Monday, December 08, 2014

Todd Harlow Wins Take Nothing Judgment At Trial

Dec 8, 2014 ⋅

On December 8, 2014, Todd Harlow obtained a take nothing judgment for the owner of an oil and gas exploration company who was sued for fraud and breach of a farmout agreement.  The case was brought by a group of plaintiffs who paid approximately $800,000 for oil and gas wells that were never drilled.  Mr. Harlow successfully argued that the plaintiffs had no right to recover the funds they had paid, and that his client reasonably relied on a forfeiture provision of the farmout agreement when he retained those funds.  Mr. Harlow further argued that the plaintiffs’ claims against his client’s company were not before the court, and that the plaintiffs could not recover from his client by invalidating the forfeiture provision of the farmout agreement.

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