Law Offices of Brad Jackson Helps Houston Business Complete Sale

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The Law Offices of Brad Jackson recently represented Houston-based business Global Waste Services LLC in the company’s successful sale to Houston-based WCA Waste Corporation as part of a deal announced earlier this week.

Brad Jackson led the firm’s work on behalf of Global Waste Services, a provider of trash and recycling services for industrial, commercial and residential customers in and around Houston.

Under the terms of the deal reported in the Houston Business Journal, WCA acquired Global Waste Service’s waste hauling and recycling business, along with its recycling plant and the company’s material recovery facility, both of which are located in the Houston area.

Almost all of Global Waste Services’ 95 employees will join WCA’s existing 1,500 employees, who serve more than 500,000 customers in 11 states.

Experienced in Business Sales, Purchases

The deal was completed on August 31, following Mr. Jackson’s negotiations on behalf of Global Waste Services with in-house and outside counsel for WCA. The financial terms of the deal were not disclosed.

Since being taken private in 2012, WCA has acquired several waste services firms, including Freedom Waste Services LLC and Jones Sanitation LLC in Kentucky and the Missouri-based companies EZ Disposal and Flynn’s Raytown Disposal.

Although the Law Offices of Brad Jackson is best known for our work in business litigation and other civil claims, this deal is an example of Mr. Jackson’s expertise in company sales and purchases. Over the years, he has been called on by a variety of business owners to help them sell and purchase all types of companies and other business assets.

If you are looking to sell or buy a company, call our team at 214-526-7800 or contact us via email for more information about how we may be able to help.

 

Brad Jackson Earns Spot on 2018 Texas Super Lawyers List

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Experienced attorney Brad Jackson of the Law Offices of Brad Jackson in Dallas has earned his 15th consecutive selection among the state’s best on the exclusive Texas Super Lawyers list.

Mr. Jackson, who is Board Certified in Civil Trial Law by the Texas Board of Legal Specialization, is recognized in the 2018 listing for his accomplishments in business litigation. His selection is based on nominations from other attorneys and an extensive editorial review conducted by Super Lawyers, a division of Thomson Reuters.

Recent Legal Successes

Last month, Mr. Jackson and fellow firm attorney Cheryl L. Mann successfully represented a group of business owners in a partnership dispute where their company’s former president sought more than $1 million.

In a 15-page opinion, the 5th District Court of Appeals in Dallas affirmed an earlier summary judgment that Mr. Jackson won for the same clients, clearing them of allegations of breach of fiduciary duty, conspiracy, and misappropriation and conversion of corporate funds.

Earlier this year, Mr. Jackson and Ms. Mann successfully defended a group of seller and business broker clients in a lawsuit over the sale of an insurance agency. The plaintiffs sought more than $3 million but decided to dismiss their claims after only three days of trial. They also agreed to pay $200,000 to one of the firm’s clients.

Attorney Provides Civil Litigation Expertise

These are just two examples of the many types of cases Mr. Jackson handles for companies and individuals from all walks of life. He represents both plaintiffs and defendants in state and federal courts throughout Texas and across the U.S.

In addition to serving as lead counsel in the firm’s cases, Mr. Jackson also is regularly called on by other lawyers and out-of-state clients for his advice and legal expertise. He maintains strong working relationships with lawyers and judges in North Texas and beyond.

Based in Dallas, The Law Offices of Brad Jackson provides decades of experience representing clients in Texas and across the nation. Brad Jackson is Board Certified in Civil Trial Law by the Texas Board of Legal Specialization. The firm handles practically every type of business dispute, as well as cases involving high-stakes divorce litigation, serious personal injury and wrongful death.

Brad Jackson Once Again Named Among Best Lawyers in Dallas

Dallas

DALLAS – Dallas attorney Brad Jackson of the Law Offices of Brad Jackson once again has been named among the city’s top legal counsel in the 2018 listing of the Best Lawyers in Dallas published by D Magazine.

The exclusive roster of Dallas’ leading lawyers is based on nominations submitted by local attorneys who were asked: “Which Dallas lawyers, of those whose work you have witnessed firsthand, would you rank among the current best?” After the nominations are tallied, D Magazine’s editors determine the final selections with feedback from an anonymous panel of leading Dallas attorneys.

Honored for Dallas Business Litigation Work

Mr. Jackson, who is Board Certified in Civil Trial Law by the Texas Board of Legal Specialization, earned his eighth consecutive appearance on the list for his work in business litigation and medical liability litigation.

