BRAUSS v. TRIPLE M HOLDING GMBH

No. 05-11-00271-CV.

411 S.W.3d 614 (2013)

W. Eric BRAUSS; Christine Martin; Texas Horseshoe; Droege Investment Gbr; Wolf Heimerdinger; Sandy Marks; T.H. Song-Winkler; Michele Roelcke; and Susan Brauss, Appellants v. TRIPLE M HOLDING GMBH; 2 M GMBH; FRN Product Marketing GMBH; ASN Immobilien GMBH; Renate Nixdorf GMBH & Co. KG; Michael Nixdorf Verwaltungs GMBH; SDI, Inc.; SDI Grand Cayman, L.L.C.; SGC Management, L.L.C.; SDI Paradise Island, L.L.C.; SPI Management, L.L.C.; NDF/TRA Grand Cayman, L.P.; Watercrest Partners, L.P.; and RMB Investments, Inc., Appellees.

Court of Appeals of Texas, Dallas.

August 13, 2013.


Attorney(s) appearing for the Case

Barbara L. Emerson , Bellinger & Dewolf L.L.P., Kimberly M.J. Sims , Palter Stokley Sims Wright PLLC, Lawrence J. Friedman , Friedman & Feiger, LLP, Matthew Muckleroy , John T. Palter , Palter Stokley , et al., Dallas, TX, Bryan Burg , Seibman, Burg, Phillips & Smith, LLP, Piano, TX, for Appellants.

Todd J. Harlow , Lynn, Tillotson & Pinker, LLP, Dallas, TX, for Appellees.

Before Justices MOSELEY, FILLMORE, and MYERS.


OPINION

Opinion By Justice MOSELEY.

This case results from the downfall of a real estate empire built by W. Eric Brauss through a complex web of real estate limited partnerships involving hundreds of investors and creditors. When some of the investors began to realize the empire was crumbling, Brauss fired all the employees at his management company, Today Realty Advisors, Inc. (TRA), and left the country. Several lawsuits were filed by various parties against...

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