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Lanak & Hanna Prevails at Trial in Commercial Loan Case

By July 29, 2021July 30th, 2021No Comments
commercial loan trial

Lanak & Hanna trial lawyers Michael Murray and Thomas Padian have prevailed again in trial, this time in a breach of contract lawsuit between two business partners.  The client loaned money to a former employee to start his own business. The former employee failed to repay the loan. After Lanak & Hanna filed its lawsuit on behalf of its client, the former employee filed his own lawsuit and argued he had paid Lanak & Hanna’s client’s payroll and the client really owed him money. The defendant also argued that the money that client had given him was not a loan, but was really partial repayment of company payroll.

After a multi-day trial Mr. Murray and Mr. Padian prevailed on all aspects of both cases and obtained a sizeable judgment in favor of the client.

 

For more information please contact Michael Murray, mkmurray@lanak-hanna.com or Thomas Padian, tmpadian@lanak-hanna.com.

 

The information contained in this post has been prepared by Lanak & Hanna, P.C. for educational and informational purposes only. It does not constitute legal advice, nor does it substitute for legal advice.

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