Wells Fargo Can’t Shed Claims In $101M Construction Loan Suit

Law360, New York (November 1, 2012, 4:13 PM EDT) -- A Texas federal judge on Wednesday denied Wells Fargo Bank NA's motion to dismiss counterclaims in one of three soon-to-be-consolidated suits lodged against a developer and its guarantors over $101.4 million in unpaid construction loans, but approved its motion to stay discovery.

Denying the dismissal motion without prejudice, U.S. District Judge Sam A. Lindsay ordered Wells Fargo to file a new complaint by Nov. 21 consolidating three suits it has lodged at Carbon Thompson Development LLC  and its various affiliates over defaulting on the loans so...
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Case Information

Case Title

Wells Fargo Bank NA v. CTD Moorefield Retail, LLC et al


Case Number

3:12-cv-01219

Court

Texas Northern

Nature of Suit

Contract: Recovery/Enforcement

Judge

Sam A Lindsay

Date Filed

April 20, 2012


Case Title

Wells Fargo Bank NA v. CTD Offsite LLC


Case Number

3:12-cv-01220

Court

Texas Northern

Nature of Suit

Contract: Other

Judge

Sam A Lindsay

Date Filed

April 20, 2012


Case Title

Wells Fargo Bank, N.A. v. CTD Moorefield Retail, LLC


Case Number

3:12-cv-04042

Court

Texas Northern

Nature of Suit

Contract: Other

Judge

Sam A Lindsay

Date Filed

October 10, 2012

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