bullet
Legend
Posts: 66,652
Joined: Apr 2012
Reputation: 3300
I Root For: Texas, UK, UGA
Location:
|
Dallas jury goes rougue
https://www.msn.com/en-us/money/companie...spartandhp
JP Morgan was found liable for mismanaging a $19 million inheritance and the Dallas jury awarded the heirs $8 billion. Even the children are saying it should be more like $74 million.
You expect that sort of stuff in South Texas. But the Dallas jury seems to be taking the housing bust out on JP Morgan Chase.
Bad sign for justice in the courts.
|
|
11-11-2017 09:32 AM |
|
Owl 69/70/75
Just an old rugby coach
Posts: 80,762
Joined: Sep 2005
Reputation: 3208
I Root For: RiceBathChelsea
Location: Montgomery, TX
|
RE: Dallas jury goes rougue
Sounds like this will be reversed on appeal if not settled first.
|
|
11-11-2017 09:56 AM |
|
bullet
Legend
Posts: 66,652
Joined: Apr 2012
Reputation: 3300
I Root For: Texas, UK, UGA
Location:
|
RE: Dallas jury goes rougue
(11-11-2017 09:56 AM)Owl 69/70/75 Wrote: Sounds like this will be reversed on appeal if not settled first.
The judge will reduce it. But to what?
|
|
11-11-2017 10:44 AM |
|
HeartOfDixie
Hall of Famer
Posts: 24,689
Joined: Oct 2013
Reputation: 945
I Root For: Alabama
Location: Huntsville AL
|
RE: Dallas jury goes rougue
This is a good sign.
Sure, it won’t stand, but the restrictions being placed on the civil jury around the country are unfair and destructive.
***Cough***Caps***Cough***
|
|
11-11-2017 11:53 AM |
|
banker
Hall of Famer
Posts: 11,914
Joined: Oct 2009
Reputation: 1480
I Root For: Marshall
Location:
|
RE: Dallas jury goes rougue
First, JP Morgan is a corrupt organization. Look at all the fines, billions worth, they have paid over the last 5-7 years. Second, I believe the charges. They don't want to effiently work through the estate, once it's settled, the fees end. I also believe the charge that they worked to curry favor with the stepmother at the expense of the children. That gives them the best chance to hang on to the assets. You can't do that by being fair, everyone feels slighted then, so you pick a side.
Of course $8 billion is ridiculous, but if the heirs counsel supported that somehow and the bank's counsel did not bother to discredit that with the jury, that's on them.
|
|
11-11-2017 12:01 PM |
|