DALLAS — U.S. District Judge Barefoot Sanders on Friday refused to disqualify himself from considering cases involving the billionaire Hunt brothers of Texas.
Attorneys for William Herbert, Nelson Bunker and Lamar Hunt filed a motion Thursday to have Sanders removed after the judge set a deadline of Sept. 11 for bankruptcy cases involving Hunt companies to be transferred from New Orleans to Dallas.
The Hunts said Sanders should be removed from the cases, which include $14 billion in lawsuits filed by the Hunts against 23 major banks, because he owns stock in Allied Bancshares of Houston and has historical ties to the banking industry. Sanders' 1986 personal financial disclosure form shows an investment in Allied of between $100,000 and $250,000--his single largest stock-holding interest.
"The court does not have any financial interest in any of the parties to this lawsuit," Sanders replied in a document filed Friday.