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Newsome et al v. Gallacher et al
Case Number:
4:11-cv-00140
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August 26, 2014
Ex-Mahalo Energy Attys Denied Sanctions Against Trustee
An Oklahoma federal judge declined Monday to sanction a bankruptcy trustee for reasserting questionable malpractice claims against a partner and former partner of Canadian law firm Burnet Duckworth & Palmer LLP over debt deals that felled Mahalo Energy Ltd.'s American subsidiary.
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May 28, 2014
Mahalo Directors Get Claims Pared In Debt-Shifting Suit
An Oklahoma federal judge on Tuesday partially dismissed a suit against officers and directors of Mahalo Energy Ltd., saying the company's creditors could not hold them liable for misleading investors about massive debt that eventually led to its American subsidiary's collapse.
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July 17, 2013
10th Circ. Won't Let Mahalo Directors Skirt Debt-Shifting Suit
The Tenth Circuit ruled Wednesday that Mahalo Energy Ltd.'s Canadian officers and directors must face claims that they schemed to line their pockets by saddling an Oklahoma-based subsidiary with debt, saying the officials had enough ties to the now-bankrupt subsidiary to justify Oklahoma jurisdiction.