Law360 covered Huff Energy Fund LP's urging of a Texas appeals court to overturn a judgment worth an estimated $595 million, arguing a trial judge gave an undeserved windfall to Longview Energy Co. after the Eagle Ford shale deal fizzled from the September 2012 judgment. Gardere Litigation Partner Craig B. Florence, who represents Longview Energy, said Huff companies are mischaracterizing the damages as punitive and that the size of the constructive trust is appropriate.
"Essentially what they're doing is regurgitating the arguments they made that were not successful with a jury," Mr. Florence said. "At the end of the day, Delaware law does no favors to parties that engage in corporate infidelity."
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