In the August 4, 2014 issue of Texas Lawyer, Locke Lord lawyer John Schwartz earned “Litigator of the Week” honors for securing a $28 million jury verdict -- plus $2.2 million in possible attorney fees -- for Firm client New Braunfels Utilities (NBU) in its breach of contract case against the Lower Colorado River Authority (LCRA).
As Texas Lawyer pointed out in its recognition of Schwartz -- who is Of Counsel in Locke Lord’s Austin office and led the team of Firm lawyers representing NBU in the matter -- the results of the five-week trial are a strategic win not only for NBU but for many other plaintiffs. The New Braunfels case is one of a number of claims filed by Central Texas municipal utilities against the LCRA, a Texas conservation and reclamation district that delivers electricity and manages the water supply and environment of the lower Colorado River basin in Central Texas.
The jury ruled in favor of NBU’s charge that LCRA had breached its contractual obligation by "cost shifting" and effectively forcing some customers to "subsidize" the nonfuel costs of other customers.
The Locke Lord lawyers who worked with Schwartz on the matter were Partner Alan Waldrop, Senior Counsel Ryan Greene and Associate Todd Disher.
The complete Texas Lawyer
article is available here