A state district court jury in Houston rejects a multimillion-dollar tortious-interference claim by an oil company represented by Rusty Hardin.
Under Judicial Pressure, Brazos, ERCOT to Mediate $1.9B Dispute for What’s ‘Best for Texans’
Chief U.S. Bankruptcy Judge David Jones encourages the two sides to reach an agreement and move forward for ‘the person that lives in a trailer in Central Texas… that can’t afford a doubling of their electric bill.’
CEO: Brazos in Great Shape Until Crippling Uri Bills
Clifton Karnei also testified that the emergency pricing of electricity during the storm at $9,000 per megawatt hour – hundreds of times the normal rate – did nothing to accomplish what state regulators intended.
Brazos Execs Knew Electric Prices Would Soar Even Before Winter Storm Uri Hit
Brazos, the state’s largest and oldest electric co-op, contends that it was plunged into bankruptcy by the $9,000-per-megawatt-hour price imposed by ERCOT during the deadly storm.
Judge Tells Former PUC Chair: ‘I Am Disappointed at Your Lack of Candor’
The chief federal bankruptcy judge in Houston publicly questioned the truthfulness of the former chair of the Public Utility Commission who testified Thursday under oath about her role in the Winter Storm Uri power-grid fiasco.
Jurors Take One Hour to Toss $26M Life Insurance Claims
After eight days of trial, a Houston federal court jury dispatched life-insurance claims by a woman accused of faking her husband’s death, answering two essential questions: Did she prove her husband was dead (no) and did the insurance companies prove he misrepresented in his application for the insurance (yes).
Widow: $26 Million Life Insurance Was Surprise
Blanca Monica Villareal, accused in a civil suit of faking her husband’s death in Mexico City to swindle insurers Transamerica and Prudential, claimed that she knew nothing about his finances. Testifying in Spanish, she told Houston jurors she couldn’t read the insurance policies and didn’t know what they were when she found them, because they were in English.
Mikal Watts Grills Investigator Who Concluded $26M Life-Insurance Claim Was for Mexico City Man Still Alive
If a Mexico City businessman faked his death in 2016 to steal $26 million from two U.S. life-insurance giants, he’s done a remarkable job of lying low since, the lawyer
Investigator to Jury in $26M Life-Insurance Case: Two People Identified the Insured as Alive More than a Year After His ‘Death’
A private investigator testified Wednesday that two people at a Mexico City office where he was searching for the supposedly dead Eduardo Rosendi, flashing Rosendi’s photo, told him the man in the photo worked there as an accountant – and one had seen him earlier that day. The investigator was a critical witness in the third day of a federal trial in which a $26 million insurance payout is in the balance – if Rosendi is not dead. But Mikal C. Watts, the beneficiary’s attorney, should get his chance at cross-examination Thursday.
$26M Insurance Claim: Fraud ‘So Obvious,’ or Investigation Not ‘Indisputable’
The plaintiff’s attorney, Mikal C. Watts, on cross-examination of the insurers’ lead witness, attacked his investigator’s thoroughness and his conclusions as hardly indisputable.