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Whether or not Hayman Capital Management’s Kyle Bass can say what he likes about real-estate investment trust manager United Development Funding—and those things include that it is a worthless Ponzi scheme engaged in all sorts of self-dealing, among others—remains an open question. What has been rather definitely settled, by a rather pissed-off judge, is that Kyle Bass and his representatives cannot say what they like about UDF’s lawyers, at least without being rather roundly sanctioned.

“I don’t like lawyers to, without any evidence whatsoever, attack another lawyer and accused them of dreadful things like being mobster attorneys, potential perjurers, and guilty of judicial terrorism,” said [Dallas County Judge Ted] Akin… “The thing I object to is the way the lawyers have been personally attacked,” Judge Akin said at the December hearing, according to the transcript. “I find it reprehensible, and in my 57 years I have never seen anything as bad as this case….”

“The question is, how do I get Mr. Bass’s attention and the lawyers’ attention to stop behavior like this,” Akin continued at the hearing. “I don’t know what it will take… I want the lawyers henceforth to devote their time to the facts in the case, not attacking the lawyers in this case.”

‘Reprehensible’: Kyle Bass’s Hayman Capital Lambasted by Dallas Judge [II]



Texas Real Estate Executives Guilty Of Proving Kyle Bass Right

And, also, relatedly and with the prospect of decades in prison attach, conspiracy and fraud.

By SteeleatHaymanCapitalManagementLP (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Frequently-Sued Texas REIT Sues Kyle Bass

There are enough bad things to say about United Development Funding available without making others up, according to United Development Funding.

By SteeleatHaymanCapitalManagementLP (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Did Kyle Bass Go A Little Too Far In Trashing Fraudulent REIT?

I mean, the SEC is grateful for his help, but did he have to use the words “Ponzi scheme”?

Kyle Bass Crusader

Kyle Bass Certain His Sinophobic Dreams Are About To Come True

For real this time, you guys. He’s staking his fortune and reputation on it.


Kyle Bass Plans Celebratory Toga Party For Sometime Next Year

These Greek banks are gonna blow up once voters throw these red bums out.

Kyle Bass Crusader

Kyle Bass Can’t Wait For Things To Get Really Ugly

You think this is bad? The hedge fund manager pities the penury of your imagination.

Kyle Bass Crusader

Kyle Bass Thinks There’s A Place The Coronavirus Could Do Some Real Good

The hedge fund manager’s distaste for the Chinese Communist Party is deep and strong.