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.