Tag Archives: bankruptcy

So what happened with the original Woodfill investigation?

Posted on February 24, 2024 by Charles Kuffner

Good question. Five years ago, Harris County District Attorney Kim Ogg appeared poised to prosecute Jared Woodfill, a prominent local attorney and Republican activist, for serious financial crimes. Ogg’s office received a judge’s permission to conduct a raid of his … Continue reading →

Posted in Crime and Punishment | Tagged , , , , , , , , , , , , , , , , , | 5 Comments

Yes, please do investigate Jared Woodfill

Posted on February 10, 2024 by Charles Kuffner

Is there a petition I can sign for this? A former client of Houston attorney and Texas House candidate Jared Woodfill is asking state and federal investigators to give fresh scrutiny to a 2017 investigation into allegations that he misappropriated … Continue reading →

Posted in Crime and Punishment | Tagged , , , , , , , , , , | 2 Comments

A brief digression on baseball broadcasting and leveraged buyouts

Posted on February 1, 2023 by Charles Kuffner

I call your attention to this fine article about some current baseball-business news, which among other things helped me better understand some business lingo. Diamond Sports Group, the company that owns Bally Sports Network and thus the rights to 14 … Continue reading →

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Who else can we think of who’s alleged to have violated Texas securities law?

Posted on November 25, 2022 by Charles Kuffner

Into every story about cryptocurrency, some amount of absurdity is sure to follow. Texas is investigating celebrities who had endorsed FTX, the now bankrupt cryptocurrency firm, for potentially violating state securities laws. The Texas State Securities Board started looking into FTX’s … Continue reading →

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Griddy files for bankruptcy

Posted on March 19, 2021 by Charles Kuffner

Live by market disruption… Griddy Energy, a California-based retail power company, filed for bankruptcy on Monday citing financial woes brought on by the power crisis in February. Griddy’s business model exposes consumers to the wholesale market, which in normal times … Continue reading →

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SH130 operator emerges from bankruptcy

Posted on July 4, 2017 by Charles Kuffner

Good for them. The firm that oversees a stretch of highway with the country’s fastest speed limit says it is on better financial footing and under new ownership. The SH 130 Concession Company, which operates a 41-mile stretch of the … Continue reading →

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More MUD muddles

Posted on January 8, 2017 by Charles Kuffner

Who needs collateral? When Houston businessman David Lucyk decided to develop land in northeast Harris County, he lined up a bank loan to pay for water pipes, sewers, roads and a stormwater detention pond. He offered the bank three items … Continue reading →

Posted in Local politics | Tagged , , , , , , | 1 Comment

Rep. Reynolds files for bankruptcy

Posted on September 10, 2016 by Charles Kuffner

This was expected. Embattled state Rep. Ron Reynolds has filed for personal bankruptcy following a judge’s order to pay hundreds of thousands of dollars to a former client. The filing comes as Reynolds, the Democratic whip in the House, is … Continue reading →

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SH 130 operator to give up its ownership stake

Posted on August 22, 2016 by Charles Kuffner

Another step on the road to bankruptcy. SH 130 Concession Co. filed a bankruptcy reorganization plan Friday that proposes transferring company ownership to its largest lenders, which include the Federal Highway Administration and a group of European banks. The company … Continue reading →

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My kind of judge

Posted on September 9, 2009 by Charles Kuffner

This guy is my new hero. The judge, Arthur M. Schack, 64, fashions himself a judicial Don Quixote, tilting at the phalanxes of bankers, foreclosure facilitators and lawyers who file motions by the bale. While national debate focuses on bank … Continue reading →

Posted in Legal matters | Tagged , , | 1 Comment

Credit card reform

Posted on May 21, 2009 by Charles Kuffner

Good. Landmark credit card legislation, poised to reach President Obama’s desk as early as Memorial Day, will force the card industry to reinvent itself and consumers to rethink the way they use plastic. The Senate Tuesday took a critical step … Continue reading →

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