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Commercial Litigation

U.S. Fifth Circuit Rules in Favor of Advisor in $4M M&A Fee Dispute

The court ruled that Denver-based Catalyst Strategic Advisors is entitled to an advisory completion fee in connection with the sale of a Houston building supply company. The court determined that the “procuring-cause doctrine” was rendered inapplicable by the specific language of Catalyst’s contract, even though the sale took place 15 months after the company’s sale.

Employee Spotlight: Krista Torralva

The Texas Lawbook is pleased to announce that former Dallas Morning News courts reporter Krista Torralva has joined The Lawbook team to work with Michelle Casady and Janet Elliott to cover complex commercial litigation being handled by Texas lawyers.

Collin County Jury Awards $1.9M in Rat Infestation Suit

The jury that was selected last Monday and began deliberating that Friday took about two and a half hours to side with construction staffing company Harris Ventures, which does business as Staff Zone, in its dispute with landlord JM-RB Properties. The panel’s 10-2 decision awarded Staff Zone about $1.3 million in lost profits incurred when it was “constructively evicted” from the building it leased in Plano, plus $450,000 in attorney fees and about $150,000 to cover expert witness costs.

Litigation Roundup: Fifth Circuit wants SCOTX Input in TCEQ Suit; Texas Gamer Brings $680M Monopoly Claim

In this edition of litigation roundup, the Fifth Circuit has asked the Texas Supreme Court to answer a certified question in a dispute that pits a nonprofit group against the state’s environmental protection agency, the Texas Supreme Court grants review in two tax appraisal cases involving the value of Oncor’s transmission lines and the founder of a Call of Duty esports team take aim at Activision Blizzard’s business practices in a new suit.

Major Franchise Owner Hit with $30.7M Jury Verdict

A Dallas jury heard eight days of testimony and deliberated for two hours before deciding the owner of roughly 150 Popeyes restaurants, Guillermo Perales and his company Sun Holdings, owed former employee Jerry “Scott” Stockton about $15.6 million in compensatory damages and $15.1 million in punitive damages for failing to follow through on a promise to compensate him with 5 percent of the annual operating profits of the restaurants. Sun Holdings is the second largest franchisee organization in the country, with about 1,800 restaurants in its portfolio.

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