October 19, 2023
A Texas federal judge said he is open to granting a housing investor's request to stay an order awarding attorneys' fees in a $63 million dispute with a real estate company while an appeal is pending at the Fifth Circuit.
August 31, 2023
A real estate investment company that won a defense jury verdict in a $63 million suit brought by jilted creditors has been awarded $2.5 million in attorney fees after a Texas federal judge found that the plaintiffs' "bad-faith conduct permeated the suit."
November 12, 2019
A federal judge in Texas has trimmed a lawsuit brought by jilted creditors seeking to collect on a $63 million judgment against a real estate investment company, while holding that tossing the entire lawsuit would be "too draconian, unduly prejudicial to plaintiffs and unwarranted."
August 15, 2018
Jilted creditors seeking to collect on a $63 million judgment against an American Realty Investors Inc. affiliate received a mixed-bag ruling on Tuesday, as a Texas federal judge tossed some of their fraudulent transfer and alter ego claims but kept others intact ahead of a likely trial.
November 10, 2016
A Texas federal judge on Wednesday issued tailored sanctions against American Realty Investors Inc. in a $63 million real estate suit over a deposition for which the company's vice president was not adequately prepared and company counsel allegedly objected hundreds of times, ordering that another deposition be held.
September 26, 2016
A real estate mogul alleging American Realty Investors Inc. diverted money through bankruptcy to avoid paying a $63 million judgment over a soured apartment complex deal asked a Texas federal judge on Friday for sanctions against the attorneys for two executives, saying they deliberately attempted to sabotage two depositions.
August 19, 2014
American Realty Investors Inc. was slapped with a lawsuit in Texas federal court Tuesday by a Michigan real estate mogul who said the company abused the bankruptcy process and is hiding assets to avoid paying a $63 million judgment stemming from a soured apartment complex deal.