Maverick LNG Holdings Ltd, et al. v. Merrill Lynch Commodities, Inc.
Represented Plaintiffs, all companies focused on worldwide LNG opportunities, in a pending suit against Merrill Lynch involving claims of misappropriation of trade secrets and breach of a confidentiality agreement relating to a project to liquefy natural gas using vessel-based liquefaction off the western coast of British Columbia.
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 our 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 net damages of $999,999 plus attorney's fees, 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 the United States District Court in Galveston that prohibited acceleration and enforcement of $400 million in notes.