Mirant Claims Stay Put In Castex $300M Mineral Deal Row

Law360, New York (December 3, 2012, 2:47 PM EST) -- A Texas federal judge ruled Friday that factual disputes prevented Castex Energy Inc. and a Mirant Corp. entity from tossing each other's claims in a lawsuit alleging Castex violated the companies' right to purchase agreement in a $300 million mineral property rights deal.

Castex lost its bid to dismiss MC Asset Recovery LLC's claims, while MC Asset successfully tossed two Castex affirmative defenses but lost summary judgment bids on its breach of contract and fraudulent inducement claims, as well as its bid to toss Castex's remaining...
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Case Information

Case Title

MC Asset Recovery, LLC v. Castex Energy, Inc et al


Case Number

4:07-cv-00076

Court

Texas Northern

Nature of Suit

Bankruptcy Withdrawal

Judge

Terry R Means

Date Filed

February 1, 2007

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