McGinnis Lochridge Partner, Paul Simpson shared his view with Law360 of the favorable ruling by the Texas First Court of Appeals on multi-million-dollar fraud claim victory on behalf of his clients, the Hooks family in the matter of Charles G. Hooks, III, et. al. v. Samson Lone Star, Limited Partnership n/k/a Samson Lone Star, LLC.
“We are gratified that the Court of Appeals agreed the Hooks are entitled to recover all the royalties and late charges they lost as a consequence of Samson’s fraud, when it held they were foreseeable and resulted from Samson’s misconduct, noting that 'fraud vitiates whatever it touches,'".
The McGinnis Lochridge team included Partners Paul Simpson, Pat Lochridge and Derrick Price.
Read the full article:
“Texas Oil Royalty Owner Faces Reduced Damages In $21M Suit,” Law360, March 15, 2016 (subscription required)