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Huntsman Corporation
(UPDATE) Huntsman's Texas Case Moves Toward Trial
November 30th, 2008
Huntsman Corporation (NYSE:HUN) announced that it has commenced discovery in its Texas lawsuit against Deutsche Bank and Credit Suisse. Huntsman's multi-billion dollar tortious interference claims against the Bank Defendants are set for trial on February 9, 2009, in Montgomery County, Texas. Huntsman's Texas claims are separate from the claims pursued by Hexion Specialty Chemicals, Inc. against the same parties in New York. The Bank Defendants' effort to force Huntsman to litigate its claims in New York has been rejected by the Texas court. Huntsman therefore is not -- and will not be -- a party to Hexion's New York case. Huntsman has advised the Bank Defendants that it...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-30)
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