Quantcast

SOUTHEAST TEXAS RECORD

Monday, September 30, 2024

David Dewhurst non-suited from suit alleging he defaulted on $6.1 million loan

Lawsuits

HOUSTON – David Dewhurst was recently non-suited from a lawsuit alleging he 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.

Court records show an order of nonsuit was filed on Sept. 11, dismissing all claims with prejudice.

Minion Trail was 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

ORGANIZATIONS IN THIS STORY

More News