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MATTER OF 3 STAR PROPERTIES, L.L.C.

No. 19-20841.

2 F.4th 387 (2021)

In the MATTER OF: 3 STAR PROPERTIES, L.L.C., Debtor, Sed Holdings, L.L.C., Appellee Cross-Appellant, v. TM Property Solutions, L.L.C.; Biltmore Funding, L.L.C.; TMPS, L.L.C.; Mark Hyland; Home Servicing, L.L.C., Appellants Cross-Appellees, Don St. John; Howard L. Nations, a Professional Corporation, Cross-Appellees.

United States Court of Appeals, Fifth Circuit.

FILED June 17, 2021.

Attorney(s) appearing for the Case

David J. Drez, III, Esq. , Jacob Fain , Wick Phillips Gould & Martin, L.L.P., Fort Worth, TX, James Blake Hamm , Snow & Green, L.L.P., Hockley, TX, Jared Isaac Levinthal , Levinthal Wilkins, P.L.L.C., Houston, TX, for Appellee/Cross-Appellant.

Sean Michael Reagan , Reagan Law Firm, Houston, TX, for Appellants/Cross-Appellees TM Property Solutions, L.L.C., Don St. John, Biltmore Funding, L.L.C., TMPS, L.L.C., Mark Hyland, Home Servicing, L.L.C.

Andrew L. Johnson , Thompson, Coe, Cousins & Irons, L.L.P., Houston, TX, for Cross-Appellee Howard L. Nations, A Professional Corporation.

Before Haynes, Duncan, and Engelhardt, Circuit Judges.

A federal jury found that 3 Star Properties fraudulently sold SED Holdings millions in loans and awarded SED over $14 million in damages. From that verdict, we must untangle a snarled skein of appeals and cross-appeals. We affirm the liability judgment against 3 Star but, concluding the damages award was excessive...

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