Taylor Bean & Whitaker Plan Trust v. PricewaterhouseCoopers LLP

Summary

The lawsuit was filed in 2013 by a trust established as part of Taylor Bean and Whitaker Mortgage Corp.'s bankruptcy plan. Before being raided by federal agents in 2009 and then declaring bankruptcy, Taylor Bean & Whitaker was one of the largest mortgage lenders in the United States. The trust's lawsuit claims Taylor Bean & Whitaker incurred billions of dollars in debt as a result of PwC - which served as Colonials external auditor - signing off on fraudulent mortgage-related assets that didnt exist.

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Outcome

Settled

Case Information

Attorneys

Witnesses

Plaintiff: Taylor Bean & Whitaker Plan Trust
Defense: PriceWaterhouseCoopers LLP

Judge: Jacqueline Hogan Scola
Jurisdiction: 11th Judicial Circuit of Florida
Court: Dade County Courthouse

Case Number: 2013-033964-CA-01
Industry: Accounting
Practice Area: Financial Services

Plaintiff

Taylor Bean & Whitaker Plan Trust

Defense

PriceWaterhouseCoopers LLP

Expert Witnesses

Lay Witnesses

Sessions

Attorney

Witness

Type

Description

AM Session

Openings

5 Chapters

	Description	Attorney
00:00:00	General Case Activities
00:10:15	Opening Statement	Thomas, Steven
01:40:42	Break
01:57:58	Opening Statement	Tanis, Elizabeth
03:07:57	End of Session

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Thomas, Steven	Luria, Neil	In Person
01:24:36	Break
01:25:30	Witness Direct Examination	Thomas, Steven	Luria, Neil	In Person
01:44:27	Break
02:00:32	Witness Direct Examination	Thomas, Steven	Luria, Neil	In Person
03:00:46	End of Session

AUG

AM Session

Plaintiff Witness(es)

6 Chapters

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Chandler, John	Luria, Neil	In Person
01:23:20	Break
01:42:35	Witness Cross Examination	Chandler, John	Luria, Neil	In Person
02:57:59	Break
03:04:35	Witness Cross Examination	Chandler, John	Luria, Neil	In Person
03:28:38	End of Session

AUG

AM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Chandler, John	Luria, Neil	In Person
01:01:32	Break
01:19:19	Witness Cross Examination	Chandler, John	Luria, Neil	In Person
01:50:32	Witness Re-Direct Examination	Thomas, Steven	Luria, Neil	In Person
01:58:18	End of Session

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Re-Direct Examination	Thomas, Steven	Luria, Neil	In Person
00:37:42	General Case Activities		Luria, Neil	In Person
00:54:02	Witness Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
01:39:50	Break
02:21:26	Witness Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
03:56:45	End of Session

AUG

AM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
01:09:44	Break
01:22:21	Witness Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
02:36:20	End of Session

PM Session

Plaintiff Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
00:14:24	Witness Cross Examination	Chandler, John	Guy, Dr. Dan Ph.D., CPA	In Person
01:38:09	Break
01:56:39	Witness Cross Examination	Chandler, John	Guy, Dr. Dan Ph.D., CPA	In Person
03:04:18	Break
03:14:49	Witness Cross Examination	Chandler, John	Guy, Dr. Dan Ph.D., CPA	In Person
03:58:19	End of Session

AUG

AM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Chandler, John	Guy, Dr. Dan Ph.D., CPA	In Person
00:12:10	Witness Re-Direct Examination	Alexander, Emily	Guy, Dr. Dan Ph.D., CPA	In Person
00:32:16	General Case Activities		Guy, Dr. Dan Ph.D., CPA	In Person
00:34:11	Witness Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
02:56:54	End of Session

PM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
01:09:45	Break
01:29:09	Witness Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
02:01:01	Witness Cross Examination	Tanis, Elizabeth	Westbrook, Albert	In Person
04:04:18	End of Session

AUG

AM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Tanis, Elizabeth	Westbrook, Albert	In Person
01:15:44	Break
01:32:12	Witness Cross Examination	Tanis, Elizabeth	Westbrook, Albert	In Person
02:23:57	End of Session

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Tanis, Elizabeth	Westbrook, Albert	In Person
01:27:28	Break
01:44:16	Witness Cross Examination	Tanis, Elizabeth	Westbrook, Albert	In Person
02:39:49	Break
02:48:16	Witness Re-Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
03:37:29	End of Session

AUG

AM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Re-Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
01:05:21	Break
01:27:58	Witness Re-Direct Examination	Thomas, Steven	Westbrook, Albert	In Person
02:27:55	General Case Activities		Westbrook, Albert	In Person
02:46:41	End of Session

PM Session

Plaintiff Witness(es)

7 Chapters

AUG

AM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Thomas, Steven	Cavender, Jeffrey	In Person
00:47:26	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
01:05:54	Break
01:33:13	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
02:07:54	End of Session

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
01:37:06	Break
01:52:57	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
02:53:05	Break
03:04:08	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
03:45:24	End of Session

AUG

AM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
00:59:26	Break
01:19:41	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
02:03:55	End of Session

PM Session

Plaintiff Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
01:21:39	Break
01:54:26	Witness Cross Examination	Tanis, Elizabeth	Cavender, Jeffrey	In Person
01:57:21	Witness Re-Direct Examination	Thomas, Steven	Cavender, Jeffrey	In Person
03:12:46	General Case Activities		Cavender, Jeffrey	In Person
03:20:13	Witness Direct Examination	Thomas, Steven	Emig, Maureen	In Person
03:30:12	End of Session

AUG

AM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Thomas, Steven	Emig, Maureen	In Person
00:58:14	Break
01:13:52	Witness Cross Examination	Chandler, John	Emig, Maureen	In Person
02:15:15	End of Session

PM Session

Plaintiff Witness(es)

9 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Chandler, John	Emig, Maureen	In Person
00:52:51	Witness Re-Direct Examination	Thomas, Steven	Emig, Maureen	In Person
01:04:32	Break
01:25:47	General Case Activities		Emig, Maureen	In Person
01:33:14	Witness Direct Examination	Thomas, Steven	Rivers, Phillip	Video Recording
02:44:17	Break
02:54:49	Witness Direct Examination	Thomas, Steven	Rivers, Phillip	Video Recording
03:41:06	Witness Direct Examination	Alexander, Emily	Naumann, Jeffrey	Video Recording
03:59:59	End of Session

AUG

PM Session

Plaintiff Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Alexander, Emily	Jackson, Kim	Video Recording
00:38:30	Witness Direct Examination	Alexander, Emily	Dickinson, Sherry	Video Recording
01:03:42	Break
01:22:06	Witness Direct Examination	Thomas, Steven	Turner, Lynn	In Person
02:28:34	Break
02:42:51	Witness Direct Examination	Thomas, Steven	Turner, Lynn	In Person
03:44:26	End of Session

AUG

AM Session

Plaintiff Witness(es)

2 Chapters

AUG

Recording Disclaimer: This proceeding was recorded in full.

Taylor Bean & Whitaker Plan Trust v. PricewaterhouseCoopers LLP

Summary

Outcome

Sessions

AudioCaseFiles

Essentials

Training Libraries

	Description	Attorney	Witness	Presence
00:00:00	General Case Activities
00:04:52	Witness Direct Examination	Thomas, Steven	Kelly, Wes	Video Recording
00:56:24	Break
01:10:21	Witness Direct Examination	Thomas, Steven	Kelly, Wes	Video Recording
02:21:15	Break
02:41:59	Witness Direct Examination	Thomas, Steven	Rivers, Phillip	Video Recording
03:37:29	End of Session