Fryar Law Firm Achieves Settlement of Fiongos v. Cahaba

On February 25, 2011, Fryar Law Firm obtained a settlement for its client in Fiongos v. Cahaba, No. 2009-51481, in the 55th Judicial District Court, Harris County, Texas. Fryar Law Firm represented the plaintiff in this lawsuit involving claims of breach of contract and breach of fiduciary duties. Fryar Law Firm originally filed a Petition on behalf of its client in August of 2009. In January 2011, the defendants filed a motion for summary judgment. Fryar Law Firm filed a response on February 7, 2011 demonstrating the basis of fiduciary duties based on an oral agreement to jointly market an oil and gas prospect. While the motion was pending before the court, the parties reached a complete settlement, the terms of which are confidential.