Six years into litigation and Hampton turns a pivotal corner

NEW ORLEANS, LA  The United States Fifth Circuit Court of Appeals issued its mandate today vacating an injunction issued by Judge Lee Yeakel that prevented Laura Hampton from pursuing her claims in Texas state court. Her claims were originally set for trial in June 2016, but at the request of Defendant, Equity Trust Company, Judge Yeakel issued an injunction barring that trial. Hampton appealed. The Fifth Circuit reversed that […]

Judgment supports fraud finding and bulk of December 2017 jury verdict

DALLAS – A Dallas judge has entered a significant judgment against BBVA Compass Bank and one of its executives in a ruling that upholds the majority of a December 2017 jury verdict against BBVA Compass Bank for fraud during loan renewal and modification negotiations with the developer of three northeast Tarrant County subdivisions.

The June 27 judgment by Dallas County State District Court Judge Staci Williams preserves all but one portion of […]

Litigator of the Week: Decatur Lawyer Hits Compass Bank With Large Fraud Verdict

Derrick Boyd’s client had a problem: he’d borrowed money for real estate developments that he couldn’t pay back. But that didn’t stop the Decatur lawyer from convincing a Dallas jury recently that Compass Bank had committed bank fraud against the client.

Read the full article on Texas Lawyer (subscription required).

Jury finds bank misled developer on loan modifications, sold debt to competitor

DALLAS – A Dallas jury returned a substantial verdict against BBVA Compass after finding that the bank and one of its executives committed fraud during loan renewal and modification negotiations with the developer of three luxury subdivisions in northeast Tarrant County.

Jurors deliberated for three hours before reaching the unanimous verdict on Dec. 13 for developer David Bagwell and partnerships he formed to build the Broughton, Whittier Heights, and Old Grove […]