Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano

Court of Appeals of Texas

Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano

DecidedApril 14, 2016

Docket14-14-00739-CV

StatusPublished

This text of Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano (Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano, (Tex. Ct. App. 2016).

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Opinion

April 14, 2016

JUDGMENT

The Fourteenth Court of Appeals ALTA MESA HOLDINGS, L.P., ALTA MESA ACQUISITION SUB, LLC, THE MERIDIAN RESOURCE & EXPLORATION LLC CHANGE IN CONTROL SEVERANCE PLAN, AND THE MERIDIAN RESOURCE & EXPLORATION, LLC, Appellants

NO. 14-14-00739-CV V.

STEVEN IVES AND LLOYD DELANO, Appellees ________________________________

This cause, an appeal from the judgment in favor of appellees, Steven Ives and Lloyd Delano, signed June 30, 2014, was heard on the transcript of the record. We have inspected the record and find the trial court erred in assessing liability for breach of the employment agreements against Alta Mesa Holdings, L.P. We therefore order that the portions of the judgment assessing liability against Alta Mesa Holdings, L.P. for breach of those agreements are REVERSED, and we RENDER judgment that appellees, Steven Ives and Lloyd Delano, take nothing against Alta Mesa Holdings, L.P. on those claims.

We further find the trial court erred in ordering The Meridian Resource & Exploration, LLC and Alta Mesa Acquisition Sub, LLC to pay attorney’s fees based on breach of the employment agreements. Accordingly, we REVERSE the portions of the judgment ordering them to pay those fees to appellees, Steven Ives and Lloyd Delano, and MODIFY the judgment to delete that award. Finding no error in the remainder of the judgment, we order it AFFIRMED as so MODIFIED.

We order each of the following parties to pay one-fifth of the costs expended in this appeal: (1) The Meridian Resource & Exploration, LLC; (2) Alta Mesa Acquisition Sub, LLC; (3) The Meridian Resource & Exploration LLC Change in Control Severance Plan; (4) Steven Ives; and (5) Lloyd Delano.

We further order this decision certified below for observance.

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April 14, 2016

JUDGMENT

The Fourteenth Court of Appeals ALTA MESA HOLDINGS, L.P., ALTA MESA ACQUISITION SUB, LLC, THE MERIDIAN RESOURCE & EXPLORATION LLC CHANGE IN CONTROL SEVERANCE PLAN, AND THE MERIDIAN RESOURCE & EXPLORATION, LLC, Appellants

NO. 14-14-00739-CV V.

STEVEN IVES AND LLOYD DELANO, Appellees ________________________________

This cause, an appeal from the judgment in favor of appellees, Steven Ives and Lloyd Delano, signed June 30, 2014, was heard on the transcript of the record. We have inspected the record and find the trial court erred in assessing liability for breach of the employment agreements against Alta Mesa Holdings, L.P. We therefore order that the portions of the judgment assessing liability against Alta Mesa Holdings, L.P. for breach of those agreements are REVERSED, and we RENDER judgment that appellees, Steven Ives and Lloyd Delano, take nothing against Alta Mesa Holdings, L.P. on those claims.

We further find the trial court erred in ordering The Meridian Resource & Exploration, LLC and Alta Mesa Acquisition Sub, LLC to pay attorney’s fees based on breach of the employment agreements. Accordingly, we REVERSE the portions of the judgment ordering them to pay those fees to appellees, Steven Ives and Lloyd Delano, and MODIFY the judgment to delete that award. Finding no error in the remainder of the judgment, we order it AFFIRMED as so MODIFIED.

We order each of the following parties to pay one-fifth of the costs expended in this appeal: (1) The Meridian Resource & Exploration, LLC; (2) Alta Mesa Acquisition Sub, LLC; (3) The Meridian Resource & Exploration LLC Change in Control Severance Plan; (4) Steven Ives; and (5) Lloyd Delano.

We further order this decision certified below for observance.

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Alta Mesa Holdings, L.P., Alta Mesa Acquisition Sub, LLC, the Meridian Resource & Exploration LLC Change in Control Severance Plan, and the Meridian Resource & Exploration, LLC v. Steven Ives and Lloyd Delano, Counsel Stack Legal Research, https://law.counselstack.com/opinion/alta-mesa-holdings-lp-alta-mesa-acquisition-sub-llc-the-meridian-texapp-2016.