Peter Smith v. Kenda Capital, LLC

OPINION

WILLIAM J. BOYCE, Justice.

Peter Smith signed a contract with Ken-da Capital B.V. (“Kenda Parent”) governing Smith’s rights in connection with securities held by Smith and issued by Kenda Parent. Smith signed a separate contract with a wholly owned subsidiary of Kenda Parent called Kenda Capital, LLC (“Ken-da Subsidiary”) to serve as Kenda Subsidiary’s chief human resources officer. Smith’s rights concerning the securities issued by Kenda Parent are linked to Smith’s employment status with Kenda Subsidiary.

Smith sued Kenda Subsidiary in Harris County district court and alleged that it…