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Home > Lawyers
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Guy Stanford Lipe
Guy Stanford Lipe
Experience | Education | Recognition | Activities
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Biography
Guy is an experienced trial lawyer who has extensive experience representing companies in the energy industry in the courts and in arbitration in connection with all types of commercial disputes. Dubbed by clients as ‘absolutely first rate – head and shoulders above opposing counsel’, and ‘a wonderful litigator – he works efficiently and produces results’ in the 2010 edition of Legal 500 U.S.; he is also recognized by Chambers USA as one of America’s leading lawyers in the area of energy litigation, and is considered “as smart and strategic as anybody, and his understanding of and attention to detail are unparalleled."
Guy chairs Vinson & Elkins’ Energy Litigation Practice Group.
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Representative Experience
International Litigation and Arbitration View All
- Defended a European gas marketer against a US$1.2 billion suit brought by Texas-based oil companies filed in Texas state court arising from a gas exploration and production project in the Norwegian North Sea; the case involved issues of removal jurisdiction to federal court, personal jurisdiction, arbitrability of alleged tort claims asserted by non-signatories to the underlying contract, and principles of forum non conveniens; the case was dismissed for lack of personal jurisdiction, following panel and en banc proceedings before the United States Court of Appeals for the Fifth Circuit and a favorable, landmark decision of the Supreme Court of the United States
- Obtained a summary judgment from a Miami federal court denying enforcement of a $97 million Nicaraguan judgment against a U.S. company on the grounds that the Nicaraguan court had no jurisdiction over the defendant
- Defended a major Asian steel company in a Stockholm Chamber of Commerce arbitration conducted in Stockholm that was filed by a European corporation alleging that the steel company misappropriated technology in connection with a sale of equipment made in India; the arbitration panel rejected the claims relating to the Indian sale in their entirety
Domestic Energy/Oil and Gas Litigation View All
- Obtained a take-nothing jury verdict in a six-week jury trial in Texas state court in West Texas involving royalty owners' claims for more than US$70 million based on alleged failure to timely engage in enhanced recovery efforts and alleged royalty underpayments
- Obtained a take-nothing jury verdict in case against a major oil company involving contract and tort claims arising out of an assignment of rights under an operating agreement in which the plaintiff sought damages in excess of US$100 million
- Obtained a “no breach” jury verdict in class action royalty case in New Mexico state court involving allegations of under-valuation of CO2 produced for injection into oil reservoirs in the Permian Basin
Prior results do not guarantee a similar outcome.
Education and Professional Background
- The University of Texas School of Law, J.D., 1983 (Chancellors)
- Texas A&M University, B.B.A. summa cum laude, 1980
- Admitted to practice: Texas, 1983; United States Supreme Court; U.S. District Court for the Eastern, Western, Southern and Northern Districts of Texas; U.S. District Court for the Eastern District of Michigan; Fifth Circuit Court of Appeals; United States Court of Appeals for the Eleventh Circuit; all Texas state courts
Professional Recognition
View All
- Recognized in litigation: Energy, Legal 500 U.S., 2010 and 2011
- The Best Lawyers in America® in international arbitration, 2006 - 2012
- "Partner to Know," Global Arbitration Review's GAR 100, 2009 and 2010
Activities and Affiliations
- Past Co-Chair: International Litigation Committee of the Section of International Law, American Bar Association
- ABA Advisor to the Uniform Law Commission Drafting Committee on Implementation of the Hague Convention on Choice of Court Agreements
- ABA Advisor to the Uniform Law Commission Drafting Committee on the Uniform Unsworn Foreign Declarations Act
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Full Biography
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First City Tower 1001 Fannin Street Suite 2500 Houston, TX 77002-6760
Tel +1.713.758.1109
Fax +1.713.615.5607
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