Robert C. Walters - Gibson Dunn LLP
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Robert C. Walters

Listed in Best Lawyers since 2003
Phone: 214-698-3114

Rob Walters is a trial partner with extensive experience in antitrust, securities, class action, and business tort litigation.  Mr. Walters is nationally recognized for his abilities and accomplishments as a trial lawyer.  He has served as lead trial counsel in a wide array of trials and adversarial proceedings, including the representative  trials and class action proceedings described below.*  He has also counseled and represented clients in government investigations and the antitrust aspects of mergers and acquisitions. He serves on the firm’s Executive Committee and as Partner-in-Charge of the firm’s Dallas office.  Mr. Walters served as Executive Vice President and General Counsel of Energy Future Holdings from 2008 until 2010.  He was a partner at Vinson & Elkins LLP from 1990 until 2008, where he also served as a member of the firm’s Management Committee.

  • Served as lead counsel to Tenet Healthcare in its 2011 successful takeover defense litigation under federal securities laws against Community Health Systems in an approximately $7 billion hostile tender offer for Tenet Healthcare.
  • Served as lead trial counsel in antitrust litigation brought against Blockbuster and the major Hollywood studios by bellwether and class plaintiffs representing thousands of independent video retailers claiming revenue-sharing agreements negotiated between Blockbuster and the Hollywood studios violated federal and state antitrust laws and seeking billions of dollars in damages.  Defendants prevailed at trial and the Fifth Circuit affirmed.
  • Served as lead trial counsel to Intel Corporation in class securities litigation stemming from its $8 billion acquisition of McAfee Inc.  Secured summary judgment on all counts in October 2012 and on the eve of trial.
  • Served as lead trial counsel for the City of Dallas in antitrust litigation brought by various private parties stemming from the 2006 Wright Amendment Reform Act, which modified the restrictions on flights from Dallas Love Field and Dallas-Fort Worth Airport.  Mr. Walters both represented the City of Dallas before Congress in securing the Wright Amendment Reform Act and as lead counsel in defeating private antitrust litigation stemming from the Act.
  • Served as lead counsel to Liberty Mutual Insurance Company in the Workers’ Compensation Antitrust Litigation, which was comprised of over forty class actions against dozens of insurers claiming industry conspiracies to pass on billions of dollars in “residual market loads.”  The insurer defendants chose Mr. Walters to try an initial two-week class certification evidentiary hearing in the Pennsylvania Court of Common Pleas, as well as to try various other class certification hearings in federal and state courts throughout the country.  Defendants successfully defeated class certification in each venue, which led to favorable industry settlements.
  • Served as lead trial counsel to CBS Outdoor in RICO and fraud litigation brought by independent billboard companies seeking hundreds of millions in damages.  After a three-week trial, the jury returned a verdict of less than $2 million, which the Eighth Circuit Court of Appeals further reduced on appeal.
  • Served as lead trial counsel in defending a real estate partnership in a fraud and contract dispute over a portfolio of investment properties.  The jury returned a verdict for defendants on all claims and awarded defendants their attorneys’ fees.
  • Served as lead trial counsel to Life Insurance Company of Georgia in a fraud action against Electronic Data Systems in which Life of Georgia secured a multi-million dollar trial verdict, which it sustained on appeal to the Fifth Circuit. 
  • Served as lead trial counsel for Pioneer Natural Resources Company in which plaintiffs claimed that Pioneer illegally “farmed out” various offshore oil and gas properties and conspired with the trustee of an offshore royalty trust to impermissibly terminate the trust early to the detriment of unit holders in the trust.  The case resolved favorably after trial. 
  • Served as lead trial counsel to Blockbuster in approximately twenty-five class actions across the nation challenging Blockbuster’s “extended viewing fees” as impermissible penalties.  The matters resolved favorably.
  • Served as lead counsel to a Liberty Mutual Insurance Company in the Insurance Brokerage Antitrust Litigation.  Then Attorney General Elliot Spitzer of New York charged major insurance companies with bid rigging and illegal contingent commissions on commercial insurance sales.  Various regulatory actions led to companies paying hundreds of millions of dollars in refunds and fines and also to numerous class actions.  At the behest of defendants, Mr. Walters served in court as lead counsel for the insurer defendants.  The insurer defendants favorably resolved the matter.
  • Served as lead counsel at trial for Blockbuster in a contract and business tort action stemming from production of the film “Monster.”  Blockbuster favorably resolved the action after two weeks of trial.
  • Served on trial team for Energy Transportation Systems, Inc. in antitrust litigation against major western railroads for conspiring to monopolize the transportation of coal from the Powder River Basin to utilities in the Southwest.  A two-month trial resulted in a verdict of $1.1 billion for plaintiffs.
  • Served as lead trial counsel to Blockbuster in action brought by Netflix for infringement on several business method patents.  The matter resolved favorably.

*Includes matters handled prior to joining Gibson, Dunn & Crutcher LLP

Mr. Walters received his Bachelor of Arts degree (Plan II Interdisciplinary Honors) summa cum laude from the University of Texas at Austin in 1980.  He earned his law degree from the University of Texas at Austin in 1983, graduating cum laude and serving on The Texas Law Review

University of TexasBA University of TexasJ.D.

Office Location

2100 McKinney Avenue, Suite 1100
Dallas, TX 75201-6912
United States

Lawyer of the Year Awards

2016 Lawyer of the Year in Antitrust Law of the Dallas/Fort Worth Metro Area2014 Lawyer of the Year in Antitrust Law of the Dallas Metro Area
Robert C. Walters has earned a Lawyer of the Year award for 2016!Robert C. Walters has earned a Lawyer of the Year award for 2014!

Practice Areas

Antitrust Law
Bet-the-Company Litigation
Commercial Litigation
Litigation - Antitrust