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Title: Anglo-Dutch Petroleum International
Author : In the Court of Appeals for the First District of Texas
Release Date : January 09, 2006
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 82 KB

Description

Appellants, Anglo-Dutch Petroleum International, Inc. and Anglo-Dutch (Tenge) LLC (collectively, "Anglo-Dutch"), challenge the trial court's rendition of summary judgment*fn1 in favor of appellees, John Haskell, Chris Scully, Chris O'Sullivan, Charles McCord III, the Sheriff Family LLC, and Law Funds, LLC f/k/a Amicus Legal Funding, LLC, in appellees' breach of contract suit arising out of multiple litigation funding agreements executed by Anglo Dutch and appellees. In its first and second issues, Anglo-Dutch contends that the trial court erred in granting summary judgment in favor of appellees because the evidence raises a genuine issue of material fact as to whether appellees charged Anglo-Dutch a usurious rate of interest in the agreements and whether the agreements were illegal, unregistered securities. In its third issue, Anglo-Dutch contends that the trial court erred in granting summary judgment in favor of appellees because the agreements violated Texas public policy. In its fourth issue, Anglo-Dutch contends that the trial court erred in awarding appellees their attorneys' fees and costs because appellees were not entitled to summary judgment. We affirm.