News, Events, and Case Developments at Fryar Law Firm, P.C. -- A Houston, Texas law firm dedicated to protecting the rights of shareholders and business owners and fighting shareholder oppression.
Saturday, February 26, 2011
Fryar Law Firm Achieves Settlement in Messer v. Hartman
On January 26, 2011, Fryar Law Firm achieved a settlement of all claims of behalf of its client in Messer v. Hartman Income REIT, No. DC-09-15724-B, in the 44th District Court, Dallas County, Texas. This was a breach of contract commercial dispute in which Fryar Law Firm represented the defendant. The case arose out of a real estate development project, which had to be shut down because of a massive fraud perpetrated by the promoter. The plaintiff was the general contractor on the project, which sued for over $500,000 on the terminated contract and additional claims totalling almost $1 million. Fryar Law Firm defended the action and filed a counterclaim based on the plaintiff's apparent complicity in the fraud. Ultimately, Fryar Law Firm was able to obtain a complete settlement of the action for $150,000.