After waiting more than a decade for some guidance from the Texas Supreme Court on the meaning of "net worth" in discovery matters, we thought we were going to get just that–at least until last Friday, that is. In last Friday’s orders, the high court granted the motion to dismiss filed by the real parties in interest.
I understand that the basis for the motion was that after the supreme court expressed interest and requested briefing, the real parties in interest went back to the trial court and asked the court to vacate its discovery order, which the court did. The real parties then sought dismissal of the mandamus proceeding, and it appears that the court obliged.
I’ve written a couple of prior entries about the In re Jacobs case. Those entries may be found here and here, for those curious to read more about Jacobs.