US Wins $11M From Owner Of Insolvent Contracting Co.

Law360, New York (September 26, 2011, 5:32 PM EDT) -- A Texas federal judge ruled Monday that the U.S. could collect $11 million from the owner of insolvent contractor Renda Marine Inc., which allegedly transferred money to its owner's other companies to avoid repaying a debt owed under a dredging contract.

U.S. District Judge Michael H. Schneider adopted a magistrate judge's August report and recommendations, finding that owner Oscar Renda could be held personally liable for the unpaid debt and that he had failed to raise a timely protest to the government's final decision on the...
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Case Information

Case Title

United States of America v. Renda et al

Case Number



Texas Eastern

Nature of Suit

Other Statutory Actions


Michael H. Schneider

Date Filed

July 29, 2009

Law Firms


Government Agencies

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