Raymond SOMERS, derivatively on behalf of EGL, INC., and Vivian Golombuski and Platinum PVA Fund, on behalf of themselves and all others similarly situated, and Platinum PVA Fund, Appellants,
v.
James R. CRANE, Milton Carroll, James C. Flagg, Frank J. Hevrdejs, Paul W. Hobby, Michael K. Jhin, Neil E. Kelley, Sherman Wolff, Centerbridge Partners, L.P., The Woodbridge Co. Ltd. and Nominal Defendant EGL, Inc., Appellees.
Raymond Somers, derivatively on behalf of EGL, Inc., Appellant
v.
James R. Crane, Milton Carroll, James C. Flagg, Frank J. Hevrdejs, Paul W. Hobby, Michael K. Jhin, Neil E. Kelley, Sherman Wolff, Centerbridge Partners, L.P., The Woodbridge Co. Ltd. and Nominal Defendant EGL, Inc., Appellees.
Court of Appeals of Texas, Houston (1st Dist.).https://leagle.com/images/logo.png
March 26, 2009.
March 26, 2009.
Attorney(s) appearing for the Case
Sharla J. Frost, Joyce B. Margarce, Powers & Frost, L.L.P., Paul T. Warner, The Warner Law Firm, H. Ronald Welsh, Houston, TX, Randall J. Baron, Kevin K. Green, Darren J. Robbins, David T. Wissbroecker, Coughlin Stoia Geller Rudman & Robbins L.L.P., San Diego, CA, Mark C. Rifkin, Wolf Haldenstein Adler Freeman & Herz L.L.P., New York, NY, for Appellants.
Daniel David, Baker Botts, L.L.P., Andrew L. Strong, Samuel Stubbs, Pillsbury, Winthrop, Shaw, Pittman, L.L.P., Gerald Pecht, John Francis Sullivan III, Fulbright & Jaworski L.L.P., H. Lee Godfrey, Joseph S. Grinstein, Susman Godfrey, L.L.P., Jean C. Frizzell, Laura J. Kissel, Gibbs & Bruns, L.L.P., Larry R. Veselka, Smyser, Kaplan & Veselka, L.L.P., Melanie Gray, Scott J. Atlas, Weil, Gotshal & Manges L.L.P., Odean L. Volker, Haynes & Boone, L.L.P., Houston, TX, Eduard Korsinsky, Zimmerman, Levi & Korsinsky, L.L.P., Gregory M. Nespole, Wolf Haldenstein Adler Freeman & Herz, L.L.P., Nadeem Faruqi, Faruqi & Faruqi, L.L.P., David Elbaum, Bruce D. Angiolillo, Simpson Thacher & Bartlett, L.L.P., New York, NY, Mark C. Gardy, Gardy & Notis, L.L.P., Englewood Cliffs, NJ, for Appellees.
Panel consists of Justices JENNINGS, HANKS, and BLAND.
Court of Appeals of Texas, Houston (1st Dist.).
OPINION
TERRY JENNINGS, Justice.
In appellate cause number 01-07-00754-CV, appellants, Raymond Somers, derivatively on behalf of EGL, Inc., and Vivian Golombuski and Platinum PVA Fund, on behalf of themselves and all others similarly situated (the "Class"), challenge the trial court's order dismissing their breach of fiduciary duty claims against appellees, James R. Crane, Milton Carroll, James C. Flagg, Frank J. Hevrdejs, Paul W. Hobby, Michael K. Jhin...
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