We represented Arcadian Corporation, a fertilizer manufacturer, in a suit brought in the name of the Port Authority by the Port Authority’s subrogated insurance carriers. The carriers sought to hold certain fertilizer manufacturers liable under a products liability theory for property damage sustained by the Port Authority as a result of the 1993 terrorist bombing of […]
Peggy Masterson Stinnett, et al. v. Colorado Interstate Gas Company v. Mesa Operating Limited Partnership
The firm was lead counsel for the Defendant in royalty suit alleging underpayment of royalties, fraud, breach of fiduciary duty, and negligent misrepresentation. Pre-trial damages claims exceeded $400 million; demand at trial exceeded $61 million. The jury found that Plaintiffs were barred from pursuing their claims and that Plaintiffs’ damages were less than $150,000. Based […]
We were counsel for nine mutual funds managed by Merrill Lynch Asset Management; Franklin Advisers, Inc.; and other mutual fund Plaintiffs in a suit alleging violations of federal and state securities laws arising out of the issuance and sale of $73 million in mortgage revenue bonds used to develop six private prisons in Texas. The […]
We represented Defendant Morgan Stanley & Co., Inc. in a class action seeking damages in excess of $500 million. The case concerned allegations of negligence and securities fraud against Morgan Stanley in its role as financial advisor and underwriter to the Republic Bank-Interfirst Bank merger. The case settled favorably for Defendant.
Robin Gibbs was co-lead counsel along with former partner Paul Dobrowski representing Plaintiff distributor. Robin and Paul obtained a $4.1 million judgment, following a five week jury trial, against Defendant manufacturer for breach of joint venture agreement.
We represented Defendants in a lender liability case involving claims of $10 million in actual damages and $34 million in punitive damages. We secured a verdict for Defendants on all liability issues with zero damages. The matter was affirmed on appeal.
We were counsel for Plaintiff in claiming that Defendant breached a joint venture agreement to develop cogeneration projects. We secured a $60 million jury verdict for Plaintiff. The case settled favorably on appeal.
We were counsel for Defendant Coastal in a suit by Tenneco and Northwestern Pipeline Company seeking injunctive relief and damages against Coastal to prevent construction of an $800 million natural gas pipeline in the western United States. The injunction was denied. The matter was affirmed on appeal.
Gibbs & Bruns won an $8 million lender liability verdict against Allied Bank of Texas for client Basil Narun.