Law360, New York (October 17, 2008) -- Nearly nine years after an energy project developer accused General Electric Capital Corp. of breach of fiduciary duty, fraud and conspiracy, a panel of appeals judges on Thursday reversed a trial court decision, handing the company a victory because of an indemnification agreement.
A three-judge panel in the U.S. Court of Appeals for the Fifth Circuit ruled against Canatxx Energy Ventures Inc. and nullified more than $136 million in damages....
