The Crestwood Parties retained Gray Reed to defend against a $30 million lawsuit filed by Absolute + Oil Gas, LLC. The lawsuit alleged the Crestwood Parties breached a contract and engaged in various torts relating to midstream services provided by Crestwood in the Williston Basin of North Dakota. The Crestwood Parties moved for early dismissal of Absolute’s claims because they were legally barred and, therefore, had no basis in law. Gray Reed successfully argued that the Court should dismiss with prejudice Absolute’s claims for breach of contract; knowing participation in breach of fiduciary duty; fraud and fraudulent inducement; conspiracy; and unjust enrichment.
 
Congratulations to our clients and the Gray Reed team on this significant victory.

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A full-service Texas law firm with offices in Dallas, Houston and Waco, Gray Reed provides legal services to companies ranging from start-up to Fortune 100 as well as high net worth individuals. Gray Reed attorneys assist clients with a myriad of legal issues including commercial litigation, corporate transactions, oil and gas, tax planning and litigation, real estate, construction, healthcare, trusts and estates, employment law, family law, intellectual property and bankruptcy. For more information, visit www.grayreed.com.