Deans & Lyons Wins Take-Nothing Verdict in Texas Commercial Loan Dispute

SAN ANTONIO, Dec. 8, 2014 /PRNewswire/ -- Attorneys Robert A. "Bobby" McNiel and Kathleen Kilanowski of the Dallas-based law firm of Deans & Lyons, LLP have won a take-nothing verdict in Bexar County District Court for three Florida men who faced damages claims totaling more than $3.4 million as part of a commercial loan dispute.

In the lawsuit, SW Loan A, L.P., an affiliate of Greenwich, Conn.-based private investment firm Starwood Capital Group, alleged that the three men failed to honor their obligations in guaranteeing a $10 million loan secured by a San Antonio apartment complex.

On Dec. 3, a 12-member jury in Judge John D. Gabriel's 131st State District Court in San Antonio returned a unanimous verdict in favor of the defendants following a relatively short deliberation, and awarded attorneys' fees to them.

"The jury heard evidence that challenged whether SW Loan was the lawful holder of the loan, which had allegedly been assigned from the original lender, and that SW Loan failed to sufficiently prove damages based on the loan's terms and conditions," says Mr. McNiel. "This case shows that jurors can properly evaluate even highly detailed financial information and come to the right conclusion based upon the evidence presented."

Mr. McNiel focuses his practice on representing both plaintiffs and defendants in complex commercial litigation, real estate and construction disputes. He was assisted in the case by Ms. Kilanowski, who represents clients in the same areas.

The case is SW Loan A, L.P. v. Anibal J. Duarte-Viera, et al, No. 2012-CI-12742.

Deans & Lyons, LLP, has offices in Dallas and Houston and maintains a reputation as one of the state's premier trial law firms. Its lawyers routinely handle high-stakes cases of all kinds, including business disputes, intellectual property, products liability, personal injury, wrongful death, real estate, securities, and construction cases. To learn more, visit http://www.deanslyons.com.

For more information on Deans & Lyons and the verdict, please contact Barry Pound at 800-559-4534 or [email protected].

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/deans--lyons-wins-take-nothing-verdict-in-texas-commercial-loan-dispute-300006260.html

SOURCE Deans & Lyons, LLP

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