2016 Cadence Bank f/k/a Encore Bank v. Allen L. Berry, et al
In the 152nd Judicial District Court of Harris County, Texas, Judge Robert Schaffer presiding. DLJ represented Cadence Bank in an action against Allen L. Berry, Joseph D. McCord, and Robert G. Taylor, II, to enforce a guaranty of a $3.6 million loan. Defendants asserted various counterclaims and vigorously contested the lawsuit. After discovery, Judge Schaffer granted final summary judgment in Cadence’s favor. DLJ successfully defended the summary judgment on appeal to the First Court of Appeals and the Texas Supreme Court. After appeal, Defendants paid Cadence the outstanding principal balance on the loan, as well as interest and all of Cadence’s attorney’s fees.