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Last May Trevor Rees-Jones was ordered to pay $196 million to a former minority owner in his natural gas exploration company, Chief Holdings. Now a Texas state appellate court has reinstated a lawsuit by another disgruntled former minority owner, putting at least $100 million in play.
Few Minorities Hold Positions as Court Law Clerks, Staff Attorneys in Texas
In the 10 years Jennifer Lewis Williams has worked at the 5th Court of Appeals in Dallas, she has been the court's only African-American staff attorney. That lack of diversity persists throughout the state's appellate courts. The reasons for it, and possible solutions, remain in dispute. Williams says part of the problem may be that many black attorneys do not have other lawyers to speak for them as references. But others cite the lack of turnover and the lure of better-paying jobs for qualified candidates.U.S. district judge Jed Rakoff has refused to toss a government lawsuit accusing Bank of America Corp and its subsidiary Countrywide of fraudulently selling defective mortgages to Fannie Mae and Freddie Mac. BofA and Countrywide are being represented by Williams & Connolly and Goodwin Procter respectively.
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