Archer Well Company, Inc. v. GW Holdings I LLC et al

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Case overview

Case Number:

1:12-cv-06762

Court:

New York Southern

Nature of Suit:

Contract: Other

Judge:

Jed S. Rakoff

Firms

Companies

Sectors & Industries:

  1. August 16, 2013

    Archer, Wexford Settle Suit Over $674M Well Servicer Sale

    A New York federal judge on Thursday approved the dismissal of Archer Well Co. Inc.'s suit accusing Wexford Capital LP and GW Holdings I LLC of misleading it into buying shoddy pump service companies for $674 million, this after the parties reached a settlement.

  2. June 05, 2013

    Rakoff Grants Partial Win To Wexford In Suit Over $674M Deal

    A New York federal judge on Monday granted partial summary judgment to Wexford Capital LP, a firm accused of misleading Archer Well Co. Inc. into purchasing a group of shoddy pump service companies for $674 million, removing one of the defendants and clearing the way for a mid-August bench trial.

  3. April 16, 2013

    Archer Can't Show Damages In $674M Deal Row, PE Firm Says

    A private equity group accused of misleading Archer Well Co. into purchasing a group of shoddy pump service companies for $674 million asked a New York federal judge to dismiss securities fraud claims in the case Monday, saying Archer lacks proof of any damages.

  4. February 01, 2013

    Wexford Capital Skirts Fraud Claims Over $674M Archer Deal

    A New York federal judge on Friday dismissed securities fraud claims brought by oil and gas contractor Archer Well Co. Inc. against Wexford Capital LP over a $674 million purchase of pump services companies that were allegedly in worse shape than the private equity firm had claimed.

  5. September 10, 2012

    Wexford Capital Sued Over $674M Sale Of Failing Well Servicer

    Oil and gas drilling contractor Archer Well Co. Inc. filed suit Thursday in New York federal court against Wexford Capital LP, claiming the pump services company it bought from Wexford for $674 million last year was in worse shape than the private equity firm had claimed.

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