Final arguments were heard in the NPS civil trial this past Friday. With the SDR having presented evidence through the prior Friday, the defendant trustees presented their case in less than a week. This may reflect that the NPS trustees had viewed their duties as having been defined by Chapter 436 as relatively low. As
civil
Testimony Guidelines for the NPS Experts
By Bill Stalter on
Posted in NPS/Lincoln
In August, litigants to the NPS civil trial were required to file expert opinion reports with the court. Initially, there were essentially 8 defendant banks, and most had retained one or more experts to testify at trial. As a consequence, a plethora of expert reports were filed with the court. Many of the experts offered…
The NPS Civil Trial: our first glimpse of the legal arguments
By Bill Stalter on
Posted in Uncategorized
In anticipation of a February trial date, a group from the fiduciary bank defendants has filed a motion for summary judgment in the Federal court that will try the NPS civil lawsuit. The intent of the summary judgment request is to narrow the scope of claims made by the Special Deputy Receiver. The pleadings filed…
The Cassity Reply to Dismissal: Not Without a Pass for My Son
By Bill Stalter on
Posted in NPS/Lincoln, Uncategorized
Doug Cassity has filed a motion to modify the order dismissing him from the SDR’s civil lawsuit. Mr. Cassity asserts that he and his family should be freed of the reign of terror and wrongdoing of the Texas regulators and their attorneys. Seeking a dismissal with prejudice, Mr. Cassity seeks to have the SDR’s claims…
The Cassity Plea Agreement: More Extenuating Circumstances
By Bill Stalter on
Posted in NPS/Lincoln
The Cassity shell game may have came to an end this past week when aFederal judge ordered the seizure of NPS computers and 260 bankers boxes of records. Taking a page from a Six Feet Under script, NPS officers sought to conceal their misdeeds by hiding records and computers in crypts located at…