Legal Opinion

Key Energy Services, Inc. v. Eustace

Texas Court of Appeals, 11th District (Eastland)

Decided June 11, 2009No. 11-07-00314-CVPublishedCited by 10 opinions

1Opinion of the Court

OPINION

RICK STRANGE, Justice.

This is an employment dispute. Key Energy Services, Inc. terminated Joseph B. Eustace and he sued, alleging contract, securities, and tort causes of action. The trial court granted summary judgment for Key on Eustace’s securities fraud claim and, at trial, directed a verdict against him on his tort claims. The jury found for Eustace on his contract claim, and he was awarded $724,500 for lost stock options, $180,000 for lost severance payments, and attorney’s fees of $295,000. We affirm in part and reverse and render in part.

I. Background Facts

In 1999, Key employed…

2Cases cited12 opinions

  1. City of Keller v. WilsonTexas Supreme Court · 2005
  2. Bradford v. VentoTexas Supreme Court · 2001
  3. Arkoma Basin Exploration Co. v. FMF Associates 1990-A, Ltd.Texas Supreme Court · 2008
  4. Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
  5. Walden v. Affiliated Computer Services, Inc., Texas Court of Appeals, 14th District (Houston)2003

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3Cited by10 opinions

  1. State v. Public Utility Com'n of TexasTexas Supreme Court · 2011
  2. Dutrac Community Credit Union and Kwik Trip, Inc. v. Radiology Group Real Estate, L.C., Shamrock Properties, L.C. Duffy Family Limited Partnership Bigger Better Betty Building, L.L.C. And Quad City Oms, L.C.Supreme Court of Iowa · 2017
  3. Amended May 15, 2017 Dutrac Community Credit Union and Kwik Trip, Inc. v. Radiology Group Real Estate, L.C. Shamrock Properties, L.C. Duffy Family Limited Partnership Bigger Better Betty Building, L.L.C. and Quad City OMS, L.C.Supreme Court of Iowa · 2017
  4. Amy Walzel v. Franci Denio and Kyle Walzel, as Independent Co-Executors of the Estate of Frances Vogelsang Walzel, Texas Court of Appeals, 7th District (Amarillo)2026
  5. BB FIT, LP D/B/A Mattison Avenue Salon Suites and Spa and Mattison Avenue Holdings Consolidated, LLC v. EREP Preston Trail II, LLC Kenneth Aselton and Aselk Consulting, LLC, Texas Court of Appeals, 5th District (Dallas)2023

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