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Banking
Breach of Contract
Promissory Notes

Habib American Bank v. Himanshu Narendra Raval dba T&I Mini-Market

Published: Feb. 2, 2008 | Result Date: Jul. 18, 2007 | Filing Date: Jan. 1, 1900 |

Case number: BC342276 Bench Decision –  $250,000

Court

L.A. Superior Central


Attorneys

Plaintiff

David K. Eldan
(Office of the Attorney General, California)


Defendant

Lisa F. Rosenthal


Facts

Plaintiff Habib American Bank loaned defendant, Himanshu Narendra Raval dba T&I Mini-Market, a gas station and mini-mart, $250,000.

The plaintiff alleged that defendant defaulted on the loan amount.

The defendant denied ever receiving the loan proceeds.

Damages

The plaintiff sought the $250,00 in principal, plus interest and attorney fees.

Result

After a bench trial, Judge Edward Ferns awarded plaintiff $250,000 in principal, plus interest and attorney fees.

Other Information

Defendant has appealed.


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