A Southern District Court jury in Houston awarded $138 million to Carlo Civelli, who claimed Philippe Mulacek owed him money he loaned to him and broke agreements they made. The pair had worked together in a company, InterOil, which invested in properties in Papua New Guinea for potential oil and gas.
“It’s been a long and hard-fought battle to get to this point,” said Munsch Hardt’s Richard Schwartz, who represents Carlo Civelli.