Jun, 02
2011
Gibbs & Bruns was named a “Highly Commended Top Tier Firm–2011” by InterContinental Finance Magazine. The firm was considered to have “performed to exceptional levels during one of the most difficult economic periods ever experienced.” InterContinental Finance readership includes “key level individuals within the World’s leading Banks and providers of alternative finance such as Asset, […]
Jun, 02
2011
H-Texas magazine names four Gibbs & Bruns lawyers in its annual issue recognizing Houston’s “Top Lawyers.” Gibbs & Bruns partners Robin Gibbs, Barrett Reasoner, and Brian Ross, along with associate Laura Kissel, all appear in the June 2011 special edition. The Top Lawyers list is compiled through a combination of reader and peer nominations. […]
May, 19
2011
HOUSTON, May 19, 2011 – Yesterday, Texas State District Judge, the Honorable R.K. Sandill, entered a $196 million judgment in favor of Gibbs & Bruns LLP’s client, D. Bobbitt Noel, Jr., against Dallas billionaire Trevor Rees-Jones and energy giant Devon Energy Production Co., L.P. (DVN). The fraud and breach of fiduciary duty judgment was based […]
Mar, 31
2011
HOUSTON, March 31, 2011–Counsel for BAC Home Loans Servicing, LP and Gibbs & Bruns LLP on behalf of certain investors including those who signed the previously-reported October 18, 2010 letter with respect to private label residential mortgage-backed securitizations, as well as counsel for The Bank of New York Mellon, as trustee, have agreed to […]
Mar, 28
2011
Gibbs & Bruns partner Brian T. Ross was named to the 2011 Houston Business Journal‘s 40 Under 40 list. Following a nomination process, HBJ editors selected 40 professionals who stood out as “young leaders who excel in their industries, are respected business leaders and show dynamic leadership in their community.” The honorees were celebrated at an event […]
Mar, 16
2011
On March 16, 2011, Judge Daniels in the Southern District of New York approved the plan of distribution supported by Gibbs & Bruns 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). In a hearing on March 16th, Gibbs & Bruns partner […]
Mar, 15
2011
HOUSTON, March 15, 2011 – Gibbs & Bruns LLP announced today that a Texas jury awarded a $116 million fraud verdict late Monday against Dallas billionaire Trevor Rees-Jones and energy giant Devon Energy Production Co., L.P. (DVN). The damages for fraud and breach of fiduciary duty were awarded to D. Bobbitt Noel, Jr., who was […]
Mar, 02
2011
We represented Kinder Morgan in an arbitration against Myria Holdings, Inc. Myria owns 80% and Kinder Morgan owns 20% of Natural Gas Pipeline Company of America LLC (NGPL). Kinder Morgan is the operator of the pipeline pursuant to an Operations and Reimbursement Agreement (O&R Agreement). NGPL is the largest pipeline operated by Kinder Morgan. Myria […]
Mar, 02
2011
Following a complex five-week trial, a Houston jury returned a verdict for client SourceGas Distribution LLC (SourceGas) against Noble Energy, Inc (Noble). The jury determined that Noble breached its Gas Purchase Agreement (GPA) with SourceGas by selling SourceGas natural gas at above-market prices that SourceGas was not obligated to purchase under the GPA. The […]
Mar, 02
2011
Gibbs & Bruns represented Farouk Systems, manufacturer of the popular CHI hair care products, in an action against Costco concerning the sale of counterfeit products. After a seven day trial, the jury determined that Costco had sold a counterfeit CHI hair iron. The jury also awarded Farouk Systems the maximum statutory damages for non-willful […]