COX P.L.L.C. HOUSTON MANAGING PARTNER TRACY FREEMAN’S CLIENT OBTAINS COMPLETE VICTORY AT ARBITRATION; CLIENT AWARDED ITS FEES AND COSTS

Houston – Cox P.L.L.C. is pleased to announce that its client, a global consulting firm and its director, won a complete defense award following a one-week JAMS Arbitration proceeding in Houston last Summer. The arbitrator, a former United States federal district court judge, issued a 37-page Opinion and Interim Award on February 15, 2022, finding for our Client on all causes of action and awarding our Client, as prevailing party, its attorney’s fees, costs, and expenses. Tracy Freeman, the Managing Partner of our Houston Office was lead counsel for the Client. He was assisted by Senior Paralegal Christie Bunch. The Claimant is an entrepreneur and inventor of novel anti-corrosion technology designed to remove contaminants and other corrosive materials from concrete, metal, and other structural surfaces in the oil and gas industry. After years patenting, modifying, and re-patenting his technology with little financial success, Claimant retained our Client to disentangle him from an unfavorable business deal and to assist on strategy and governance for launching world-wide product sales. Client successfully extricated Claimant from the failed venture where he was a minority owner in a company that owned his technology and had the exclusive marketing rights to the technology. However, Claimant later regretted the deal and filed suit against our Client and its director in Harris County state district court, alleging breach of fiduciary duty, fraudulent misrepresentation, fraud by nondisclosure, fraudulent inducement, civil conspiracy, aiding and abetting, and punitive damages. We successfully compelled the case to arbitration. Claimant sought to recover approximately $1.8 million in actual damages plus three-plus million dollars in punitive damages. Client prevailed on all claims. Claimant awarded no damages. If you would like a copy of the Award, please email Tracy Freeman at tfreeman@coxpllc.com. This is a good reminder that some cases have to be tried and Clients need attorneys who try lawsuits.