Does the latest chapter in a three-year old legal case involving the terminated executive of an insurance CUSO and Texans Credit Union hinge on semantics?
According to a March 2 U.S. Bankruptcy Court for the Northern District of Texas ruling, Kevin Curley, former president/CEO of Texans Insurance Group, may finally be able to recoup $21 million in back pay and benefits in a case that goes back to 2007.
The court's decision confirmed what Curley told Credit Union Times in August 2009 when he said a trial was set for that September to determine whether he was entitled to compensation. The court's most recent opinion said Curley has a claim of $21 million, which includes $347,699 for back pay, benefits and prejudgment interest, $441,000 for attorneys' fees and employment arbitration and $156,909 for post-arbitration fees.
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