Texas High Court Asked To Revive $780M Suit Against AT&T

Law360, Houston (October 29, 2013, 4:58 PM EDT) -- A German private equity firm asked the Texas Supreme Court Friday to revive a $780 million suit against AT&T Inc. over the telecommunication giant’s failed bid to buy T-Mobile USA Inc., saying its claims are allowed under state law even though the deal collapsed.

General Capital Group Beteiligungsberatung GmbH argued in a petition for review filed with the high court that the Fifth District Court of Appeals wrongly concluded that the firm’s fraud and breach of contract claims relating to consulting work had been rendered moot...
To view the full article, register now.