David Jones resigned from his post as chief bankruptcy judge for the Southern District of Texas following revelations of an undisclosed romantic relationship with bankruptcy attorney Elizabeth Freeman. Judge Jones's resignation means the more than 3,000 cases he oversaw will be redistributed to other judges. His involvement as mediator in the Tehum settlement could allow creditors to object to the proposed deal. The bankruptcy case and settlement involving Corizon subsidiary Tehum may now face renewed legal challenges over Judge Jones's undisclosed conflict of interest in the matter.
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00:00 It's Benzinga and here's what's on the block.
00:02 David Jones resigned from his post as chief bankruptcy judge for the Southern District
00:07 of Texas following revelations of an undisclosed romantic relationship with bankruptcy attorney
00:12 Elizabeth Freeman.
00:14 Judge Jones' resignation means that more than 3,000 cases he oversaw will be redistributed
00:19 to other judges.
00:21 His involvement as mediator in the Tahum settlement could allow creditors to object to the proposed
00:26 deal.
00:27 The bankruptcy case and settlement involving Corazon, subsidiary to Hume, may now face
00:31 renewed legal challenges over Judge Jones' undisclosed conflict of interest in the matter.
00:37 For all things money, visit Benzinga.com.
00:39 [BLANK_AUDIO]