January 12, 2012 in Case Summaries

In a complex partnership dispute that culminated in a multi-million dollar jury verdict, Jeff Levinger persuaded the Houston First Court of Appeals to reverse the judgment against his client, Douglas Strebel.  Strebel’s former partner, John Wimberly, had obtained a $3.4 million judgment  based on the jury’s findings that Strebel had breached alleged fiduciary duties as both the controlling member of a Delaware LLC and the limited partner of a Texas LP.  The court of appeals reversed, holding that Wimberly’s alleged loss of distributions occurred only at the LP level where the parties had contractually disclaimed any fiduciary duties on the part of the general partner and the controlling member of the general partner.  Strebel v. Wimberly, 371 S.W.3d 267 (Tex. App. ‑‑ Houston [1st Dist.] 2012, pet. denied).

Courts: Supreme Court of Texas, Texas Intermediate Appellate Courts
Subject Matter:  Business Litigation

March 28, 2011 in Case Summaries

In a closely-watched case involving shareholder oppression, the Dallas Court of Appeals upheld a judgment in favor of Levinger PC client Ann Rupe based on the jury’s finding that she had been oppressed by the officers and directors of Rupe Investment Corporation when they refused her request to meet with potential purchasers of her stock.  The appellate court also upheld the trial court’s order requiring the defendants to buy back Ms. Rupe’s stock as an equitable remedy for their misconduct. In a landmark ruling that redefined the text of shareholder oppression in Texas, the Supreme Court held that the conduct at issue did not satisfy the new definition of oppression, but remanded the case for further analysis of Ms. Rupe’s fiduciary duty claim. Ms. Rupe was represented at trial by Steve Aldous and Charla Aldous.  Ritchie v. Rupe, as Trustee for the Dallas Gordon Rupe, III 1995 Family Trust, 339 S.W.3d 275 (Tex. App. — Dallas), rev’d in part, 443 S.W. 30 856 (Tex.2014).