RESOURCES/FIRM NEWS

David W. Elrod recognized as a “Defender" by the Dallas Business Journal

David W. Elrod was selected as one of only fifteen attorneys nominated by their peers and the judiciary as the “Defenders” of Dallas companies, published by the Dallas Business Journal.

The article included an interview in which Mr. Elrod was asked about companies' vulnerability to "bet-the-company" litigation, to which he responded, "Depending on the size of the company and the nature of the litigation, a company may be very vulnerable. For smaller companies and start-ups, bet-the-company litigation can occur anytime the assets of the company are at risk and in situations that result in large, uninsured exposure for the company. There are things companies can do to make them more or less vulnerable to this type of litigation. They should meet with counsel before an issue ever arises to make sure they take the necessary actions to protect client lists, trade secrets and intellectual property in a manner that will prevail in court. Protecting a company against bet-the-company litigation must occur long before a lawsuit is on the horizon and requires a partnership with lawyers who have actually tried bet-the-company cases."


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Seeking millions in unsecured claims resulting from the breach of gas transportation contracts in bankruptcy court normally would have involved a protracted and costly trial for our clients. We had other ideas, and our clients received over $400 million. more >
A large building owned by Elrod’s client was severely damaged when it was struck with high-speed winds during a storm. Large sections of wall on the building collapsed, and investigation revealed that design and construction defects caused or contributed to the damage. Elrod brought suit against two of the contractors involved in the construction of the building, which took place nearly a decade before. more >
When a general contractor sued the owner of a gas pipeline with claims for millions in additional compensation for alleged overages, Elrod took the case, and obtained a settlement which reduced the damages sought by the contractor by more than 80 percent.more >