Legal

Texas Files Suit Against BP for Damages Caused By 2010 Deepwater Horizon Oil Spill

2013-05-19T16:52:38Z

Texas Business reports: AUSTIN—The State of Texas filed a lawsuit against BP America and other defendants for their role in the April 2010 Deepwater Horizon offshore oil spill.

Dallas Woman Who Caused Credit Union Insolvency Sentenced to 78 Months, Ordered to Pay Approximately $3.43 Million Restitution

2013-05-12T12:50:00Z

Texas Business reports: DALLAS—Theresa Portillo, 44, of Dallas, was sentenced by U.S. District Judge Barbara M. G. Lynn to 78 months (six and one-half years) in federal prison and ordered to pay $3,431,000 in restitution, following her guilty plea in January 2013 to a felony information charging one count of embezzlement of funds from a credit union.

Dallas Residents Affiliated with Bridgemark Investment Group Plead Guilty

2013-05-03T10:16:24Z

Texas Business reports: DALLAS—On the day before their trial was to begin in federal court, Dallas residents Eric Damon Johnson and Tracie Elaine Stenson pleaded guilty to their roles in a mortgage fraud conspiracy that they ran in Dallas, announced U.S. Attorney Sarah R. Saldaña of the Northern District of Texas.

Bryan Chiropractic Clinic Owner Convicted in $3 Million Automobile Insurance Fraud

2013-04-29T15:49:24Z

Texas Business reports: HOUSTON—The owner of a now defunct chiropractic clinic in Bryan has pleaded guilty to engaging in a conspiracy to defraud various automobile insurance companies of more than $3 million, United States Attorney Kenneth Magidson announced today.

Limiting Environmental Regs Raises Fears of ‘Race to the Bottom’

2013-04-29T10:57:29Z

Texas likes to be “business friendly” and as the state legislature considers bills to limit environmental regulation to keep it that way, some economists warn of the longer term consequences.