Levinger PC Teams With Gruber Hurst Trial Lawyers in Massive Oil and Gas Fraud Suit

January 9, 2013 in News
Jeff Levinger served as appellate counsel to Mike Gruber and other trial lawyers from Gruber Hurst Johansen Hail Shank in representing their client, MC Asset Recovery LLC, against Castex Energy in a jury trial before U.S. District Judge Terry Means in Fort Worth.  MC Asset Recovery sued Castex for fraud and breach of contract arising from the sale of an interest in a South Louisiana oil and gas field ‑‑ an interest that Castex had secretly negotiated to resell to Apache for a $75 million profit.  The suit sought compensatory and punitive damages against Castex and affiliated defendants in excess of $400 million.  Castex was represented by the law firms of Susman Godfrey and Gordon Arata.  The case settled on the second day of trial for a confidential sum.

Subject Matter:  Business Litigation, Oil & Gas/Real Estate