At the end of a roughly two-hour hearing, U.S. Bankruptcy Judge Christopher Lopez approved a $50.5 million settlement with directors and officers of GWG, a $30 million settlement with the law firm Mayer Brown, an $8.5 million settlement with Texas accounting firm Whitley Penn and a $2.3 million settlement with brothers Jon R. and Steven F. Sabes, the original founders of GWG.
GWG Holdings Bondholders Allege RICO Conspiracy
The lawsuit, filed Thursday, names as defendants David Jones, Elizabeth Freeman, The Law Office of Liz Freeman, Jackson Walker and Porter Hedges. GWG Holdings bondholders allege those parties were part of a conspiracy to “prey upon distressed entities for their own financial gain.”
Family of Arlington Firefighter Who Died at Cancun Resort Gets $31.27M Verdict
The widow of an Arlington firefighter who died while celebrating his 10th wedding anniversary at the all-inclusive Royalton Chic resort in Cancun, Mexico, was awarded $31.27 million by a jury this week that found the hotel liable for negligence.
Elijah Snow, 35, died in July 2021 and his widow, Jamie, filed suit in June 2022, naming as defendants RCM Hotel, its parent company Blue Diamond Hotels and Resorts and a travel agency that was later dropped from the suit.
Big Data, Big Impact: Texas Trial Lawyers Talk ‘JuryBall’
Imagine knowing what a jury is going to do — whether they will find liability, how they will apportion it and how much they will award in damages — before voir dire even begins. “The last five trials I’ve gone to I’ve been armed with the answer to those questions before the trial even starts,” Brent Walker of Brent Walker Law told The Texas Lawbook in a recent interview. “It’s sort of like playing poker and knowing what the cards are going to be.”
Litigation Roundup: SCOTX Clarifies Limitations Period in Attorney Discipline Case
In this edition of Litigation Roundup, a lawsuit is filed against the organizers of a cheer competition that took place at the Kay Bailey Hutchison Convention Center and ended in what plaintiffs call a chaotic stampede, and the Texas Supreme Court issued a ruling that rescinded punishment doled out by the Commission for Lawyer Discipline.
Jackson Walker Hires Bracewell Partner to Lead Appellate Group
Roughly one month after adding former Texas Supreme Court Chief Justice Nathan Hecht to its ranks, the firm has tapped Jeff Oldham to be the firmwide chair of its appellate section. Oldham had most recently been an appellate partner in Bracewell’s Houston office.
Holland & Knight Files Motion to Dismiss GWG Trustee’s Fraud Suit
This week, the law firm Holland & Knight and its partner Bill Banowsky asked U.S. Bankruptcy Judge Marvin Isgur to dismiss a bankruptcy trustee’s fraud lawsuit against them for failure to state a claim. Holland & Knight and Banowsky argued the trustee had obscured “the facts upon which it must rely for wrongdoing against defendants in this case.”
Bradley Hires Former EVP, CLO of Texas Regional Bank
Jacque Kruppa joined the firm’s Dallas office as a partner, Bradley announced in a press release Wednesday. She had been at Texas Regional Bank for about a year and a half and spent 17 years at Hunton Andrews Kurth prior to that.
Litigation Roundup: Intel Gets a Win in $3B VLSI Fight
In this edition of Litigation Roundup, a woman who alleges she was raped by the NBA’s Zion Williamson hires The Lanier Law Firm to pursue her claims in California court and two former high-ranking lawyers in Attorney General Ken Paxton’s office who launched their own firm are named as defendants in a lawsuit brought by a former coworker who alleges she was the victim of sexual harassment.
Legendary Trial Lawyer H. Lee Godfrey Dies
In an announcement, the firm said he died following a long illness. In 1982, Godfrey joined his friend, Steve Susman, who launched his own firm two years earlier. Together, the pair built Susman Godfrey into a preeminent, commercial litigation boutique with a reputation for taking big cases on a contingency basis.