Lamberth Ratcliffe Covington PLLC

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Commercial Litigation

Business professionals seek our team to assist with a variety of Commercial Litigation disputes, including business contracts, partnerships, liabilities, employment law, real estate, deceptive trade practices act (DTPA) defense, and business torts. When their reputation or investment is on the line, both large and small companies retain us for bet-the-company cases and issues. Our lawyers have trained in the largest private firms and federal attorneys’ offices. We bring these skills to each case, seeking to employ a lean and efficient approach that a large firm cannot match. We use technologies to create efficiencies for our clients and advantages in the case. We seek to be on offense all the time, even when defending a case. The results obtained over our collective decades of experience speak to the effectiveness of our approach.

Results

Subcontractor Arbitration Win
Two-day arbitration. Represented glass and glazing subcontractor faced with delay claims from a general contractor. Arbitrated to final award. Recovered full damages, plus attorneys’ fees, on counterclaim for the subcontractor, defeating the general contractor’s claims.
Residential Builder Defense
Five-day arbitration on behalf of a large residential builder. Successfully defended client against claims totaling almost $1M for mold damages. After settling with third-party defendants, Claimant recovered less than the client received in settlements from those parties, recovering only about 5% of the damages sought.
Mold Damage
Successful prosecution of claims for mold damage on behalf of a townhome owner. One day arbitration resulted in a final award for client of over $200,000. Settled with other defendant for over $150,000, for a total award of over $350,000. Entered as final judgment in Wallace v; Omnibuild et al., Cause No. DC-19-14668, Dallas County.
$2.5MM Services Business Sale
Represented the seller in the sale of a closely held services business to a nationally recognized private equity group, with total compensation to seller of approximately $2.5MM, including negotiation of an asset purchase agreement, post-closing consulting agreement, post-closing real estate lease, and other ancillary documents.
$5MM Shareholder Departure Negotiation
Represented a founding shareholder of a corporation in negotiating a departure from the corporation, with total payment to shareholder of approximately $5MM, including negotiating a stock redemption agreement, employment separation agreement, and other ancillary agreement.
$600K Ownership Buyout Resolution
Represented the departing owner of a company in the sale of a 50% ownership interest in the company to the other 50% co-owner of the company, as an amicable resolution to disputes between the partners, with a purchase price of approximately $600K, including negotiating a membership interest purchase agreement, financing documents, and other ancillary documents.
$4.95MM Stock Redemption & Restructuring
Represented a closely held corporation in negotiating a stock redemption agreement with a purchase price of $4.95MM and ownership restructuring with shareholders, including amending the certificate of formation and bylaws, preparing a new buy-sell agreement, and financing documents in connection with the stock redemption.
Business Dispute Defense
Bench trial. Successful defense of claims in a business dispute among partners, spanning multiple businesses and projects over eight years. Client was sued for over $500,000. Plaintiff recovered $0 and was forced to pay our client for items taken from the business. Reagan Stricklin v. Coy Cleveland, Cause No. 1-23-1710, Rockwall County (Presiding Judge: Hon. David Rakow).

Results

Subcontractor Arbitration Win

Two-day arbitration. Represented glass and glazing subcontractor faced with delay claims from a general contractor. Arbitrated to final award. Recovered full damages, plus attorneys’ fees, on counterclaim for the subcontractor, defeating the general contractor’s claims.

Residential Builder Defense

Five-day arbitration on behalf of a large residential builder. Successfully defended client against claims totaling almost $1M for mold damages. After settling with third-party defendants, Claimant recovered less than the client received in settlements from those parties, recovering only about 5% of the damages sought. 

Mold Damage Prosecution

Successful prosecution of claims for mold damage on behalf of a townhome owner. One day arbitration resulted in a final award for client of over $200,000. Settled with other defendant for over $150,000, for a total award of over $350,000. Entered as final judgment in Wallace v; Omnibuild et al., Cause No. DC-19-14668, Dallas County.

$2.5MM Services Business Sale

Represented the seller in the sale of a closely held services business to a nationally recognized private equity group, with total compensation to seller of approximately $2.5MM, including negotiation of an asset purchase agreement, post-closing consulting agreement, post-closing real estate lease, and other ancillary documents.

$5MM Shareholder Departure Negotiation

Represented a founding shareholder of a corporation in negotiating a departure from the corporation, with total payment to shareholder of approximately $5MM, including negotiating a stock redemption agreement, employment separation agreement, and other ancillary agreement. 

$600K Ownership Buyout Resolution

Represented the departing owner of a company in the sale of a 50% ownership interest in the company to the other 50% co-owner of the company, as an amicable resolution to disputes between the partners, with a purchase price of approximately $600K, including negotiating a membership interest purchase agreement, financing documents, and other ancillary documents.

$4.95MM Stock Redemption & Restructuring

Represented a closely held corporation in negotiating a stock redemption agreement with a purchase price of $4.95MM and ownership restructuring with shareholders, including amending the certificate of formation and bylaws, preparing a new buy-sell agreement, and financing documents in connection with the stock redemption. 

Business Dispute Defense

Bench trial. Successful defense of claims in a business dispute among partners, spanning multiple businesses and projects over eight years. Client was sued for over $500,000. Plaintiff recovered $0 and was forced to pay our client for items taken from the business. Reagan Stricklin v. Coy Cleveland, Cause No. 1-23-1710, Rockwall County (Presiding Judge: Hon. David Rakow).

Results

October 2025. Two-day arbitration. Represented glass and glazing subcontractor faced with delay claims from a general contractor. Arbitrated to final award. Recovered full damages, plus attorneys’ fees, on counterclaim for the subcontractor, defeating the general contractor’s claims.

August 2025. Five-day arbitration on behalf of a large residential builder. Successfully defended client against claims totaling almost $1M for mold damages. After settling with third-party defendants, Claimant recovered less than the client received in settlements from those parties, recovering only about 5% of the damages sought. 

July 2021. Successful prosecution of claims for mold damage on behalf of a townhome owner. One day arbitration resulted in a final award for client of over $200,000. Settled with other defendant for over $150,000, for a total award of over $350,000. Entered as final judgment in Wallace v; Omnibuild et al., Cause No. DC-19-14668, Dallas County. 

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