No Win For Rand McNally Ex-CEO, PE Firm In Dispute

Law360, New York (March 1, 2012, 7:24 PM EST) -- All roads led to disappointment for the former CEO of mapmaker Rand McNally and the company's private equity owners, as a Texas federal judge ruled Thursday that neither party prevailed in their breach of contract suits against the other.

Florida-based private equity firm Patriarch Partners Management Group LLC was justified in firing technology platform leader Andrzej Wrobel for misusing the firm's travel expense reimbursement system — but it couldn't prove Wrobel was stealing, or that he had smeared the company in violation of his contract's nondisparagement...
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