PE Firm Accused Of Aiding Pipeline Co.'s Trade Secrets Theft

Law360, Dallas (July 10, 2013, 7:11 PM ET) -- A pipeline maintenance company said in Texas state court Tuesday that Galatyn Private Equity Holding LP infused cash into a rival pipeline operations business launched by its former CEO, allowing the upstart to use allegedly misappropriated trade secrets and poach key employees.

In its request for a pre-suit deposition of Galatyn’s managers, Energy Maintenance Services Group I Inc. said it was investigating potential claims for tortious interference with contracts and a civil conspiracy claim against the firm arising out of its relationship with Energy Services Acquisitions...
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