Energy Trading Cos. Slap Former GC With Malpractice Suit

Law360, Houston (January 10, 2014, 7:15 PM EST) -- A pair of energy trading businesses slapped their former general counsel with a malpractice suit in Texas court, alleging Wednesday that the attorney should not have sided with one of the companies’ former owners when he demanded to be bought out.

Cobalt Capital Management GP LLC and Cobalt Capital Management Partners LP say that former general counsel Noha Sidhom did not act in the companies’ best interest when she helped former owner Mark Schwausch negotiate a contentious buyout of his minority stake and then quit to...
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