Patrick Keating has represented clients in business litigation for nineteen years. He focuses his practice on (1) lawsuits between co-owners of businesses and against officers, directors or managers of businesses (for example, breach of fiduciary duty cases) and (2) commercial litigation between businesses (for example, theft of trade secrets, other business tort disputes and breach of contract claims).
Examples of cases Patrick handled in the past appear below. These include a multi-million dollar jury verdict and multi-million dollar judgments obtained for plaintiffs; and dismissal by summary judgment for defendants.
Non-Confidential Resolutions and Cases:
- Secured a jury verdict and a judgment in excess of $3.9 million for Celanese, Ltd. against engineering and construction company KBR, Inc. The judgment found that KBR breached its contractual obligations to design, build and operate a chemical industry pilot plant. KBR paid $3.525 million to settle the judgment. Celanese received $2,731,250 of those funds with the remainder applied to attorneys' fees.
- Obtained a judgment in excess of $6 million in favor of a plaintiff asserting that the defendants breached a written partnership agreement.
- Obtained a judgment in excess of $760,000 in favor of the lender on a real estate development project.
- Partnered with other law firms to represent a major international semiconductor-manufacturing company - Taiwan Semiconductor Manufacturing Company ("TSMC") - who asserted theft of semiconductor manufacturing trade secrets against a competitor located in China. The case ended with a favorable settlement.
- Representation of plaintiff asserting that a competitor stole trade secrets related to the manufacture of an explosive device used during drilling oil wells.
- Obtained a summary judgment reinstating a plaintiff as a partner in a real estate investment joint venture after the managing partner declared the plaintiff forfeited its partnership interest.
- Obtained a favorable settlement for the trustee of a sizeable charitable trust defending against claims of breach of fiduciary duty. All claims against the trustee were released, the trustee paid no damages and the plaintiff agreed to the trustee continuing to administer the trust.
- Representation of a litigation trust asserting claims of breach of fiduciary duty, promoter liability and fraudulent transfer arising from the defendants' role in placing more than $9 billion in debt on a company during a "spin-off."
- Obtained a summary judgment ruling declaring a commercial office lease terminated, which enabled Haynes and Boone's client to avoid more than $16 million in future rent payments.
Resolved by Confidential Settlements:
- Obtained a prompt settlement for a trust beneficiary who asserted that the trustees' breaches of fiduciary duty caused the beneficiary to suffer millions of dollars in damages.
- Represented the owners of a liquefied natural gas production plant in defense of claims of breach of fiduciary duty, breach of a limited partnership agreement and fraudulent transfer.
- Represented owner of two oil production platforms off the coast of California in breach of contract and breach of warranty litigation against the company retained to install an underwater pipeline.
- Represented two oil production corporations in defense of minority shareholder oppression and breach of fiduciary duty claims.
- Representation of eight business jet aircraft distributors asserting claims that the aircraft manufacturer breached distribution contracts and aircraft purchase contracts.
- Named one of the Best Lawyers in America 2015 in Commercial Litigation
Selected Publications and Speeches
- "Litigation Management," panelist, ABA Corporate Counsel Seminar, February 15, 2015.
- "Trade Secret Disclosures," presented to Collin County Bar Association Litigation Section, January 21, 2015.
- "Trade Secrets in the Cloud," Newsletter of the Computer & Technology Section of the State Bar of Texas, Volume 2, Fall 2014.