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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.