Davis & Hosfield congratulates Sidley Austin on its successful $140 million judgment in its Solargenix v. Acciona matter
August 9, 2017
Chicago, IL – Congratulations to the Sidley team of Tom Cauley, Steve Sexton, and Ashley Martin for their success in this matter. In a case that spanned over five years, the efforts of the Sidley team resulted in a judgment of $115 million in compensatory damages and $25 million in punitive damages for their client Solargenix. This matter involved claims of breach of contract and breach of fiduciary duty related to a business that developed concentrated solar power plants. Damages involved lost business value and investment income. Davis & Hosfield is proud to have worked with the Sidley team on this matter as the damages experts. The Davis & Hosfield team consisted of Mark Hosfield, Ashley Kegan, Lynsey Honegger, Meghan DesRosiers, and Gary Hosfield.
Download the judgment here.