Shale spent a great deal of time and money developing the Jayhawk prospect. The jury did the right thing by compensating Shale and punishing Eagle for their conduct. Hopefully, Eagle finally got the message.
Houston, Texas (PRWEB) September 16, 2014
A Harris County jury returned a $19 million verdict for Shale Exploration LLC, a Ft. Worth-based oil and gas exploration company, finding that Dallas-based Eagle Oil & Gas had stolen part of a proprietary oil and gas prospect developed by Shale in Montana called the Jayhawk. Cause No. 2012-25694; Shale Exploration, LLC v. Eagle Oil & Gas Co. and Eagle Wes-Tex, LP; In the 152nd Judicial District Court, Harris County, Texas.
Gravely & Pearson attorneys, Matthew R. Pearson and Valerie L. Cantu, represented Shale Exploration, LLC. After a 2½-week trial, the jury found Eagle Oil and Gas breached a confidentiality and non-circumvention agreement with Shale, and that Eagle unlawfully took trade secrets and proprietary information about Shale’s prospect for its own use. The jury awarded Shale $14.3 million in compensatory damages and $4.5 million in punitive damages for Eagle’s malicious conduct. Eagle was represented by Bruce and Ira Bowman of the Dallas-based firm, Godwin Lewis, LP.
Following the verdict, Pearson said: “Shale spent a great deal of time and money developing the Jayhawk prospect. The jury did the right thing by compensating Shale and punishing Eagle for their conduct. Hopefully, Eagle finally got the message.”
Gravely & Pearson, L.L.P. represents businesses and corporations of all sizes in business disputes. Gravely & Pearson, L.L.P. attorneys are consistently recognized for their work at both the trial and appellate level.
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