Orix's Unfit-Judge Claim Falls Flat At Texas High Court

Law360, Houston (March 8, 2013, 10:10 PM EST) -- Texas’ highest court on Friday declined for a second time to reinstate a $6 million award in favor of a unit of Orix Corp. against a commercial loan guarantor that had been overturned by an allegedly unqualified judge.

The Texas Supreme Court refused to reconsider its December decision to not take up the case, upholding a ruling by the Fifth District Court of Appeals that Orix Capital Markets LLC cannot legally challenge former Dallas trial court Judge Bruce Priddy’s decision to toss a judgment against American...
To view the full article, register now.