Legal Opinion
MC Asset Recovery LLC v. Castex Energy, Inc. (In Re Mirant Corp.)
Court of Appeals for the Fifth Circuit
Decided August 3, 2010No. 09-10451PublishedCited by 73 opinions
1Opinion of the Court
JENNIFER WALKER ELROD, Circuit Judge:
This appeal arises from a dispute between Castex Energy and MC Asset Recovery (“MCAR”) regarding the alleged breach of a purchase and sale agreement. Castex appeals the district court’s denial of its motion to compel arbitration. For the following reasons, we AFFIRM.
I
In 2001, Mirant Corporation and its affiliates (collectively, “the Mirant Entities”), MCAR’s predecessors in interest, purchased interests in Louisiana mineral properties and obtained a 75% majority interest in a closely held corporation pursuant to a 2001 Purchase and Sale Agreement (“PSA”)…
2Cases cited18 opinions
- Randolph Mahone v. Addicks Utility District of Harris CountyCourt of Appeals for the Fifth Circuit · 1988
- St. Mary's Medical Center of Evansville, Incorporated v. Disco Aluminum Products Company, Incorporated, N/k/a Luminar Products, IncorporatedCourt of Appeals for the Seventh Circuit · 1992
- Subway Equipment Leasing Corp. v. ForteCourt of Appeals for the Fifth Circuit · 1999
- Fed. Sec. L. Rep. P 92,790 Rayford Price and Barbara Ashley Price v. Drexel Burnham Lambert, Inc. And George WilmotCourt of Appeals for the Fifth Circuit · 1986
- William G. Walker and Sandra O. Walker v. J.C. Bradford & Co., Milburn L. Bryant, Mary C. Bryant and Sandra L. Bryant v. J.C. Bradford & Co.Court of Appeals for the Fifth Circuit · 1991
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3Cited by73 opinions
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- Lloyd's Syndicate 457 v. FloaTEC, L.L.C.Court of Appeals for the Fifth Circuit · 2019
- June Newirth v. Aegis Senior Communities, LLCCourt of Appeals for the Ninth Circuit · 2019
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