Michael K. TOPALIAN, Don W. Boyett, Bobby McDonald, MJM Ventures, Richard H. Manuel, Jack E. Borroughs and Charles W. Anderson, Plaintiffs-Appellants,
v.
John N. EHRMAN, Rockwood Insurance Company, et al., Defendants-Appellees.
Michael K. TOPALIAN, Warren B. Fienga, Richard H. Manuel, Don W. Boyett, Bobby W. McDonald, Charles F. Lacelle and MJM Ventures, Plaintiffs-Counter Defendants-Appellants,
v.
John N. EHRMAN, Etc., et al., Defendants,
Ehrman Investment Group, Inc., Defendant-Counter Plaintiff-Appellee, and
Onshore Exploration Ltd. 1984 Mid-Year Drilling Program, Counter Plaintiff-Appellee.
Michael K. TOPALIAN, et al., Plaintiffs-Appellants,
v.
John N. EHRMAN, Individually, Etc., et al., Defendants-Appellees.
United States Court of Appeals, Fifth Circuit.https://leagle.com/images/logo.png
March 6, 1992.
Rehearing and Rehearing Denied April 7, 1992.
As Amended April 27, 1992.
Attorney(s) appearing for the Case
Armando Lopez, Lopez & Ramirez, Houston, Tex., W. Sherman Rogers, Washington, D.C., Gillis & Slogar, Houston, Tex., for Michael K. Topalian et al.
Don Jackson, Paul S. Wells, Vinson & Elkins, Houston, Tex., for Houston Petroleum Corp. & Richard O'Donnell.
Stephen W. Schueler, Charles M. Silverman, Neil A. Wasserstrom, Margraves, Kennerly & Schueler, Frank Pinedo, James Austin Pinedo, Pinedo, Cezeaux & Sweeney, Houston, Tex., for Rio Bravo Oil and Bert Gamble.
W. Roderick Johnson, Butler & Binion, Kevin F. Risley, Houston, Tex., for W. Roderick Johnson.
John R. Knight, Morris & Campbell, Houston, Tex., for Robert E. Eckis, Jr.
Frank Pinedo, James Austin Pinedo, Pinedo, Cezeaux & Sweeney, Houston, Tex., for counter plaintiff-appellee in No. 90-2105.
Kevin F. Risley, Butler & Binion, Houston, Tex., for Rockwood Ins.
Frank Pinedo, James Austin Pinedo, Pinedo, Cezeaux & Sweeney, Houston, Tex., for Ehrman and Ehrman Inv. Group in No. 90-2106.
W. Roderick Johnson, Houston, Tex., for W.R. Johnson and W.R. Johnson, P.C. in No. 90-2106.
Don Jackson, Vinson & Elkins, Houston, Tex., for O'Donnell and Houston Petroleum.
Dale Jefferson, D. John Leger, Houston, Tex., for Victor Russek and Russek Co.
Stephen W. Schueler, Neil A. Wasserstrom, Charles M. Silverman, Margraves, Kennerly & Schueler, Houston, Tex., for Bert Gamble and Rio Bravo Oil Co. in Nos. 90-2105 & 90-2106.
Before DUHÉ, WILLIAMS, and GARZA, Circuit Judges.
United States Court of Appeals, Fifth Circuit.
Rehearing and Rehearing En Banc Denied April 7, 1992.
EMILIO M. GARZA, Circuit Judge:
Onshore Exploration Ltd. ("Onshore") is a Texas limited partnership formed to engage in oil and gas drilling ventures. On December 3, 1987, plaintiffs — fifteen out of seventy-seven Onshore investors — brought this action against twenty-three defendants.1 Plaintiffs, alleging that they suffered damages as a result of the offer and...
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