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Commercial Litigation

SCOTX To Decide Fate of $8M Jury Verdict For Astros Owner

When Houston Astros owner Jim Crane and another investor bought a new aircraft for $19.85 million in 2010, they apparently expected it to be…well, new. When they discovered two years later it had been equipped with a used left engine with a troubled history, they sued. Now the SCOTX is weighing whether the evidence supports their $8M verdict.

Is the SCOTX about to Kill Punitive Damages Once and For All?

This week, the Texas Supreme Court is handling a business v. business case that could either reinstate one of the largest punitive damage verdicts in the court’s history or be the death of exemplary damages in many types of civil disputes in Texas. It features some of the best lawyers in Texas, including two former chief justices. The Texas Lawbook has details.

Judge Reopens Forest Park Bankruptcy to Investigate Contempt of Party

It started with a Chapter 11 bankruptcy tied to an Austin affiliate of the Forest Park hospital. It ended with a revelation in a separate case in Dallas of multiple potentially illegal transfers of millions of dollars during the bankruptcy proceeding. The bankruptcy case has now reopened to determine whether a Dallas private equity manager, the recipient of these millions, should be held in contempt and hit with six-figure sanctions. The Lawbook has the story.

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