Eric Terry, the Chapter 11 trustee overseeing the bankruptcy of ex-San Antonio lawyer Christoper “Chris” Pettit and his law firm,” said walking through the Petti law office at 13111 Huebner Road was “a little errie.”
Pettit, a longtime San Antonio attorney, filed for bankruptcy protection and surrendered his Texas law license this month after allegations that he stole millions from clients. One creditor’s lawyer estimated at least $50 million has been misappropriated.The allegations have triggered an FBI investigation but no charges have been filed.“I will say this on the record: At some point he’s coming to court,” the judge said.
He has visited the office at 13111 Huebner Road where Pettit maintained his personal-injury practice. “I also point out at this particular point in the case the estate has very little in the way of cash assets,” Huffstickler said. “This is one of those cases that I refer to as I’m working on a contingency basis with no upside.”
That prompted Gargotta to ask if Pettit was licensed as an attorney in New Mexico. Huffstickler didn’t know but Pettit isn’t listed on the State Bar of New Mexico’s website. Michael Colvard, Pettit’s bankruptcy lawyer, said his client transferred the properties “to get money” to resolve a court judgment against him and his firm.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: fox7austin - 🏆 594. / 51 Read more »
Source: SAcurrent - 🏆 607. / 51 Read more »
Source: SAcurrent - 🏆 607. / 51 Read more »
Source: ExpressNews - 🏆 519. / 51 Read more »
Source: ksatnews - 🏆 442. / 53 Read more »
Source: SAcurrent - 🏆 607. / 51 Read more »