Cotton farmers win take-nothing judgment and attorney fees
Our clients in Calcot Ltd. v. Larry Rawls, is a cotton farmer who had contracted to provide cotton to Calcot, Ltd., a cotton-products marketing cooperative. Calcot sued our client, claiming that he had failed to report crop losses that Calcot alleged later caused hundreds of thousands of dollars in losses in the futures market. Our lawyers established that our client had in fact properly reported the losses. The jury found no liability on the part of our client and, extraordinarily, awarded him attorney fees and court costs.