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Bankruptcy Court Rules Former Texans CUSO Exec Owed $21 Million

After nearly three years of legal wrangling, former Texans Insurance Group President Kevin Curley may be able to recoup $21 million in back pay and benefits in a wrongful termination case.

By Michelle A. Samaad | Updated on March 03, 2010

After nearly three years of legal wrangling, former Texans Insurance Group President Kevin Curley may be able to recoup $21 million in back pay and benefits in a wrongful termination case.

The March 2 U.S. Bankruptcy Court for the Northern District of Texas ruling confirmed what Curley told Credit Union Times in August 2009 when he said a trial was set for that September to determine whether he is entitled to compensation. The court said Curley shall have a claim of $21 million which includes $347,699 for back pay, benefits and pre-judgment interest, $441,000 for attorneys’ fees and employment arbitration and $156,909 for post-arbitration fees.

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