Jackson Partners, Energy Co. MEG End Ownership Stake Row

Law360, New York (January 25, 2013, 1:20 PM EST) -- Jackson Partners LLC and McClinton Energy Group told a Texas federal judge Thursday that they had agreed to settle their dispute over whether the oilfield servicer had agreed to give the private equity firm a 5 percent stake in exchange for its help with financing.

In a joint motion, the firms asked the Texas court to stay the case, a consolidation of several claims originally filed in multiple jurisdictions, in the lead-up to the signing of a settlement agreement. Jackson had asked judges in Pennsylvania and...
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