The Dallas Court of Appeals, in Vines-Herrin Custom Holmes, LLC v. Great American Lloyds, No. 05-10-00007-CV, 2011 WL 6396473 (Tex. App.—Dallas Dec. 21, 2011, no pet. h.) handed down an opinion overturning a take-nothing judgment on behalf of an insurer of a construction company and remanding to the trial court for further proceedings. In so …
View PageQuick Review: The Automatic Stay
This post discusses the basics of the “automatic stay” that is in place when a customer files for bankruptcy. This post also includes a discussion of the potential pitfalls that creditors face for violations of the automatic stay. Automatic Stay – An Absolute Prohibition to Collect The filing of a bankruptcy …
View PageDaniel Palmer to be a speaker at “Probate Process from A to Z”
Daniel A. Palmer will be a presenter at a probate seminar entitled, “Probate Process from A to Z” on Wednesday, February 15. Danny will present a paper entitled, “The Initial Probate Filing“. For more information, you can go to http://www.nbi-sems.com/SemTeleDetails.aspx/R-58063ER|?ctname=SPKEM
View PageSecurities and Exchange Commission Accuses Life Partners Holdings of Misleading Investors
The Securities and Exchange Commission has filed suit accusing Life Partners Holdings of "systematically and materially" misleading investors about the life expectancy of people whose life insurance policies it traded. According to the SEC’s suit filed in federal court in Waco, the alleged scheme inflated the value of the company’s stock. Specifically, the SEC has …
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