Winning Results
Mar, 17
2017
On March 17, 2017, the firm reached a settlement with the Plan Administrator for Lehman Brothers Holdings Inc. and the other Debtors in the Lehman bankruptcy proceeding on behalf of 14 institutional investor clients. The agreement obligates Lehman to make a binding offer to the trustees of 244 RMBS trusts issued by Lehman (or into […]
Apr, 15
2015
We represented various affiliates of Kinder Morgan (the largest midstream and fourth largest energy company in North America) in a multi-million dollar contract dispute with Alliance Energy Services, LLC (a propane trading and supply company that shipped propane on Kinder Morgan’s international “Cochin” pipeline). In an effort to avoid a $5.3 million contractual deficiency fee […]
Mar, 05
2015
On March 5, 2015, the New York Supreme Court Appellate Division approved in its entirety the $8.5 billion Countrywide RMBS settlement negotiated by Gibbs & Bruns LLP on behalf of its RMBS clients, including PIMCO, Blackrock, MetLife and others. This is a resounding victory which received worldwide top billing in the financial press with The New York […]
Feb, 11
2015
We represented Venoco, Inc., a mid-size oil and gas company based in Colorado, in a contract dispute with Denbury Onshore, LLC, a subsidiary of Denbury Resources, Inc., regarding Venoco’s reversionary interest in a Texas oilfield, wherein the parties disputed the meaning of several terms that affected when “payout” would occur. After a week-long arbitration hearing […]
Nov, 02
2014
We represented Waste Management, Inc. and Waste Management of Texas, Inc. in a case brought by Harris County, Texas alleging over 40 years of discharges into the San Jacinto River from a dump site containing paper mill waste that was abandoned in the late 1960’s. Citing various sections of the Texas Water Code and Texas […]
Apr, 16
2014
We represented SM Energy Company, Potato Creek LLC, Open Flow Gas Supply Corporation, and SJ Exploration LLC in an action against Endeavour Operating Corporation. The case arose from Endeavour Operating Corporation’s breach of two purchase and sale agreements to purchase our clients’ interests in oil and gas leases, a pipeline, and related facilities in the […]
Mar, 01
2014
Gibbs & Bruns represented a major provider of automotive dealership management systems in federal litigation involving claims of copyright infringement, complex antitrust issues, tortious interference with contracts and other issues. The firm successfully moved to dismiss the antitrust and other counterclaims alleged against its client and the case later settled amicably.
Apr, 04
2013
In March 2011, Judge Daniels in the Southern District of New York approved the plan of distribution supported by client Carnegie Mellon University in the $815 million Westridge Capital receivership case, SEC v. WG Trading Investors, L.P. et al., 09-CIV-1750 (S.D.N.Y). During the March hearing, Scott Humphries, representing Carnegie Mellon University and speaking on behalf of […]
Mar, 14
2013
On March 14, 2013, Gibbs & Bruns reached a $400 million settlement with Credit Suisse Securities LLC on behalf of its clients in the National Century Enterprises (NCFE) Securities Litigation. The settlement came two weeks prior to jury selection in what was expected to be a six-week trial in the Southern District of New […]
Dec, 28
2012
Gibbs & Bruns achieved a favorable settlement on behalf of DaVita, Inc., one of the world’s largest providers of dialysis services. DaVita had been sued in a substantial and complicated qui tam lawsuit in the Eastern District of Texas, in which a private individual pursued claims on behalf of the United States government. The claims involved […]