Winning Results
Oct, 29
2008
We represented Defendants and Counter-Plaintiffs Frontera Resources Georgia Corporation and Frontera Resources Corporation in an international arbitration involving a significant oil and gas exploration lease. Claimants in the arbitration were GAC Energy Corporation and GAC International. This matter involved a dispute over GAC’s performance related to a 2002 farmout agreement for an ownership interest in an oil and gas […]
Aug, 28
2008
Five years after settling their occupational lung disease claims, 11 Plaintiffs brought suit against our client Tuboscope Vetco International, Inc. and others seeking to set aside the settlements and reopen their claims. Plaintiffs alleged their settlements were part of an unlawful “aggregate settlement” and were void as against public policy. Plaintiffs also alleged that Defendants fraudulently […]
Aug, 01
2008
In the first phase of the trial, Gibbs & Bruns defended St. James Capital Corporation and SJMB LLC in an eight-week jury trial emerging with a complete defense verdict. Plaintiffs asked for $47 million in alleged actual damages, approximately $50 million in disgorgement, and $60 million in punitive damages. Plaintiffs were poured out on all […]
Jun, 01
2008
We represented Francis D. John, former CEO of Key Energy Services, Inc., in a consolidated nationwide federal securities class action arising out of restatement of multiple years’ 10-K’s and 10-Q’s during Mr. John’s tenure. Other named Defendants were Key Energy Services, Inc., the company’s chief financial officer, chief operating officer, and successor chief executive officer. In 2008, […]
May, 01
2008
In late March 2008, Gibbs & Bruns literally hit the ground running to represent CC Media Holdings, Inc. in a tortious interference case arising out of CC Media’s $26 billion acquisition of Clear Channel Communications. CC Media claimed that a consortium of financial institutions, who had committed to fund the merger, were deliberately trying to […]
Jan, 15
2008
Gibbs & Bruns represented the former Outside Drectors of the Enron Board of Directors in litigation arising out of the collapse of Enron. In one of the coordinated and consolidated cases, the trial court found that a firm representing Fleming & Associates engaged in sanctionable conduct and imposed monetary sanctions. As part of a settlement of […]
Jan, 01
2008
This case involved claims for breach of contract, fraud, and tortious interference against a group of Trinidadian oil and gas companies and a Houston-based international energy company. The dispute arose from the breach of a written contract for the development of an offshore oil prospect off the coast of Trinidad, West Indies. Our client, Greenfield […]
Dec, 04
2007
The Interfinancial Corporation (IFC) was formed in 1961 by Marcel Degraye. Since 1961, IFC has been involved in the design and construction of several major engineering projects around the world, including oil and gas pipelines, underground gas storage facilities, oil refineries, and the like. For most of its existence, IFC was owned by five shareholders. […]
Sep, 02
2007
In 2007, the firm represented the Charles T. Bauer Foundation, a charitable organization created by the late Ted Bauer, founder of AIM Investments. The Foundation was an intervenor in a lawsuit brought by Mr. Bauer’s estranged spouse against his estate alleging that he mismanaged community property during his lifetime. Plaintiff alleged over $300 million in damages, an amount that would […]
Aug, 29
2007
This case arose from a failed effort by Landry’s Restaurants, Inc. to preempt the exercise of rights by the holders of $400 million in Landry’s senior notes. Gibbs & Bruns was retained to represent the noteholders after an ex parte temporary restraining order had been entered enjoining them from exercising their rights under the notes and a […]