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Boies Schiller Flexner is a firm of internationally recognized trial lawyers, crisis managers, and strategic advisers known for our creative, aggressive, and efficient pursuit of successful outcomes for our clients.
The firm represents Christopher Parker and Red Mango Enterprises Ltd., who, beginning in 2017, invested in Tellurian…
United States
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A Boies Schiller Flexner team secured a trial win in the
case Parker et al. v. Souki in the U.S. District Court for
the District of Colorado.
The firm represents Christopher Parker and Red Mango Enterprises
Ltd., who, beginning in 2017, invested in Tellurian, Inc., a
liquified natural gas company founded by defendant Charif Souki.
After the share price of Tellurian dropped sharply in the following
years, Souki promised in a series of text messages to indemnify
plaintiffs for any losses if they retained their shares, which
plaintiffs did. Souki later reneged on this agreement, and
plaintiffs filed suit bringing claims for breach of contract,
fraudulent inducement, promissory estoppel, and unjust
enrichment.
After a five-day trial, jurors unanimously found Tellurian
founder Charif Souki breached the 2019 agreement he made with our
clients and awarded $39 million in damages—the full amount of
the indemnity.
Texas Lawyer: Jury Awards $39M in Text-Based
Breach of Contract Case