Preston Hollow Capital LLC urges a federal court to toss counterclaims filed by the city of Hutto, a suburb outside of Austin, and Cottonwood Development Corp. PHC calls the claims contradictory, procedurally flawed and inappropriately duplicative. PHC is represented by Eric Pinker and Sam Hardy of Lynn Pinker Hurst & Schwegmann LLP.

"Put another way, counter-plaintiffs have pled facts that irreparably undermine their breach of contract claim," PHC said in its motion to dismiss Thursday.

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