The attorney defending Mike Cox of Lubbock – co-owner of embattled Ferrum Capital – said Wednesday he was limited in defending Cox in bankruptcy court because Cox had used his Fifth Amendment right to remain silent numerous times during recent legal proceedings.
“As has been mentioned here, there is a criminal investigation that is ongoing. Mr. Cox has plead the Fifth on numerous occasions based on the advice of his criminal counsel,” said Sam Gregory, Cox’s bankruptcy attorney.
“They are very cautious about him testifying and or agreeing to anything in this case. My hands are somewhat tied in my ability to defend him,” Gregory said about the bankruptcy case…