March 25, 2021
A Dallas-based private equity firm can't duck a $35.5 million judgment against it in a contract dispute over offshore oil and gas exploration projects, a panel of Fifth Circuit judges ruled on Thursday, rejecting all its attacks on the award, including that the companies involved in the case never asked for payment.
August 11, 2020
A Dallas-based private equity company on Monday told the Fifth Circuit it shouldn't owe $35.5 million in damages following a contract dispute over offshore oil and gas exploration, saying the money was never sought and the award was based on testimony excluded by the court.