2016 Clay Partners – FG Deerwood Glen, LP v. The Flexitallic Group SAS and Flexitallic, LP
In the 157th Judicial District Court of Harris County, Texas, Judge Randy Wilson presiding. DLJ represented Clay Partners against Flexitallic for anticipatory repudiation of a commercial build-to-suit lease and to enforce a guaranty of the lease. Defendants vigorously asserted various defenses and counterclaims. After a bench trial and substantial post-trial briefing, the Court found that Defendants breached the lease and guaranty and awarded Clay Partners damages in the amount of $9,600,000, all of Clay Partners’ attorneys’ fees through trial in the amount of $1,350,472.50, and pre-judgment interest of $135,452.21.