With “some consternation,” a federal judge has dismissed a lawsuit filed by a former McDermott shareholder who claims that he was defrauded out of his ownership stake in the company through a conspiracy that included former Houston Bankruptcy Judge David Jones, his secret girlfriend Elizabeth Freeman, her former law firm Jackson Walker and mega-corporate law firm Kirkland & Ellis.
“The Court takes no pleasure in this result. The Plaintiff’s allegations, if true, cast doubt on the integrity of numerous high-profile bankruptcy cases. Litigants should not have to wonder whether the judge overseeing their case stands to gain from ruling against them: but in Jones’s courtroom, they did.”