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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. App.April 14, 2016No. NO. 14-14-00739-CVCited 36 times
Mixed ResultMeridian Resource & Exploration, LLC$1,366,454.7 awarded
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Case Details

Judge(s)
Jamison, McCally, Wise
Status — whether other courts must follow this ruling
Published
Procedural Posture — the stage the case had reached
appeal

Related Laws

No specific laws identified for this ruling.

Claim Types

Breach of Contract

Outcome

Appellate court affirmed in part and reversed in part. Employees prevailed on ERISA severance plan claims and breach of employment agreement claims, with damages awarded, but the court reversed on attorney's fees for breach of contract claims against the partnership.

What This Ruling Means

**What Happened** Two employees, Steven Ives and Lloyd Delano, sued their former employer Meridian Resource & Exploration after the company was acquired by Alta Mesa Holdings. The workers claimed they were entitled to severance pay under their employment contracts and the company's severance plan when the ownership change occurred, but the company refused to pay. **What the Court Decided** The appeals court sided with the employees on the main issues. The court ruled that both workers were entitled to their severance payments under the company's ERISA severance plan and their individual employment agreements. The employees were awarded $1,366,454.70 in damages. However, the court denied the employees' request for attorney's fees related to their breach of contract claims against the parent company. **Why This Matters for Workers** This case shows that employees can successfully fight for severance benefits they're owed, especially during company mergers or acquisitions. When companies have written severance plans or employment contracts promising benefits during ownership changes, courts will enforce these agreements. Workers should keep copies of their employment contracts and company benefit plans, as these documents can provide important financial protection when companies change hands.

This summary was generated to explain the ruling in plain English and is not legal advice.

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This ruling information is sourced from public court records via CourtListener.com. Case outcomes, claim types, and summaries are extracted using AI analysis and may be incomplete or inaccurate. It is provided for informational and educational purposes only and does not constitute legal advice.

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