Greenberg Traurig Attains Multi-Million Dollar Oil and Gas Settlement

    Greenberg Traurig Attains Multi-Million Dollar Oil and Gas Settlement

PR Newswire

HOUSTON, May 20, 2013

HOUSTON, May 20, 2013 /PRNewswire/ --International law firm, Greenberg
Traurig, LLP, recently obtained a favorable outcome for an independent oil and
gas exploration and production company. The team headed by Tony Guerino, a
shareholder in the energy litigation practice in the firm's Houston office,
settled the oil and gas suit involving a breach of contract and fraud claims
brought against the client for virtually no damages against the client. The
case involved overriding royalty interests in the highly valuable Eagle Ford
Shale and damage claims against the client in the hundreds of millions of
dollars.

Guerino led a team of attorneys in defending a Houston-based oil and gas
exploration and production company against almost a billion dollars' worth of
claims for breach of contract and fraud relating to the rights of a contractor
to overriding royalty interests in the Eagle Ford Shale.

"Tony is an excellent energy litigation attorney," said Doug Atnipp,
co-managing shareholder of Greenberg Traurig's Houston office. "His hands-on
experience in the business as a former petroleum engineer for a major oil
company gives him a unique perspectiveand comprehension of the facts and
issues involved in energy litigation."

The Greenberg Traurig team succeeded in having a rural Texas county action
brought by plaintiff abated in favor of a declaratory action the firm brought
on behalf of its client in Harris County (Houston).

After extensive discovery involving millions of pages of documents, (reviewed
by a document review team managed by Laura Gleen and Jacob Goddard, both
associates in Greenberg Traurig's Houston office), numerous depositions, an
attempt at mediation, and numerous pre-trial hearings and motions, the Harris
County judge expressed his doubt that the parties could reach a settlement,
and scheduled the case for trial.

On the eve of trial, Guerino and his team were able to secure a very favorable
result for the client. By working closely with the client and astutely
assessing the motivation and interests of the claimant, the Greenberg Traurig
team put together a creative settlement proposal that was accepted by all
parties. Through the settlement agreement, the firm's client paid the
claimant a nominal sum, and received valuable concessions in return.

About Greenberg Traurig, LLP – Texas

Greenberg Traurig has more than 100 attorneys in Texas, serving clients from
offices in Austin, Dallas and Houston.

About Greenberg Traurig, LLP

Greenberg Traurig, LLPis an international, full-service law firm with
approximately 1750 attorneys serving clients from 36 offices in the United
States, Latin America, Europe, the Middle East and Asia. In the U.S., the firm
has more offices than any other among the Top 10 on The National Law Journal's
2012 NLJ 250. For additional information, please visit www.gtlaw.com.

Gail Finley
713.374.3500
finleyg@gtlaw.com

SOURCE Greenberg Traurig, LLP

Website: http://www.gtlaw.com