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Scheef & Stone Wins Arbitration Award for Aspen Strategic Holdings

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DALLAS – Scheef & Stone, LLP represented Dallas-based Aspen Strategic Holdings, LLC in a successful derivative arbitration proceeding on behalf of ABA DSO, LLC against local boutique investment banking firm Transitus Capital, LLC and its founders. The nearly $1.3 million award stems from breach of its engagement agreement, fraud, and gross negligence claims.

“Our team is very pleased with the outcome,” said Scheef & Stone Partner J. Mitchell Little, who served as lead counsel. “It was necessary to demonstrate either gross negligence or willful misconduct on the part of the Respondents, and we felt we could meet that burden based on overwhelming evidence. It is extremely satisfying to help our client be made whole here.”

The arbitration award for Aspen Strategic Holdings, a private equity holding company that specializes in health care properties and operating ventures, includes attorney’s fees, costs, pre- and post-judgment interest

“We are immensely thankful for Mitch’s wise counsel in addressing this situation. We hired Transitus expecting them to perform their services with honesty, care, and loyalty. They did not and Mitch was instrumental in helping us hold them accountable,” said Aspen Strategic Holdings Managing Member Dennis Marshall.

Scheef & Stone, LLP provides solid counsel to its valued clients by forging innovative legal solutions to build lasting relationships. From offices in Dallas, Frisco, Marshall, and Sherman, the firm’s members hold themselves to the highest standards while going beyond the extra mile for their clients. These standards have led to strategic growth, bringing our attorney count to approximately 60 lawyers practicing in a full-service commercial firm with services that include corporate, mergers and acquisitions, real estate, tax, construction law, banking, bankruptcy, intellectual property, healthcare, litigation, and employment law.

Attorneys from Scheef & Stone, LLP Earn 2022 Texas Super Lawyers Honors

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DALLAS/FRISCO/MARSHALL/SHERMAN – The publishers of the 2022 Texas Super Lawyers list by Thomson Reuters are recognizing 12 attorneys from Scheef & Stone, LLP, on the exclusive annual roster of the state’s best.

The honored Scheef & Stone attorneys work from firm offices in Dallas, Frisco, and Marshall. Founding partners C. John Scheef III in Frisco and Bill Stone and Kelly Crawford in Dallas have been included on the Super Lawyers list for more than a decade. Mr. Scheef earned selection for his work in Construction Litigation, while Mr. Stone and Mr. Crawford scored high marks for their representation of clients in Mergers and Acquisitions and Business Litigation, respectively.

The additional Super Lawyers honorees from Scheef & Stone’s Frisco office and the areas for which they are recognized include:

Matt BracyBusiness and Corporate Law
John FischerIntellectual Property Law
Byron HenryAppellate Law
Mark L. HillBusiness Litigation
Mitch LittleSecurities Litigation
Kate ValentConstruction Litigation

In Dallas, Scheef & Stone partner Rebekah Steely Brooker claimed a spot on the 2022 Texas Super Lawyers list based on her experience in Estate Planning & Probate Law. Fellow Dallas partner Richard J. Wallace III is recognized for his expertise in Business Litigation.

Experienced East Texas attorney Michael C. Smith from Scheef & Stone’s Marshall office claimed his 15th consecutive selection on the Super Lawyers list based on his years of work in Intellectual Property Litigation.

Earlier this year, Scheef & Stone attorneys T. Chase Garrett and Taylor L. Harris were featured on the companion 2022 Texas Rising Stars list of the state’s top young lawyers for their work in Business Litigation and Civil Litigation, respectively.

Scheef & Stone, LLP provides solid counsel to its valued clients by forging innovative legal solutions to build lasting relationships. From offices in Dallas, Frisco, Marshall, and Sherman, the firm’s members hold themselves to the highest standards while going beyond the extra mile for their clients. These standards have led to strategic growth, bringing our attorney count to approximately 60 lawyers practicing in a full-service commercial firm with services that include corporate, mergers and acquisitions, real estate, tax, construction law, banking, bankruptcy, intellectual property, healthcare, litigation, and employment law.

Kelly Crawford to Speak at National Conference

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Scheef & Stone Partner Kelly Crawford will be speaking on March 9, 2022, at the 2022 Enforcement Training conference of the North American Securities Administrators Association. Mr. Crawford will be speaking on “Asset Freezes & Receiverships.” Mr. Crawford has extensive experience over the years working as a receiver and is currently serving as the receiver in a case pending in Dallas, Texas brought by the Commodity Futures Trading Commission and 30 States.

