Appeals Bond On $595M Award Slashed In Eagle Ford Suit

Law360, New York (February 12, 2014, 8:08 PM EST) -- A Texas appeals court ruled Wednesday that two energy companies and their directors were required to put up excessive bonds while appealing an estimated $595 million judgment over a hijacked land deal in the Eagle Ford Shale, finding that each defendant doesn't have to pay a separate bond.

In a 2-1 split ruling, the Fourth Court of Appeals ruled that a trial judge incorrectly sided with Longview Energy Co. in ordering two of its directors and their companies — The Huff Energy Fund LP and Riley-Huff...
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