demographic Profile Does your firm have more than one tier of partnership? Yes ASSOCIATES (2019) SUMMER ASSOCIATES (2019) Men Women Men Women White/Caucasian 43 43 White/Caucasian 13 18 African-American/Black 3 2 African-American/Black 3 2 Hispanic/Latinx 2 6 Hispanic/Latinx 3 2 Alaska Native/American Indian 0 1 Alaska Native/American Indian 0 0 Asian 5 2 Asian 1 0 Native Hawaiian/Pacific Islander 0 0 Native Hawaiian/Pacific Islander 0 0 Multiracial 2 2 Multiracial 0 0 Openly LGBTQ 2 2 Openly LGBTQ 1 0 Individuals with Disabilities n/a n/a Individuals with Disabilities n/a n/a Total 55 56 Total 20 22 Note: Firm does not formally track data for individuals with disabilities. -
Quarterly Market Overview 2017 Third Quarter
Quarterly Market Overview For more information, please contact: David Mendel, Public Relations Manager 2017 Third Quarter Phone: 713.629.1900 ext. 258 FOR IMMEDIATE RELEASE E‐mail: [email protected] HOUSTON’S OFFICE MARKET RECOVERY SLOW, INDUSTRIAL DEMAND REMAINS HIGH HOUSTON — (October 18, 2017) — Houston’s commercial real estate market is optimistic after grappling with Hurricane Harvey amid the continued energy recovery, according to quarterly market research compiled by Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR). For office space, direct negative net absorption of 39,995 square feet was recorded; Class A and C showed positive absorption of 246,119 square feet and 18,230 square feet, respectively, while Class B reported negative absorption of 304,344 square feet. Move-ins at 609 Main including four different firms who preleased space in the new building accounted for almost 263,000 square feet of the Class A positive absorption. Year-to-date overall totals are positive for the year primarily due to the first quarter occupancy of 600,000 square feet by BHP Billiton in its new headquarters building, although the firm is leaving behind more than 320,000 square feet that is currently on the sublease market. Space left behind by various firms occupying new properties along with sublease spaces converting to direct space will continue to affect the vacancy rate. The current 16.7% direct vacancy rate is unchanged from last quarter, but up from the 15.5% recorded during the same quarter in 2016. Class A space overall is 16.0% vacant, Class B is 19.1% vacant and Class C is 11.4% vacant. -
Shell to Houston
n August 1969, Shell Oil Company tions prompted Shell to examine the idea The company’s Texas-sized move Iannounced plans to move most of its of moving much its operations to another took nearly a year beginning in November administrative offi ces from New York City city. During eighteen months of study aided 1969. Shell’s method of moving individual to Houston. “Shell to Move 1,000 Workers by the Stanford Research Institute, Shell offi ces only lost one working day at the Here” read the banner headline across the collected data on a half-dozen cities but end of each week. Each Thursday evening, front page of the Houston Chronicle the day eventually narrowed the list to two, Dallas equipment was loaded up in cross-country after the announcement. The fi nal number and Houston. Both cities had low costs- moving trucks. By the following Monday was closer to 1,400, and the success of the of-living, room for growth, and a Sunbelt afternoon, 1,620 miles away in Houston, move encouraged the company to consoli- ambience. And they were located in the the equipment was unloaded and arranged. date others parts of its operations in the city. Central Time Zone, making intra-company Employees reported for work Tuesday The move bolstered the Bayou City’s morning. Shell offered to transfer and emergence as a center of gravity for Shell. absorb moving costs for practically all Houston had been a Shell town for many operating headquarters personnel from top decades. It had a major refi nery in Deer Shell managers to fi le clerks and secretaries.