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PE Firm Prevails in $460M Breach of Contract Case

A Houston appeals court has affirmed the dismissal of a $460 million lawsuit against Five Point Energy by Patterson Midstream Services, one of its portfolio members.

The lawsuit claimed that Houston-based Five Point’s management and several of its investment funds had usurped corporate opportunities that should have gone to Patterson Midstream and its owner, Marty Patterson.

Natalie Posgate

Natalie Posgate covers pro bono work, public service and diversity within the Texas legal community.

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