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CAGLE v. MATHERS FAMILY TRUST

Supreme Court Case No. 11SC496.

295 P.3d 460 (2013)

2013 CO 7

Charles Reed CAGLE; Joseph D. Kinlaw; Heartland Energy of Colorado, LLC; Steve Ziemke; Brandon Davis; John Schiffner; Joel Held; Martin Harper; HEI Resources, Inc., f/k/a Heartland Energy, Inc.; Heartland Energy Development Corp.; Reed Petroleum, LLC; D. Deerman Ltd.; and R & J Associates, Inc., Petitioners: v. MATHERS FAMILY TRUST, William H. Mathers, Myra M. Mathers, Thomas E. Carpenter Trust, Margaret M. Carpenter Trust, Robert Hall, and Gianpaolo Callioni, Respondents.

Supreme Court of Colorado.

February 4, 2013.

Attorney(s) appearing for the Case

Attorneys for Petitioners Charles Reed Cagle; Heartland Energy of Colorado, LLC; HEI Resources, Inc.; Reed Petroleum, LLC; and R & J Associates, Inc.: Shoemaker Ghiselli & Schwartz LLC, Paul H. Schwartz , Andrew R. Shoemaker , Alice Warren-Gregory , Boulder, Colorado.

Attorneys for Petitioner Joel Held: Davis Graham & Stubbs LLP, Thomas P. Johnson   Sara P. Bellamy , Denver, Colorado.

Attorney for Petitioner Steve Ziemke: Hogan Lovells U.S. LLP, Jeffrey S. George , Colorado Springs, Colorado.

Attorneys for Petitioners Brandon Davis and Heartland Energy Development Corp.: The Tenenbaum Law Firm: A. Thomas Tenenbaum , George Kreye , Highlands Ranch, Colorado.

Attorney for Petitioners John Schiffner and D. Deerman Ltd.: Robinson Waters & O'Dorisio, P.C: Otto K. Hilbert, II , Denver, Colorado.

Attorney for Petitioner Martin Harper: Ireland Stapleton Pryor & Pascoe, PC, Mark E. Haynes , Denver, Colorado.

Attorneys for Respondents: Pryor Johnson   Carney Karr Nixon , P.C., Irving G. Johnson , John R. Paddock, Jr. , Elizabeth C. Moran , Marta M. Jucha , Patrick A. Singer , Greenwood Village, Colorado.

Attorneys for Amicus Curiae The Colorado Securities Commissioner: John W. Suthers , Attorney General, Alexander C. Reinhardt , Assistant Solicitor General, Russell B. Klein , First Assistant Attorney General, Denver, Colorado.

Attorneys for Amicus Curiae North American Securities Administrators Association, Inc.: Lathrop & Gage LLP, Donald E. Lake, III , Thomas D. Leland , Denver, Colorado.

En banc

CHIEF JUSTICE BENDER delivered the Opinion of the Court.

¶ 1 In this appeal, we review a court of appeals decision reversing the trial court's grant of a motion to dismiss based on a forum selection clause in a sales contract. Mathers Family Trust v. Cagle, ___ P.3d ___, 2011 WL 1797222 (Colo.App.2011).

¶ 2 The defendants, through cold calls, sold the plaintiffs shares in oil and gas joint ventures in Texas, Alabama, and Mississippi. The plaintiffs...

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