Wednesday, October 28, 2015
Mommy and daddy paying David Wallace's attorneys
A statement from Wallace's new attorney was filed September 28 in U. S. Bankruptcy Court for the Southern District of Texas. Wayne Kitchens of the firm of Hughes Watters Askanase LLP said he had been hired by David Wallace's parents and that the $5,000 was just the beginning.
"We will in all likelihood require and receive additional funds necessary to maintain such services."
Wallace, the former master developer for the City of Joplin, filed for Chapter 7 bankruptcy March 24. Since the judge opened the door for adversary lawsuits against Wallace, five such actions have been filed, with claims that Wallace committed fraud and operated Ponzi schemes.