Photo: Andrey_Popov/Shutterstock.com Houston Lawyer Loses $892K Award for Client's Breach of Business Partnership
Houston attorney Javier Marcos Jr. lost an $892,000 damages award because his partnership agreement with a client wasn't fair and reasonable. He's now fighting for payment for legal services he gave the client because he did not keep time records over eight years of work.
November 18, 2020 at 02:30 PM
4 minute read
A Houston attorney who became friends and business partners with his client, only to see the relationship fall apart, is finding it hard to collect damages for a contract breach, or to recoup payment for legal services.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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