Texas Justices To Weigh If Atty Liable For Faked $500K Check

By Michelle Casady (June 18, 2021, 8:57 PM EDT) -- The Texas Supreme Court on Friday granted review in a lawsuit asking it to decide whether an attorney who fell victim to a check-fraud scam is liable for $400,000 that his bank transferred to a third party in Japan.

The state's high court will be reviewing a First Court of Appeals panel's May 2019 split decision that Roy J. Elizondo III shouldn't be responsible for paying back the funds. The lower appellate court held 2-1 that while Elizondo breached his deposit agreement and Uniform Commercial Code transfer warranty by unknowingly depositing a counterfeit $496,850 check, Cadence Bank also breached its wire transfer...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!