A Texas court of appeals has overturned a 2001 record setting $810 million verdict, including a $274.5 million jury verdict against CompUSA. The verdict was won by attorneys for the law firm of Jenkens & Gilchrist
Dallas, TX (PRWEB) August 29, 2004 -– A Texas court of appeals has overturned a 2001 record setting $810 million verdict, including a $274.5 million jury verdict against CompUSA. The litigation involved a franchise deal to establish CompUSA stores in Mexico that was never completed.
The appeals court ruled that the plaintiff never had an enforceable contract, that there was no evidence that the defendants ever interfered with an unexecuted master franchise agreement, and that there was no evidence that defendants ever tortuously interfered with the plaintiffs business relationships. The court ruled that the plaintiff, COC, should receive nothing from defendants, CompUSA, James Halpin, Carso, Grupo Sanborns and Carlos Slim Helu.
We are pleased to have been able to win this case for our clients," said Theodore W. Daniel, lead counsel for Jenkens & Gilchrist. This was a team effort by a group of talented and dedicated professionals who presented the court with clear evidence that the lawsuit was baseless, despite the original jury verdict."
Attorneys Theodore W. Daniel, V. Elizabeth Kellow, and John A. Gilliam represented CompUSA in the litigation. Also representing CompUSA was Jenkens & Gilchrist appellate attorney Robert B. Gilbreath. Other appellate counsel included Michael A. Hatchell , Molly H. Hatchell, and William V. Dorsaneo III.
Founded in 1951 in Dallas, Jenkens & Gilchrist has over 500 lawyers and offices in 9 strategic business locations: Austin, Chicago, Dallas, Houston, Los Angeles, New York, Pasadena, San Antonio and Washington D.C. The firms clients range from entrepreneurial companies to Fortune 500 corporations and are found in a variety of industries.
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