Andrews Kurth Settles $51M Suit Over Client's Stanford Deal

Law360, Houston (June 16, 2014, 9:19 AM EDT) -- Andrews Kurth LLP settled what remained of a $51 million lawsuit Sunday with a former client that says the firm caused it to sustain massive losses on real estate deals with Stanford Financial Group following a Texas judge’s order that the firm pay no damages. 

Tom Ajamie of Ajamie LLP confirmed that his client Walton Houston Galleria Office LP struck a deal with Andrews Kurth Sunday evening, resolving litigation over Walton’s claim that it could have avoided a disastrous attempt to sell an office complex to Stanford had it known of an ongoing federal investigation into the fraudster.

The deal came...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!