Facts

Our clients were sued for a $194,411.24 bank note and personal guaranty. Our clients counterclaimed on the basis that the bank had seized our clients’ business assets to satisfy the loan before clients had breached the loan agreement, and caused our clients’ business to end prematurely.

Result

Both sides agreed to take nothing on their claims, and the bank received no money from client as a result of the lawsuit.

Amount Client Received

n/a