Thompson & Knight Fights Patriot's Award In Gas Sale Row

Law360, Dallas (March 26, 2014, 8:30 PM EDT) -- Thompson & Knight LLP on Wednesday told a Texas appeals court there’s no evidence supporting a $960,000 judgment against the firm after its bad advice allegedly caused a delay in the sale of oil and gas assets owned by Patriot Exploration LLC.

The firm’s general counsel, G. Luke Ashley, argued that testimony about the damages Patriot suffered from a five-and-a-half-month delay in closing the sale used an improper valuation by its expert witness that overvalued production from wells drilled on the property and didn’t take higher...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.