In Re Blackstone Claim Services, Inc. and Gary Pennington v. the State of Texas

CourtTexas Court of Appeals, 9th District (Beaumont)
DecidedJuly 9, 2026
Docket09-25-00185-CV
StatusPublished

This text of In Re Blackstone Claim Services, Inc. and Gary Pennington v. the State of Texas (In Re Blackstone Claim Services, Inc. and Gary Pennington v. the State of Texas) is published on Counsel Stack Legal Research, covering Texas Court of Appeals, 9th District (Beaumont) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re Blackstone Claim Services, Inc. and Gary Pennington v. the State of Texas, (Tex. Ct. App. 2026).

Opinions

In The

Court of Appeals

Ninth District of Texas at Beaumont

__________________

NO. 09-25-00185-CV __________________

IN RE BLACKSTONE CLAIM SERVICES, INC. AND GARY PENNINGTON

__________________________________________________________________

Original Proceeding 284th District Court of Montgomery County, Texas Trial Cause No. 24-06-09858 __________________________________________________________________

MEMORANDUM OPINION

Blackstone Claim Services, Inc. and Gary Pennington (collectively “Relators”

or “Plaintiffs”) petitioned for a writ of mandamus to compel the trial court (1) to

vacate an Order Denying Plaintiffs’ Motion for Leave to Designate Expert Twenty

Days Late, dated May 2, 2025, (2) to vacate an Order Denying Plaintiffs’ Verified

Motion for Abatement, or, Alternatively, Verified Motion for Continuance, dated

May 2, 2025, and (3) abate the case or grant a continuance. We stayed further

proceedings in the trial court and obtained a response from the Real Parties in

Interest, John Barkley and Barkley Law Group, Inc. We deny mandamus relief.

1 Background

Trial Cause Number 24-06-09858 is a suit for legal malpractice that

commenced in June 2024. Plaintiffs Blackstone and Pennington alleged Barkley,

who is a lawyer and an accountant, created a faulty incentive stock option plan that

did not qualify as a deferred compensation plan pursuant to section 409A of the

Internal Revenue Code because he undervalued the stock price. Plaintiffs further

alleged Barkley assisted James King, Blackstone’s Director of Operations, in

mismanaging Blackstone, usurping business opportunities, and preparing fraudulent

tax returns that severely undervalued the stock and showed an ownership interest by

King when King had not exercised his options or otherwise complied with the plan.

King sued Pennington in Bexar County for dissolution of Blackstone in July

2022. Pennington and Blackstone filed a counterclaim/third-party claim against

King for breach of fiduciary duty, fraud, tortious interference with contracts, and

conversion. In the Bexar County suit, King obtained a $2.5 million interlocutory

summary judgment against Blackstone for conversion of 40,000 shares of

Blackstone common stock. According to Relators, the Bexar County suit is still

pending.

In the Montgomery County suit, the trial court’s initial docket control order

(DCO) set an April 7, 2025 trial date. Under that DCO, Plaintiffs’ expert designation

date was November 7, 2024 and discovery closed January 7, 2025. The deadlines

2 were extended by agreement, making the expert designation date March 7, 2025 and

the close of discovery May 5, 2025, for a July 7, 2025, trial date.

Plaintiffs’ February 2025 Responses to Interrogatories stated that they were

seeking as damages “distributions Blackstone paid out to King as shareholder when

he was not a shareholder under the Plan[,]” “approximately $476,055.80, which is

the additional withholding taxes due to IRS from Blackstone due to section 409A

violations, not including interest and penalties[,]” “approximately $2,002,400 in the

difference in amount between what King paid for shares under his options and

amount King should have paid for Blackstone’s stock if options had been issued at

fair market value[,]” and “approximately $100,000 in attorney’s fees incurred in

litigation with King.”

The parties agreed to extend the deadline to designate experts to March 17,

2025. On March 17, 2025, Blackstone and Pennington filed their designation of

expert witnesses and rule 195.5 disclosures. Their retained experts included Kevin

George, Kimberley Ford, and “David B. Coffin, J.D. C.P.A. (pending formal

retention)[.]” As to the subject matter and general substance of the expert’s mental

impression and opinion and a brief summary of the basis for them, Plaintiffs

disclosed:

David B. Coffin is a lawyer and certified public accountant and retained legal expert regarding tax and accounting matters and is expected to testify regarding any aspect of Plaintiffs’ claims and legal theories for

3 which he is qualified to testify. Mr. Coffin earned his BBA in accounting and his law degree from the University of Oklahoma.

He is licensed to practice law and is a certified public accountant in Oklahoma and Texas. He is currently an adjunct professor at SMU Dedman School of Law in Dallas, Texas, teaching Federal Tax Practice and Procedure.

Before opening his firm in November of 2010, Mr. Coffin practiced as a Trial Attorney for more than 11 years with the Department of Justice Tax Division, where he represented the IRS in bankruptcy and federal district courts throughout Texas. His cases included several complex legal and factual corporate tax shelter cases. Mr. Coffin has also handled a wide range of cases dealing with the enforcement of federal tax liens including claims of fraudulent conveyances, nominee holders and jeopardy levies, and cases involving the Trust Fund Recovery Penalty assessment.

Mr. Coffin is expected to opine on tax-related matters, including that it is improper to back-date the Plan and or prepare fraudulent tax returns for Blackstone showing a fraudulent date for the grant of the stock options to King and Blackstone’s potential liability to the IRS in the amount of $476,055.80 due to a 409A violation.

Mr. Coffin’s opinions are expected to be based on his knowledge, education and experience, as well as his review of discovery from this case and the King litigation, including depositions.

For further response, please refer to Mr. Coffin’s written opinion, if one is provided, and his deposition, if and when taken, which are incorporated as if set forth verbatim herein.

On April 2, 2025, Blackstone and Pennington filed their First Amended

Designation of Expert Witnesses and Rule 195.5 Disclosures. They removed Coffin

and added Jason Freeman. With regard to the subject matter and general substance

4 of the expert’s mental impression and opinion and a brief summary of the basis for

them, Plaintiffs disclosed:

Jason Freeman is a lawyer, a certified public accountant, and retained legal expert regarding tax and accounting matters and is expected to testify regarding any aspect of Plaintiffs’ claims and legal theories for which he is qualified to testify.

Mr. Freeman earned his B.B.A., M.P.A., in accounting, and his law degree from the University of Texas. He is licensed to practice law in Texas, the United State[s] Tax Court, the United States Supreme Court, the United State[s] Court of Appeals, Third and Seventh Circuits, the United States District Court for the Western, Northern, Eastern, and Southern District of Texas, and the United States District Court for the Northern District of Illinois. He currently serves on the law school faculty at SMU Dedman School of Law in Dallas, Texas, teaching Federal Income Taxation.

His background included complex business disputes with a focus on federal and state tax controversies, as well as white-collar and financial disputes. He has handled IRS audits, complex financial and other regulatory matters as well as being experienced in fraud, breach of fiduciary duty, civil RICO, negligence, partnership disputes, breach of contract, and other matters.

Mr.

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In Re Blackstone Claim Services, Inc. and Gary Pennington v. the State of Texas, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-blackstone-claim-services-inc-and-gary-pennington-v-the-state-of-txctapp9-2026.