Showing posts with label Law Suit. Show all posts
Showing posts with label Law Suit. Show all posts

Thursday, February 23, 2012

M A J O R Jerk . . . Finale

BACKGROUND ON THE DEAL - It seems, and I am foggy on the dates, but the MAJOR JA found a loop hole in their contract.  At the time they entered into the contract they formed a partnership.  The partnership was actually illegal; in the sense of they should never have executed this partnership.  In order to own this mortgage practice business they way they set it up you HAD to be an attorney.  This might have something to do with accepting commissions.  This was MAJOR Jerk's basis for the firing of the partner.

Back to $31M.  MAJOR Jerk wants to fight this.  His counsel contacted my husband's law firm for the appeal.

My husband's law firm specializes in boutique litigation - lots of contract negotiations, partnership break-ups, business splits.  They are total go getters, sharks.  I often feel bad for the opposition, they have no clue what they are up against!

Wednesday, February 22, 2012

M A J O R Jerk . . . Park 2

Weird ? ? ? Things spun out of control . . .

I hear through the cleaning lady Elizabeth's husband went in to his office, he owned and currently owns a major mortgage brokerage firm in Dallas.  He strolled in one morning and fired his partner.  It doesn’t stop . . . he friends a few key players that might have had loyalty to his partner.  He changed the name of the company, assumed all assets and opened shop under a new name.  All in an afternoon of work!


It was around this time that Major Jerk, or Jack Ass . . . as I often refer to him, was frequenting strip clubs, bars, late night dinners and out of town trips.

One more than one occasion JA (Jack Ass) woke up on his front porch.  His wife hadn't heard from him.  She didn't know where he had been all night.  If only she had opened the door to get the mail, she would have found him.