There has recently been a settlement agreement between T. Boone Pickens and his son Michael Pickens after a series of legal battles that began in 2013. The most recent lawsuit was filed by Michael Pickens in November 2014 alleging breach of contract and fraud. The terms of the settlement agreement have not been disclosed to the public. According to de la Garza, a shareholder in Dallas’ Hallett & Perrin, one of the reasons why Mr. Pickens had dropped the previous lawsuit and why there was an effort to resolve this dispute was because Mr. Pickens did not think the courthouse was “a good place” for a family fight. About a year ago T. Boone Pickens had filed a motion seeking a temporary restraining order as well as an injunction that would bar his son from being able to communicate with him except through lawyers.
See Miriam Rozen, Prior to Selecting a Jury, T. Boone Pickens and a Son Settle Dispute, Texas Lawyer, January 25, 2016.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.
