Laurel man awarded $103M in suit against lawyer
Published: October 27,2010
LAUREL — A Mississippi businessman has been awarded $103 million in a lawsuit against the Chicago-based law firm that he accused of defrauding his oil and gas business.
Lavon Evans Jr. filed the lawsuit in Jones County Circuit Court in Mississippi in 2008. It sought $150 million in damages from attorney Joel Held, who worked at the Dallas office of the Baker & Mackenzie law firm.
Held represented one of Evans’ companies and manipulated documents and disclosed confidential information to benefit Reed Cagle, Evans’ partner in Laredo Energy Holdings LLC, the lawsuit claims, among other things.
Baker & McKenzie told The Hattiesburg American in a statement that it disagrees with the verdict and will appeal.
“We are confident we acted in a manner that was entirely consistent with our professional obligations and that no harm was done to the plaintiffs,” the lawsuit said. “We will continue to argue our position vigorously and expect we will be vindicated. As this is a pending legal matter, we will have no further comment at this time.”
Evans had no comment on the lawsuit.
Cagle’s attorney said his client was not a party in the lawsuit, but was are aware of the allegations in the lawsuit that claimed Cagle and Held conspired to defraud Evans.
“We categorically deny that there was any such conspiracy,” said Mike Bowers, an attorney with Bell, Nunnally and Martin LLP in Dallas.
Evans owns Evans Operating Mississippi and E&D Mississippi drilling company in Laurel, Miss.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Brandon man hauls in record 756-pound alligator
- MBJ Special report: MDA numbers help with cities’ retail pitches
- Is cotton looking too good? Farmers facing weaker prices
- COO of TL Wallace Construction keeps eye on revenue growth and profits
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Woman found guilty of murder in buttocks injection case