Litigation

Hunton & Williams, Insight Equity Hit With $150 Million Lawsuit

CHICAGO - Hunton & Williams LLP and its client Insight Equity have been slapped with a $150-million lawsuit by Minerals Development & Supply Company for alleged tortious interference of a contract, aiding and abetting the commission of a tort and civil conspiracy (Minerals Development & Supply Company, Inc. v. Hunton & Williams LLP, No. 2010CV000428, Wis. Super., Monroe Co.).

The suit was filed July 30 in the Wisconsin Circuit Court of Monroe County.

Hunton & Williams is a large law firm with offices in the United States, Europe and Asia, according to its Web site. Its principal place of business is Richmond, Va.

Insight Equity is a private equity firm that makes investments in "middle market companies underperforming to their full potential." Insight Equity principal place of business is Southlake, Texas. Insight Equity owns Superior Silica Sands in Kosse, Texas.

According to the lawsuit, Hunton & Williams intentionally interfered with Minerals Development & Supply Company's exclusive supply agreement for frac sand, and aided and abetted and conspired with Insight Equity and its principals Victor Vescovo and Brandon Bethea in doing the same.

"Frac" sand is sand intended to be pumped into oil and gas wells for the purpose of reservoir stimulation, gravel packing, well bore sand control and sand plugs.

The suit specifically cites, "attorneys from Hunton & Williams, including that Sean Ducharme, Jeffery Edwards, Kimberly Magee, were deeply involved in the efforts to cut Minerals Development & Supply Company out of the supply chain."

The suit also sites, "Wisconsin law recognizes that when an attorney and/or law firm engages in conduct which they know or should know is intended to further the tortious conduct of another, that law firm may be found liable and should be found liable for aiding and abetting the commission of tortious interference."

Minerals Development & Supply Company is represented by Konicek & Dillon of Chicago.

 

  • I have a lawsuit pending against a company that is a holding of Insight Equity. In my opinion, they are thieves and liars with Harvard degrees and use the law to shield assets from creditors.