Date: 08-27-2011

Case Style: Steve Rouse v. Texas Capital Bank, N.A.

Case Number: CJ-2010-0050

Judge: Jana Kay Wallas

Court: District Court, Choctaw County, Oklahoma

Plaintiff's Attorney: Doug Stall, Stall Law Firm, Tulsa, Oklahoma; Jim Branum, Newcastle, Oklahoma; Larry G. Ball and Seth A. Day

Defendant's Attorney: Colin G. Martin, Mike Calhoun, Tommy Davis, Ann Allsion, Nathan Clerk

Description: Steve Rouse sued Texas Capital Bank on a commercial tort theory. Plaintiff guaranteed a loan made by Defendant to TriCounty Autoplex. He later sold his interest in the company but was kept on the guarantee on the note. He claimed that the new owners began to engage in illegal activities. When the defaulted, Defendant demanded that Plaintiff pay what was due. Plaintiff claimed that the Bank knew that TriCounty Autoplex was acting inappropriately and did nothing.

The claims made and defenses asserted are not available.

Outcome: Plaintiff's verdict for $64.5 million.

Plaintiff's Experts:

Defendant's Experts:

Comments: