Gardere Successfully Defends RELA Claim on Behalf of Client

14 May 2013 News

Law360 reported on the 1st District Court of Appeals finding that oil and gas investors Brian Shanklin and Todd Rimmer could not invoke penalties imposed by the Texas Real Estate License Act because they did not pay the commission to Bassoe Offshore (USA) Inc. Mr. Shanklin and Mr. Rimmer had hired Bassoe to assist with acquiring offshore rigs from Pride International Inc. Pride later sold the rigs to Blake International, which had also been represented by Bassoe, according to the opinion. Mr. Shanklin and Mr. Rimmer filed suit against Bassoe alleging several breach of contract and fraud claims in addition to a cause of action under RELA, which allows "aggrieved parties" to recover commissions paid in real estate deals to unlicensed brokers. The court dismissed the RELA claim because Blake had paid commission on the sale to Bassoe, the investors did not qualify as aggrieved parties and the investors lacked standing to recover under the statute.

Bassoe is represented by Gardere Litigation Attorneys James G. Munisteri and Stacy R. Obenhaus.

Subscribers can access the full article here.

Related Services


5 Tips for Law Students Heading into Interview Season
03 August 2021
Foley Career Perspectives
Intellectual Property for Fashion and Beauty Consumer Products
03 August 2021
460,000+ Cybersecurity Professional Jobs are Available!
03 August 2021
Internet, IT & e-Discovery Blog
Foley Weekly Automotive Report
03 August 2021
Dashboard Insights
30th Annual Law of Product Distribution & Franchise Seminar
29 September | 7 & 20 October 2021
Milwaukee | Chicago | Dallas
7th National Telehealth Summit
4-5 October 2021
Miami Beach, FL
AHLA Fraud & Compliance Forum
21-22 September 2021
Baltimore, MD
2nd Clinical Trial Agreements Forum
16-17 September 2021
Online Livestream