With the help of a deep-pocketed backer, property owners are duking it out with the owner of the resort, who says he has been unfairly targeted.
A state district judge in Harris County has ordered two former executives of a Superior Energy subsidiary to pay $72 million, after a jury ruled in December that they committed fraud, breached their fiduciary duties and misappropriated trade secrets against their former company. Natalie Posgate reports.
A Dallas judge has declined to dismiss a lawsuit by Neiman Marcus that alleges hedge fund Marble Ridge Capital hurt its business by issuing defamatory and false statements about Neiman being in default with its indentures.
Jurors in the Forest Park Medical Center bribery trial headed home late Monday. They will resume Tuesday after 19 hours of deliberation. Like last week, the jurors had questions. But unlike last week, those questions were answered via telephone from Toledo. Bruce Tomaso explains.
After a week of perfect spring weather, a 20-year anniversary and a $15 million coda to a fraud trial that had lasted nearly a fortnight, Houston lawyer Jared Levinthal was ready to celebrate a very, very good week.
The unanimous verdict does far more than exonerate Range from the $17.5 million that the plaintiff royalty owners had sought. The verdict also marks the first time in 21 years for a producer to win a case tied to Oklahoma’s marketable product rule. Litigation writer Natalie Posgate explains.
What began as a bitter legal dispute between Kainos Capital and one of its co-founders exploded into a bitter full-fledged feud Tuesday after the Dallas private equity firm filed a countersuit in Delaware. The company alleges that the original suit, filed by one of its co-founders, was timed to inflict as much damage on Kainos as possible. Natalie Posgate explains. (Editor’s Note: this is an in-depth update from an earlier version of the article).
A Texas judge is considering whether she should end the legal battle between Neiman Marcus and Marble Ridge Capital or further entertain the possibility that the hedge fund issued defamatory statements about Neiman Marcus that hurt its business.
Intercontinental Terminal Co., the company responsible for this week’s black plume in Houston’s sky, was sued in February 2018 by its former hazardous waste specialist for gender discrimination. In December, the lawsuit was amended her compliant to include allegations that the company intentionally released more than a million gallons of hazardous waste into flood waters during Hurricane Harvey to save money. The Houston Chronicle has details.
A Dallas County judge on Tuesday dismissed a lawsuit filed against Neiman Marcus that alleged the Dallas-based luxury retailer engaged in a $1 billion fraudulent transfer that harmed Marble Ridge, a creditor.