Dallas/Fort Worth Tier One ranking category for Best Lawyers (Woodward/White) “Best Law Firms” 2022 Edition published in U.S. News & World Report

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Scheef & Stone is proud to announce that the firm was selected in the Dallas/Fort Worth Tier One ranking category for Best Lawyers (Woodward/White) “Best Law Firms” 2022 Edition published in U.S. News & World Report. Firms included in this selection are recognized for professional excellence with consistent peer reviews. To be eligible for a ranking, a firm must have a lawyer recognized in The Best Lawyers in America©, which recognizes the top 5% of private practicing lawyers in the United States. You can view the list here.

Scheef & Stone Opens Office in Sherman

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Sherman, Texas – After recently opening an office in Marshall, Texas Scheef & Stone, LLP further expands their federal practice by opening a new office in Sherman, Texas.  The firm’s new Sherman office is conveniently located within walking distance to the United States District Court for the Eastern District of Texas.  Scheef & Stone attorneys have regularly practiced in the Sherman Division and the addition of the local new office provides additional serviceability.

With the addition of the Sherman office, Scheef & Stone now has offices located in three of seven cities where the Court for the Eastern District is held.  The proximity to federal court strengthens the firm’s federal court practice providing their clients with a path to advocacy and justice on a national scale.  Over the past year Scheef & Stone has also attracted new attorneys with federal clerkship experience in the Eastern District of Texas Court fortifying their federal footprint.

“Almost twenty years ago, Scheef & Stone took a chance on opening an office in Frisco and we think that Sherman presents the same opportunity today,” said John Scheef, co-founding partner at Scheef & Stone.

Scheef & Stone is optimistic with the firm’s recent new growth in opening two offices along with welcoming 13 new attorneys in 2021. The recent expansions open the door for the firm to provide more high-quality sophisticated counsel to businesses across Texas.  Learn more at solidcounsel.com.

Scheef & Stone, LLP provides solid counsel to its valued clients by forging innovative legal solutions to build lasting relationships.  From its offices in Dallas, Frisco, Marshall, and Sherman, members of the law firm hold themselves to the highest standards, and dedicate themselves to going beyond the extra mile for their clients. These standards have led to strategic growth, bringing our attorney count to approximately 60 lawyers practicing in a full-service commercial firm with services including corporate, mergers and acquisitions, real estate, tax, construction law, banking, bankruptcy, intellectual property, healthcare, litigation and employment law.

Fourteen Scheef & Stone Attorneys Recognized in “Super Lawyers” 2021 List

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Congratulations to the fourteen Scheef & Stone attorneys recognized in the 2021 “Super Lawyers” list published by Thomson Reuters.  The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates, and peer reviews by practice area. No more than five percent of the lawyers in Texas are selected by Super Lawyers.

Joe Baker
Matt Bracy
Rebekah Steely Brooker
Kelly Crawford
John Fischer
Chase Garrett (Rising Star)
Taylor Harris (Rising Star)
Byron Henry
Mark Hill
Mitch Little
John Scheef
Michael Smith
Bill Stone
Richard Wallace

Jessica Rolls Accepted to DAYL 2021 Leadership Class

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Congratulations to Jessica Rolls for being accepted into the Dallas Association of Young Lawyers (DAYL) 2021 Leadership Class. The leadership program started in 1997 as a way to reach out to young lawyers who wanted to make a difference in the community and the bar. Only 40 attorneys are selected for the program each year.

Jessica Rolls is a commercial litigator who counsels businesses and individuals in a broad range of multifaceted civil disputes. Jessica is well versed in reviewing, editing, and executing subcontractor and purchase order agreements, as well as analyzing Medical and Medicare regulatory matters in regards to overpayment defense cases.

Twelve Scheef & Stone Attorneys Named in 2022 “Best Lawyers in America” list by Best Lawyers

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We are proud to announce that twelve Scheef & Stone attorneys are named in the 2022 “Best Lawyers in America” list by Best Lawyers in America (Woodward/White).  The attorneys recognized in the list were peer-nominated and only 5% of attorneys in private practice are recognized in this prestigious list.  Please join us in congratulating these attorneys on this noteworthy recognition.

Robert Banta
Roger Crabb
John Fischer
Jim Griffin
Byron Henry
Mike Knapek
Mitch Little
John Scheef
Mark Simon
Micheal Smith
Bill Stone
Brad Whitlock

Scheef & Stone Opens Office in Marshall

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We would like to extend a heartfelt thank you to everyone who attended our ribbon-cutting ceremony at our Marshall office. Thank you to the Greater Marshall Chamber of Commerce and the rest of the Marshall community for the warm welcome.  We are incredibly honored and excited to be a part of this amazing community.