CompFox AI Summary
Paul Bragg, former CEO of Pride International, Inc., sued Pride for breach of his employment agreement, claiming he was owed three times the severance paid. Pride counter-claimed, alleging Bragg breached fiduciary duty by not disclosing his interpretation of the agreement's severance terms while CEO. The trial court granted summary judgment to both parties, resulting in take-nothing judgments. The appellate court affirmed the trial court's decision, concluding that the employment agreement was unambiguous and Bragg failed to raise a fact issue for breach of contract, and Pride failed to raise a fact issue for breach of fiduciary duty under Delaware law.
Pride International, Inc. v. Bragg is a workers' compensation case decided in Texas Court of Appeals, 1st District (Houston). This case addresses legal issues related to compensation claims, benefits, and court rulings.
It is commonly referenced in legal research involving workers' compensation laws in Texas Court of Appeals, 1st District (Houston).
Full Decision Text1 Pages
Paul Bragg, former CEO of Pride International, Inc., sued Pride for breach of his employment agreement, claiming he was owed three times the severance paid. Pride counter-claimed, alleging Bragg breached fiduciary duty by not disclosing his interpretation of the agreement's severance terms while CEO. The trial court granted summary judgment to both parties, resulting in take-nothing judgments. The appellate court affirmed the trial court's decision, concluding that the employment agreement was unambiguous and Bragg failed to raise a fact issue for breach of contract, and Pride failed to raise a fact issue for breach of fiduciary duty under Delaware law.
Read the full decision
Join + legal professionals. Create a free account to access the complete text of this decision and search our entire database.