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LONGVIEW ENERGY CO. v. HUFF ENERGY FUND LP

No. 15-0968.

533 S.W.3d 866 (2017)

LONGVIEW ENERGY COMPANY, Petitioner, v. The HUFF ENERGY FUND LP, WRH Energy Partners LLC, William R. "Bill" Huff, Rick D'Angelo and Riley-Huff Energy Group LLC, Respondents.

Supreme Court of Texas.

Opinion Delivered: June 9, 2017.

Rehearing Denied December 8, 2017.

Attorney(s) appearing for the Case

David Alan Walton , Beirne Maynard & Parsons, L.L.P., Houston, Sawnie A. McEntire , Beirne Maynard & Parsons, LLP, Dallas, for Amicus Curiae EnerQuest Oil & Gas, Ltd.

Robert B. Gilbreath , Hawkins Parnell Thackston & Young LLP, Dallas, for Amicus Curiae Gilbreath, Robert B.

Cullen M. Godfrey , College Station, for Amicus Curiae Godfrey, Cullen M.

Michael J. Blayney , Wilmer Cutler Pickering Hale & Dorr LLP, Washington DC, for Amicus Curiae National Association of Corporate Directors.

Rex H. White Jr. , Law Offices of Rex H. White, Jr., Austin, for Amicus Curiae Texas Independent Producers & Royalty Owners Association.

Bradley Lee Whitlock , Scheef & Stone, L.L.P., Dallas, for Amicus Curiae Whitlock, Brad.

Craig B. Florence , Lucas C. Wohlford , Rachel Kingrey , Randy D. Gordon , Stacy R. Obenhaus , Gardere Wynne Sewell LLP, Dallas, Claudio Heredia , Rolando M. Jasso , Knickerbocker Heredia Jasso & Stewart, P.C., Eagle Pass, Edward William Allred , Francisco Guerra IV , Mikal C. Watts , P. Brian Berryman , Watts Guerra LLP, San Antonio, William V. Dorsaneo III , SMU School of Law, Dallas, for Petitioner.

Pamela Stanton Baron , Attorney at Law, Austin, Sharon E. Callaway , Crofts & Callaway, P.C., San Antonio, Ricardo R. Reyna , Brock Person Guerra Reyna, P.C., San Antonio, Thomas R. Phillips , Matthew Carlton Wood , Baker Botts LLP, Austin, Ashley Dahlberg , Dean V. Fleming , Jeffrey A. Webb , Michael William O'Donnell , Norton Rose Fulbright US LLP, San Antonio, JoAnn Storey , JoAnn Storey, P.C., Houston, Alfredo Z. Padilla , The Law Office of Alfredo Padilla, Carrizo Springs, Daryl L. Moore , Daryl L. Moore, P.C., Houston, for Respondents.

This case involves the questions of whether two directors breached their fiduciary duties to a corporation, and if so, whether the evidence and jury findings support the remedies imposed by the trial court.

Longview Energy Company sued two of its directors and entities associated with them...

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