Texas Supreme Court Weighs Jurisdiction in ERG’s $100 Million Suit Over Failed Deal

AUSTIN – A series of emails and phone calls from a Canadian company to Texas concerning a hotly contested stock purchase are the focus of arguments in a $100 million contract-interference dispute under consideration by the Texas Supreme Court.

In two cases consolidated for argument in December, the court is weighing whether ERG Resources LLC, a Houston independent oil and gas operator, has the right to proceed in Texas courts with its claims against its Canadian rival for assets in Colombia.