Bill Reid of Reid Collins & Tsai in Austin. Courtesy photo $121M Judgment Against Credit Suisse as Investment Firm Wins Real Estate Dispute
"We went to trial against a Wall Street bank, and proved that they committed fraud," said Austin trial lawyer Bill Reid.
June 28, 2021 at 06:38 PM
4 minute read
Real Estate
In a case that Austin trial lawyer Bill Reid described as his baby, a Dallas court has ordered Credit Suisse to pay $121.2 million to Reid's client in a dispute stemming from a major real estate transaction just before the housing market crashed in 2008.
Reid, a member of Reid Collins & Tsai in Austin, was so close to the case that over the past eight years he represented the client before the trial court, intermediate appellate court and the Texas Supreme Court.
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