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SPARKS v. BAXTER

No. 87-1244.

854 F.2d 110 (1988)

Don L. SPARKS and Discovery Operating, Inc., Plaintiffs-Appellees, v. R.P. BAXTER, Sr., Brady R. Baxter, and Colleen S. Baxter, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

September 7, 1988.

Attorney(s) appearing for the Case

Joe Bailey Hyden, Guittard, Hyden & Guittard, Robert P. Baxter, Jr., Kenneth L. King, Bruce W. Claycombe, Dallas, Tex., for defendants-appellants.

Deborah H. Loomis, Asst. Atty. Gen., Chief, Finance Div., Austin, Tex., James V. Hammett, Jr., Deborah Essig Taylor, Butler & Binion, Houston, Tex., for amicus State of Tex.

W.B. Browder, Jr., Midland, Tex., for amicus Independent Petroleum Assn. of America.

A. Scott Anderson, Austin, Tex., for amicus Texas Independent Producers, et al.

Before POLITZ and JOHNSON, Circuit Judges, and BOYLE, District Judge:

POLITZ, Circuit Judge:

R.P. Baxter, Sr., Brady R. Baxter, and Colleen S. Baxter appeal a judgment on jury verdict, and an order awarding expenses, contending that the evidence does not support the verdict; they were not joint venturers with appellees Don L. Sparks and Discovery Operating, Inc.; appellees violated both federal and Texas securities laws; Colleen S. Baxter should not have been cast for the full amount of the award; and the expenses awarded are not recoverable...

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