Highland Capital Ex-CEO Agrees to Keep Away From Bankrupt Firm

May 18, 2021, 7:02 PM UTC

Highland Capital Management LP’s former CEO agreed not to threaten, interfere, or contact the bankrupt investment firm or its officers and employees, under a court-approved deal reached on the eve of trial.

The order, approved Tuesday, mostly settles the long-running dispute with James Dondero, who stepped down as CEO in January 2020 under an agreement with Highland creditors. A separate motion for a contempt order against Dondero for allegedly violating an earlier temporary injunction remains outstanding.

Judge Stacey G. C. Jernigan of the U.S. Bankruptcy Court for the Northern District of Texas said Tuesday she expects to rule on ...

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