HOUSTON – David Dewhurst allegedly owes more than $6.45 million on a promissory note.
Alleging breach of contract, Minion Trail filed suit against the former lt. governor on Aug. 11 in Harris County District Court.
According to the lawsuit, on Aug. 28, 2018 Minion Trial loaned $6.1 million to Falcon Seaboard Diversified, a Texas corporation controlled by Dewhurst. As a condition, Minion Trail required the guaranty of Dewhurst – a condition he agreed to.
Falcon Seaboard defaulted on the promissory note on March 31, 2020. The outstanding principal and interest due exceeds $6.45 million.
Minion Trail is seeking money damages, court costs and attorney’s fees.
The company is represented by A. Randall Friday, attorney for the Crady Jewett McCulley & Houren law firm in Houston.
Case No. 2020-47891