HOUSTON – Community Bank of Texas is suing former Lt. Gov. David Dewhurst, alleging he defaulted on a loan of $3.5 million.
The suit was filed Jan. 12 in Harris County District Court.
According to the lawsuit, the David Dewhurst Committee executed a promissory note of $3.5 million. As of Oct. 20, the outstanding balance is $3.5 million, plus interest of $162,555.56 and late fees of $1,567.71.
The bank is suing to recover the loan amount, interest and attorney's fees.
Community Bank is represented by Michael Smith, attorney for the Houston law firm Chernosky, Smith, Ressling & Smith.
Case No. 2021-01601