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

  1. January 09, 2013

    Castex Settles Mirant Claims In $126M Mineral Deal Suit

    Castex Energy Inc. on Wednesday settled a $126 million suit brought by a successor to bankrupt Mirant Corp. that challenged a Castex sale of Louisiana mineral rights, after a Texas federal judge delayed the trial's opening to allow settlement talks to continue, attorneys said.

  2. January 08, 2013

    Baker Botts Attys May Take Stand In $126M Oil Lease Trial

    A Texas federal judge on Monday said Baker Botts LLP attorneys who worked on a $305 million oil and gas lease deal for Castex Energy Inc. must be prepared to testify at a trial that will begin Wednesday in a suit challenging the deal as fraudulent.

  3. December 12, 2012

    Mirant Successor Cries Perjury In $305M Oil Lease Suit

    A successor to Mirant Corp. on Tuesday accused Castex Energy Inc. and a group of its shareholders of "unrepentant misconduct" and submitting a perjured affidavit in the company's Texas federal suit alleging it was cheated in a $305 million oil and gas lease sale.

  4. December 03, 2012

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

    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.

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