Two recent rulings for $178.5 million have ended what had been one of the longest running cases in the nation. The downside of the case, filed nearly three decades ago, is that only about 70 of the original 2300 plaintiffs have lived to see its end. The Lawbook’s Litigation Writer Natalie Posgate has the bittersweet details.
Johnston Tobey Baruch Scores $5M Settlement Against San Antonio Firm
Texas-based 1776 Energy Partners has settled for nearly $5 million a legal malpractice claim against a San Antonio law firm after one of its lawyers botched a lawsuit so badly that they were forced to settle as defendants a suit the company had pursued as the plaintiff.
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.
Dispute Involving Apache to Continue in Arbitration, Appeals Court Rules
An appellate court ruled Thursday that the arbitrability of a $15 million legal dispute between Houston-based Apache Corp. and Fort Worth-based Wagner Oil Company will have to be debated in front of an arbitrator in Houston, not a trial court in Fort Worth as WOC had hoped.
Commercial Litigation Funder with Houston Office Launches $500 Million Fund
IMF Bentham Limited, the parent company of U.S.-based commercial litigation funder Bentham IMF, announced on Friday the launch of a new $500 million fund focused on U.S. litigation finance investments.
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.
Top Texas Biz Litigation Concerns: Cybersecurity, Contract Conflicts & Employment Disputes
Texas-based companies are facing fewer and fewer lawsuits and the lawsuits they are facing are costing them less, according to a new survey of corporate general counsel by Norton Rose Fulbright. But corporate in-house counsel in the state are increasingly worried about cybersecurity attacks and data breaches. The Texas Lawbook has the details.
DBJ: Union Sues American Airlines over Drug Tests
A union that represents American Airlines fleet service employees is suing the Fort Worth-based carrier because of what it deems are unnecessary drug tests.
Austin Catholic Diocese Sued Over Alleged Priest Abuse
Six women are suing the Catholic Diocese of Austin alleging the church took no action after they reported that a priest sexually abused and harassed them for years.
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