Win in 5th Circuit
The firm had a huge win in the Fifth Circuit against Regions Bank, which was sued for mishandling the renewal of oil & gas leases for three ladies who were longtime clients. After an unsuccessful bench trial where the ladies’ claims were rejected because the court found they were shielded from suit by an exculpatory clause and suffered no damages, the firm was hired to handle the appeal. Chloé M. Chetta argued the case and won in a 3-0 decision where the panel decisively rejected the exculpatory clause argument and remanded the case for determination of whether two of the three ladies are entitled to $6 million in damages plus interest. This is a huge victory for the clients.
Judy Barrasso and Chloé M. Chetta handled the matter.