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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Chesapeake lawsuit up for Fort Worth council action
 
 
A. Lee Graham
Reporter
 
The city of Fort Worth is expected to ratify its lawsuit against Chesapeake Operating Inc. and Total E&P (USA) Inc. that alleges improper cost deductions for production services, among other charges.
 
The issue is up for vote at this week’s regular council meeting. Pre-council begins at 8:30 a.m. Tuesday Oct. 22, with the regular meeting starting at 10 a.m. at City Hall, 1000 Throckmorton St.
 
Representing Fort Worth in the suit is Ralph Duggins, a partner with Cantey Hanger LLP. The move comes two months after the city of Arlington sued Oklahoma City-based Chesapeake as it seeks more than $1 million in damages.
 
Meanwhile, Fort Worth hopes to win damages for royalties due, as well as financial compensation of legal fees stemming from the lawsuit. Total E&P is listed in the suit because the French energy company owns some of Chesapeake’s former Barnett Shale holdings.
 
Similar claims were made in a federal lawsuit filed earlier this year against Chesapeake by Fort Worth developer Ed Bass and Trinity Valley School, among other landowners.
 

lgraham@bizpress.net

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