Randy Long and Austin Jackson obtained a $5.5 Million judgment for a Rhodes Hieronymus client following a three-day jury trial in Tulsa County. The firm’s client sued her ex-husband and his closely held corporation to recover damages due to the defendants’ failure to transfer limited partnership interests in commercial properties that were previously awarded to the firm’s client by another court in a divorce proceeding. The ex-husband alleged that he was unable to transfer the interests because of language in the limited partnership agreements that allowed the corporation to refuse to consent to the transfer. The evidence at trial showed that the ex-husband had put on his “corporate hat” and voted against the transfer on the corporation’s behalf so that he had a reason not to transfer the interests to the plaintiff. The jury was not amused with the defendants’ tactics and awarded significant compensatory and punitive damages.
