News

September 24, 2012

CommunityBank seeks repayment on $6M in loans

A bank has filed suit against the Beaumont man who it claims failed to repay the more than $6 million it lent to two corporations.

CommunityBank of Texas claims it lent American Crane, Rigging and Sling Consultants and U-Krane more than $3 million and $2 million, respectively. Defendant Walter S. Lewicki Jr. guaranteed repayment of the money, according to the complaint filed Aug. 16 in Jefferson County District Court.

Since then, both American Crane and U-Krane have filed for Chapter 11 bankruptcy, the suit states.

CommunityBank has attempted to collect the money from Lewicki, but he has refused to make the payments, the complaint says.

“Defendant’s guaranty obligations total $6,131,898.94 as of August 6, 2012, and interest continues to accrue, for all of which plaintiff sues defendant,” the suit states.

In addition to the money it says it is owed, CommunityBank is seeking pre- and post-judgment interest, attorney’s fees, costs and other relief the court deems just.

Glenn H. Steele Jr. of McPherson, Hughes, Bradley, Wimberley, Steele and Chatelain in Port Arthur will be representing it.

The case has been assigned to Judge Milton Shuffield, 136th District Court.

Case No. D192-888

setexasrecord.com


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