Fraud Suit Against Ex-SemGroup CEO Sent To State Court

Law360, New York (August 26, 2011, 5:52 PM EDT) -- An Oklahoma federal judge on Friday sent back to state court a fraud suit filed against Thomas L. Kivisto, the former CEO of once-bankrupt SemGroup LP, by the company's former limited partners, saying federal bankruptcy jurisdiction did not exist in the case.

The case will now go to the Tulsa County District Court, according to a minute order.

"It's the right result,” Andrew S. Hicks of Schiffer Odom Hicks & Johnson PLLC , an attorney for the limited partners, told Law360 on Friday.

“We filed in...
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