Oil Investor's $31M Award Upheld, Collection Efforts Nixed

Law360, Houston (April 18, 2013, 7:04 PM EDT) -- A Texas appeals court on Thursday upheld a $31 million judgment in favor of an energy investor who says her business partner siphoned millions for personal expenses, but it stopped her from collecting the award, saying the trial court’s execution orders were invalid.

The 13th District Court of Appeals found no defects in a trial court’s confirmation of Corpus Christi heiress Toby Shor’s $31 million arbitration award against Paul Black and his oil and gas companies, but overturned three turnover orders she had obtained to enforce...
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