“It is an honor to be ranked alongside so many excellent attorneys,” says Mr. Jackson. “Our firm’s mission is to always put our clients first, and recognition like this tells me we’re doing things the right way.”

Mr. Jackson has represented clients in state and federal courts for more than 25 years. Along with fellow firm attorney Cheryl L. Mann, he handles a variety of cases for people from all walks of life. The firm’s expertise includes business disputes and commercial litigation, contract disputes, fiduciary litigation, denial of commercial insurance claims, probate and trust litigation, professional malpractice cases, serious personal injuries and wrongful death, and other areas.

Successful Legal Defense for Clients

In a recent case heard in Dallas state district court, Mr. Jackson and Ms. Mann successfully defended a group of seller and business broker clients in a $3 million lawsuit over the sale of an insurance agency. Although the plaintiffs sought millions, they decided to dismiss the case after only three days of trial and agreed to pay $200,000 to one of the firm’s clients.

Based in Dallas, The Law Offices of Brad Jackson provides decades of experience representing clients in Texas and across the nation. Brad Jackson is Board Certified in Civil Trial Law by the Texas Board of Legal Specialization. The firm handles practically every type of business dispute, as well as cases involving serious personal injury and wrongful death.

Cryptocurrency Craze Leads to Fraud Charges in Dallas

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Most of us have seen news reports about the ongoing cryptocurrency craze, including the skyrocketing and plummeting prices for Bitcoin and other electronic currencies. Now, some cryptocurrency companies are facing federal investigators based on allegations of fraud

The latest news comes from Dallas, where a cryptocurrency bank founded less than a year ago has been charged along with its owners of fraud and other alleged wrongdoing. Launched in March 2017, AriseBank claimed to have raised $600 million in the past two months in an initial coin offering (ICO) for its AriseCoins. Such sales are like an initial public offering (IPO) of stock options.

The bank said it had “one of the largest crypto-currency platforms ever built.” But the Fort Worth Regional Office of the U.S. Securities and Exchange Commission says the bank was nothing more than an “outright scam.” The government says the company misled investors and sold unregistered securities under fraudulent terms.

After falsely claiming that it had purchased an FDIC-insured bank, AriseBank failed to tell investors that its co-founders have prior felony criminal convictions, according to the SEC.

Now, a Dallas federal judge has appointed a receiver to figure out how much of investors’ money, if any, remains.

It’s not hard to imagine that lawsuits from investors will soon follow, although collecting any judgment against AriseBank is now in doubt since the bank has been put under the government’s control and no one appears to yet know if any assets remain.

Investment Scams Nothing New

The trail of investment scams extends nearly as long as investing itself. That is why the cryptocurrency frenzy should send up a warning flare for many of today’s investors. For every quality investment opportunity, there are many more scams nearby.

One notable example came in 1986, when a California teenager formed ZZZZ Best Inc. and claimed the company was the “General Motors of carpet cleaning.” After the company sold millions in stock options, federal investigators discovered that ZZZZ Best was little more than a series of phony documents and sales receipts. In the end, investors lost more than $100 million and the company’s founder was sentenced to 25 years in prison.

Perhaps the greatest investment scam in history is rooted in Texas with the fall of energy giant Enron in 2001. Houston-based Enron was ranked as the seventh-largest company in the world. Unfortunately, the company was hiding billions of dollars in debt through a series of accounting transactions that relied on shell companies to conceal dire financial circumstances. In addition to resulting in the collapse of the global accounting firm Arthur Andersen, the fall of Enron caused billions of dollars in losses for investors and employees. More than 4,000 employees were let go after the company filed for bankruptcy protection.

AriseBank Lessons

The AriseBank story should serve as an important lesson for everyone. That’s especially true for those of us who are only mildly familiar with the ins and outs of the investing process. There are seemingly countless state and federal laws covering proper investment protocols and the sale and purchase of securities. Few “regular” investors know all the rules.

No matter how many TV commercials make it look easy to handle your own investment decisions, the truth is that investing is complicated business. Just because you have been successful enough to accumulate enough money to invest on your own doesn’t mean that you’ll enjoy the same success when it comes to finding the right investment opportunity.

That is why it is so important to have a trusted financial advisor and knowledgeable attorney involved if you’re thinking about plunking down your hard-earned cash in hopes of realizing positive returns in the future. Failing to do so could put you in the same position as the investors who backed AriseBank and are now waiting to see if the government can help them reclaim their money.