In an article for the Dallas Bar Association's publication, Headnotes, Partners Eric Hail and Ted Huffman wrote about specific laws and procedures that apply to litigation involving banks in Texas. Eric and Ted cover the process of serving a bank with a lawsuit, the unique protocol for discovery of bank records and liability protections for bank officials. The article also warns about the criminal consequences of making false statements about a bank's financial condition. The article is intended to serve as a primer for general practitioners who may not be familiar with these specialized laws and procedures.
Eric heads Katten's Consumer Finance Litigation and Regulatory Compliance practice. Ted regularly litigates matters involving banks and consumer finance companies.