Kevin Curley, the former president/CEO of Texans CUSO Insurance Group, said he feels vindicated following a Texas bankruptcy court ruling in March that said he was entitled to $21 million in a wrongful termination case.
"We are delighted with the court's ruling. It is gratifying that the judge confirmed our legal positions in numerous lawsuits and arbitrations against Texans," Curley wrote in a statement to Credit Union Times. "My family fully expected Texans to honor the contracts they signed when we sold the Curley Insurance Group LLC to Texans on January 3, 2007."
On September 2009, Texans CUSO Insurance Group LLC filed for Chapter 11 bankruptcy and is in the midst of reorganizing.
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