Hoover Slovacek LLP, Formerly Hoover, Bax & Slovacek, LLP, Petitioner v. John B. Walton, Jr., Respondent

Summary

The Texas Supreme Court held that the termination‑fee provision in Hoover Slovacek’s contingent‑fee agreement was unconscionable as a matter of law and therefore unenforceable, but that the remainder of the agreement was enforceable, entitling Hoover to its contingent‑fee share of the $900,000 settlement. The Court affirmed the appellate court’s finding of unconscionability, reversed the take‑nothing judgment, and remanded for further consideration of the good‑cause discharge issue.