Thursday, June 21, 2018

What is a Bet-the-Company Case?


Hugh M Ray III leverages a J.D. from Vanderbilt University and years of legal experience as a partner at Pillsbury Winthrop Shaw Pittman LLP in Houston, Texas. A Life Fellow of the American Bar Foundation, Hugh Ray III has served as a lead trial attorney in cases ranging from complex reorganizations and bankruptcy proceedings to commercial litigation and bet-the-company cases.

On a general level, bet-the-company cases refer to high-stakes litigation that threatens the existence of a business. These cases, which can impact established firms as well as start-ups, often result from investigations, natural disasters, product liability, or even attacks on a firm’s line of business and reputation. 

Bet-the-company cases are known for their complicated nature and the unique challenges they present to attorneys. Litigation may span federal, state, and international jurisdictions and be impacted by multiple adversaries simultaneously. Moreover, bet-the-company cases often have criminal, civil, arbitral, and administrative components. On top of all this, attorneys involved in these cases must cooperate with a range of stakeholders within the business in addition to outside customers and governmental authorities.

American Law Institute Drafts Retatement of Law of American Indians

Board-certified in business bankruptcy law by the Texas Board of Legal Specialization, Hugh M. Ray III serves as a partner at Pillsbury W...