Wells Fargo claims a Beaumont man has transferred a substantial number of assets to his wife in an effort to evade payment of debt to the bank.
Wells Fargo Bank filed a lawsuit April 13 in Jefferson County District Court against Thomas W. and Denise Harrison.
In its complaint, Wells Fargo alleges it lent Thomas Harrison more than $9 million in promissory notes and guaranty agreements. According to financial statements provided to the bank, Thomas Harrison had sufficient wealth to repay the loans. However, Thomas Harrison later defaulted on the loans, according to the complaint.
In turn, Wells Fargo filed a complaint against Thomas Harrison in Jefferson County District Court. The bank received a judgment for more than $6 million, the current suit states.
However, Thomas Harrison continued to refuse to pay the money to the bank, the complaint says. In fact, in an effort to avoid payment, Thomas Harrison transferred assets to his wife, Wells Fargo claims.
Since then, Wells Fargo has attempted to serve Thomas Harrison with post-judgment interrogatories, but he has failed to return the documents, according to the complaint.
Wells Fargo alleges fraudulent transfer against Thomas Harrison.
It seeks a judicial determination that any transfers from Thomas Harrison to Denise Harrison be declared void. It also seeks an attachment of all assets Thomas Harrison transferred, attorneys' fees, costs and other relief the court deems just.
J. Michael Dorman and Jennifer Collard Wolf of Locke Lord in Houston will be representing Wells Fargo.
Judge Gary Sanderson, 60th District Court, has been assigned to the case.
Case No. B192-299