Bloomberg Law
Feb. 17, 2023, 6:36 PM

Texas Lawyer Gets New Trial Over Lack of Rescheduling Notice

Janet Miranda
Janet Miranda

A lawyer whose firm allegedly failed to repay a $3.25 million loan to a litigation funding company is entitled to a new trial, the Texas Supreme Court ruled Friday.

Neither the plaintiff nor the court gave the lawyer an adequate notice that a hearing which was initially canceled due to the Covid-19 pandemic was back on the same day, the court said.

B. Gregg Price PC took out a loan from Series 1 — Virage Master LP, which Price personally guaranteed. However, after his firm failed to repay the loan, Virage sued him and the firm and moved for summary ...

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