He was being sued for deceptive practices by Houston Monarch, a small oilfield services outfit that had tried to buy Baker Hughes' McMurry Oil Tools unit and use First Reserve as a lender.

FORBES: Magazine Article

He was being sued for deceptive practices by Houston Monarch, a small oilfield services outfit that had tried to buy Baker Hughes (nyse: BHI - news - people )' McMurry Oil Tools unit and use First Reserve as a lender.

FORBES: The Connecticut Oil Baron