Business matters can be complex legal entanglements that can tie up an executive’s time and money instead of allowing them to profitably run their business and pursue the expansion of their company. In today’s litigious society, having a legal counsel who is highly skilled in business litigation matters is vital to the survival and health of your company.
Too often, when a business has a legal conflict with another business, it resorts to the traditional, but out-of-date mindset of relying solely on its in-house counsel of defense attorneys. In the 21st century, more and more businesses are recognizing the value and the need to have an experienced and aggressive team of litigators on hand for times when their conflicts escalate to the tort system.
One of the most famous cases of a business going outside of its in-house counsel and hiring an experienced plaintiff’s attorney was the 1984 case of Penzoil v Texaco. After Texaco made a “backdoor deal” to buy Getty Oil after Getty Oil had already agreed to merge with Penzoil, Penzoil hired famed Houston plaintiff attorney, Joe Jamail. Jamail and Pensoil then filed suit against Texaco in the tort system and ultimately were awarded a monumental $10.53 billion dollar judgment.
BCA’s arsenal of aggressive litigators combined with the financial and legal resources of a national law firm gives our firm key competitive advantages over nearly every other plaintiff’s firm in the business litigation industry.
To learn more about the BCA Business Litigation Team, please visit www.bcabusiness.com (Coming soon).
Brent Coon & Associates has worked on high end business litigation cases involving legal issues such as fraudulent inducement, corporate disparagement, breach of contract, fraud and violations of federal security and banking laws. Below are some notable cases in which BCA has represented and succeeded for its corporate clients.
Jesco v Henderson County & FEMA
Following historic floods in 2008, Henderson County, IL sought Jesco’s services to pump 60-70 billion gallons of water out of the ground and into the Mississippi River. Over the course of six weeks, Jesco completed the job and invoiced the county for nearly $30 million dollars, but Jesco never received payment. After several years of Jesco seeking payment, Henderson County Board Chairman cited “red tape” and due diligence as the reason for non-payment, but witnesses to public board meetings attested to hearing the Chairman state that the county never had any intention of paying Jesco from day one.
After three years of non-payment, Jesco hired BCA to pursue litigation, citing several incidents to supports its case, ranging from the falsifying of information, the use of improper accounting measures and deliberate acts to improperly void the contract between Henderson County and Jesco.
Glen Graves vs Peanut Butter Warehouse & TBDL Limited
Glen Graves had entered into a partnership with Jerry Starkey to launch a residential real estate development project known as the Peanut Butter Warehouse Lofts. In 2010, Graves filed suit against Starkey and two corporate defendants breached their contractual obligations. Graves also alleged that the defendants breached their fiduciary duties, were negligent and committed fraud. Attorneys examined all accounting and banking records and were able to trace the funds and show that the diverted money was in violation of the contractual agreement. After a six week jury trial, Mr. Graves was awarded $1.6m in damages.