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BP Energy Says Dallas Oilman Brad Cox Owes $270M+

BP Energy Company has filed a lawsuit in the Texas business courts accusing Dallas oilman Brad Cox of breaching a $270 million guaranty agreement related to a loan given to MLCJR LLC, a business owned by Cox.

It is one of less than a dozen cases filed in the business courts since they opened Sept. 1 and is by far seeking more damages than any of the other cases filed in those courts. Judges Andrea Bouressa and William “Bill” Whitehill are the judges presiding over the First Business Court Division, where this lawsuit was filed.

Michelle Casady

Michelle Casady is based in Houston and covers litigation and appeals — including trials, breaking news and industry trends — for The Texas Lawbook.

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