Texas High Court Asked To Rule On Mandatory Venue Clause

Law360, New York (August 3, 2012, 6:26 PM EDT) -- A private equity firm asked the Texas Supreme Court on Wednesday to weigh in on whether a $32.5 million deal triggers a mandatory venue provision that applies to cases arising from “major transactions,” as it tries to transfer an employee lawsuit over stock options.

21st Century Group LLC wants the high court to let it steer a lawsuit brought by nine former employees of Paris Packaging Inc. to Dallas County District Court. The employees sued in Lamar County District Court in February, seeking a declaration of...
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