Nearly a dozen Dallas lawyers are representing two financial institutions – BB&T of North Carolina and Plano-based LNV Corp, which is a subsidiary of Beal Bank – fierce, five-year-long breach-of-contract litigation over $7.4 million. LNV claims that BB&T improperly settled a lawsuit involving distressed debt for far too little money. But so far, BB&T and its counsel at KRCL in Dallas are winning the legal battle.
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Dallas Lawyers Battle Banker Andy Beal & Plano Vulture Fund
Nearly a dozen Dallas lawyers are representing two financial institutions – BB&T of North Carolina and Plano-based LNV Corp, which is a subsidiary of Beal Bank – fierce, five-year-long breach-of-contract litigation over $7.4 million. LNV claims that BB&T improperly settled a lawsuit involving distressed debt for far too little money. But so far, BB&T and its counsel at KRCL in Dallas are winning the legal battle.