D. Bobbitt Noel, Jr. v. Devon Energy Production Co., LP, et al.
Represented Plaintiff in a fraud and breach of fiduciary duty case involving buy-out of minority interests in Chief Holdings, LLC. Won a $196 million verdict after a five week jury trial and defeated all of Defendants’ counterclaims.
William S. Kaye v. Lone Star Fund V (U.S), LP, et al.
Represented former officers of Bruno’s Supermarkets, LLC in suit brought on behalf of unsecured creditors by liquidating trustee, alleging breaches of fiduciary duty prior to and in connection with the company’s filing for Chapter 11 bankruptcy. Obtained dismissal of all claims at motion to dismiss stage.
In re Guardianship of Lenny C. Katz: Jerold B. Katz v. Gross, et al.
GC Services Limited Partnership, et al. v. Gross
Represented individual Defendant Gross in two related actions involving allegations of malfeasances as trustee of several large trusts, as officer of two privately held companies, and as purported fiduciary. All claims against Gross were dismissed at summary judgment stage or pursuant to a settlement agreement under which Gross paid nothing to Plaintiffs.
Kay Dobbs, as Trustee on behalf of The Jeffrey P. Dobbs Irrevocable Trust, et al. v. American International Group, Inc., et al.
Represented Kay Dobbs and ProStaff, Inc. in suit against American General Life Insurance Company and American International Group, Inc. to recover $25 million in benefits owed under two life insurance policies, which had been denied under a suicide exclusion. Weeks before trial, the parties entered into a confidential settlement agreement.
In re Cirrus Logic, Inc.
Represented several officers and directors in federal and state derivative actions brought by shareholders of Cirrus Logic, Inc., claiming securities fraud based on allegedly intentional manipulation of stock option grant dates. While motions to dismiss were pending, the parties reached a settlement under which plaintiffs agreed to dismiss all claims, and Cirrus Logic adopted certain corporate governance procedures and revised its option granting procedures.
Willis Group, LLC and Seis-Strat Services, L.L.C. v. Antares Enterprises, L.P. et al.
Represented Claimants, the Willis Group and Seis-Strat, in an arbitration proceeding initiated after the clients had been sued in state court for failing to pay an earn-out pursuant to a purchase agreement governing the acquisition of Seis-Strat from Antares by the Willis Group. After the case was successfully moved to arbitration, the Willis Group and Seis-Strat alleged that the company’s condition was not as Antares, the seller, had represented it. Ultimately, claimants were awarded damages with a value of approximately $1.4 million, and the original plaintiff in state court was awarded nothing.
Landry’s Restaurants, Inc. v. Post Advisory Group, LLC et al.
Represented Landry’s bondholders in defeating ex parte injunction, issued by United States District Court in Galveston, that prohibited acceleration and enforcement of $400 million in notes.