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TXU Merger Approved by Shareholders

The merger between TXU Corporation and Texas Energy Future Holdings Limited Partnership (TEF) has been approved by the TXU shareholders. TEF was recently formed by a group of investors. TEF was lead by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG) in order to facilitate the merger. Total, ...

TXU Energy Cuts Electric Prices

TXU Energy, the competitive retail electric subsidiary of TXU Corp. (NYSE:TXU) , has recently announced a significant price cut for its TXU Energy Market Tracker+(SM) pricing plan. TXU Energy Market Tracker+ is an innovative pricing plan that automatically lowers electricity prices if natural gas costs trend lower. Prices are being cut ...

KKR and TPG Voluntarily File Commitments for TXU Electric Delivery With Public Utility Commission of Texas

Texas Energy Future Holdings, Limited Partnership (TEF) today made an initial filing with the Public Utility Commission of Texas (PUC) setting forth its commitments regarding TXU Electric Delivery (to be renamed Oncor). These commitments will be binding upon successful completion of the acquisition of TXU Corp. TEF is the holding ...

TXU Provides Update Regarding Status of ‘Go-Shop’ Process

TXU Corp. (NYSE:TXU) , a Dallas-based energy company, has announced an update regarding the "go-shop" process being conducted by Lazard Freres & Co LLC (Lazard), the independent financial advisor to the TXU Corp. Board of Directors and its Strategic Transactions Committee. Under the terms of the definitive merger agreement announced ...

New 125-Megawatt Texas Wind Farm Providing Energy to TXU

TXU Wholesale, a subsidiary of TXU Corp. (NYSE:TXU) , and Airtricity, a world-leading renewable energy company based in Dublin, Ireland, today announced that Airtricity has completed construction of the Forest Creek Wind Farm, increasing TXU Wholesale's renewable energy capacity by 125 MW. The wind farm is expected to provide power for ...

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September 1st 2017
Tags: Uncategorized No Comments

Dallas Gas Shortage: Preventable

The massive rush of thousands of drivers, rushing to all get gas at the same time, has lead to a gas outage at many gas stations across Dallas and the D/FW area. Rumors of a gas shortage began spreading across the Dallas area on Wednesday, leading to thousands of people ...
January 2nd 2014
Tags: Dallas Bar Association No Comments

Prominent Dallas Lawyer Michael E. Schmidt Killed by Dallas Police

A prominent Dallas lawyer, Michael E. Schmidt, was shot and killed by Dallas Police after responding to reports of a burglary. Schmidt had reportedly called in a burglary at his apartment in Uptown Dallas, and then barricaded himself before he was then shot by officers who responded to the scene. According ...
January 1st 2014
Tags: Texas Laws No Comments

600 New Laws for 2014 Go into Effect

There are 600 new laws here in Texas that have gone into effect starting January 1, 2014. Mixed drinks will now be taxed an additional 8.5 percent. Previously only beer and wine had the extra tax. There is a new law that went into effect January 1, 2014 that protects ...
December 23rd 2010
Tags: Uncategorized One Comment

Car Crashes onto Lawn of Former President Bush’s Home

A man driving a classic Plymouth Barracuda crashed his car last night onto the lawn of former President George W. Bush's Dallas home.
March 5th 2010
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Homemade Gourmet Recalls Tortilla Soup Mix

Homemade Gourmet, a company based in Canton, Texas is voluntarily recalling about 320 packages of 1.96 ounce Tortilla Soup Mix. Apparently the Tortilla Soup Mix "has the potential" to be contaminated with Salmonella. Salmonella is an organism that has the potential for causing extremely serious--and sometimes fatal--infections in young kids, frail ...

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