AT&T Again Beats PE Firm’s $780M Suit Over T-Mobile Deal

Law360, Dallas (September 05, 2013, 8:35 PM ET) -- A Texas appeals court on Tuesday again rejected a German private equity firm’s bid to hold AT&T Inc. liable for about $780 million the firm claims it’s owed after doing consulting work leading up to AT&T’s failed bid to buy T-Mobile USA Inc.

The Fifth District Court of Appeals denied without comment a motion for rehearing filed Aug. 15 by General Capital Group Beteiligungsberatung GmbH, that sought to reverse a trial court’s award of summary judgment to AT&T. The firm had argued an appellate panel wrongly...
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