GWG Bondholders Slam Dismissal Bids in RICO Suit

In four separate filings, GWG bondholders this week spoke out forcefully against requests from Jackson Walker, Porter Hedges, David Jones and Elizabeth Freeman to dismiss racketeering claims against them, doubling down on allegations that each party was enriched by keeping secret a “live-in, intimate relationship” between then-bankruptcy judge Jones and bankruptcy lawyer Freeman. 

Across 182 pages on Wednesday, the fiery responses argued to the court that Freeman had “corrupted the United States bankruptcy system for over five years and in more than two dozen cases,” that Jackson Walker “has a problem telling the truth,” that Jones engaged in years of “obfuscation and cover-up” and that Porter Hedges failed to present any “meritorious” arguments that dismissal is appropriate.