2013 Diamond Offshore Company v. Survival Systems, International, Inc. (SSI):
In the United States District Court for the Southern District of Texas, Houston Division, Judge Gray H. Miller presiding. DLJ represented Diamond Offshore Company, a subsidiary of Diamond Offshore Drilling, Inc., one of the largest offshore-drilling companies in the world. Diamond Offshore Company asserted claims of fraud, misrepresentation, breach of warranty, breach of contract, strict liability, and declaratory relief against SSI related to a lifeboat accident involving SSI-designed and SSI-manufactured lifeboat hooks that Diamond alleged were defective and not fit for purpose, and which Diamond alleged resulted in the death of two individuals and the serious injury to two other individuals. Diamond sought damages in excess of $4 Million. The matter was settled on confidential terms.