Counsel Financial Services, L.L.C. v. David McQuade Leibowitz and David McQuade Leibowitz, P.C.

CourtCourt of Appeals of Texas
DecidedJuly 1, 2011
Docket13-10-00200-CV
StatusPublished

This text of Counsel Financial Services, L.L.C. v. David McQuade Leibowitz and David McQuade Leibowitz, P.C. (Counsel Financial Services, L.L.C. v. David McQuade Leibowitz and David McQuade Leibowitz, P.C.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Counsel Financial Services, L.L.C. v. David McQuade Leibowitz and David McQuade Leibowitz, P.C., (Tex. Ct. App. 2011).

Opinion

                                       NUMBER 13-10-00200-CV

                                        COURT OF APPEALS

                     THIRTEENTH DISTRICT OF TEXAS

                         CORPUS CHRISTI - EDINBURG

COUNSEL FINANCIAL SERVICES, L.L.C.,                              Appellant,

v.

DAVID McQUADE LEIBOWITZ

AND DAVID McQUADE LEIBOWITZ, P.C.,                           Appellees.

On appeal from the 370th District Court

of Hidalgo County, Texas.

MEMORANDUM OPINION

Before Chief Justice Valdez and Justices Rodriguez and Benavides[1]

                      Memorandum Opinion by Justice Benavides

            Through this appeal, Counsel Financial Services, L.L.C. (“Counsel Financial”) seeks to set aside an order granting a temporary injunction which prevents it from, inter alia, instituting legal proceedings to enforce a security agreement and collecting on a judgment in its favor.  We reverse and remand.[2]

I.  Background

            Counsel Financial loaned the law firm of David McQuade Leibowitz, P.C. more than five million dollars.  The loan was secured by David McQuade Leibowitz, P.C. and David McQuade Leibowitz individually (collectively “Leibowitz”).  The promissory note evidencing the loan was secured by a security agreement and a guaranty executed by Leibowitz in his individual capacity.  The note and security agreement were modified several times by the agreement of the parties over the course of several years.  These documents provided Counsel Financial with a security interest in Leibowitz’s legal fees,[3] accounts, and intangibles in the event of a default under the loan. 

Leibowitz failed to make payments due under the loan, and Counsel Financial brought suit against Leibowitz in cause number 12008–010002 in the Supreme Court of the State of New York, in and for the County of Erie, styled Counsel Financial Services, LLC, v. David McQuade Leibowitz, P.C. et al., for non-payment of the note and the guaranty.  Following several trial court hearings, Counsel Financial obtained a summary judgment against Leibowitz in the amount of $5,506,180.96.[4]  In the New York court system, Leibowitz unsuccessfully appealed the judgment. 

On December 2, 2008, Counsel Financial filed an authenticated copy of the New York judgment in state district court in Bexar County, Texas.  On December 29, 2008, Leibowitz filed a motion for relief from enforcement of foreign judgment, arguing that the trial court should apply the Craddock standard for motions for new trial with regard to the domestication of foreign judgments.  See Craddock v. Sunshine Bus Lines, Inc., 134 Tex. 388, 133 S.W.2d 124, 126 (1939) (holding that a default judgment should be set aside and a new trial granted if:  (1) the failure to answer or appear at trial was not intentional or the result of conscious indifference but was due to a mistake or accident; (2) the defendant sets up a meritorious defense; and (3) the motion is filed at such time that granting a new trial would not result in delay or otherwise injure the plaintiff).  On January 30, 2009, the trial court granted Leibowitz’s motion and refused to enforce the New York judgment. 

Counsel Financial appealed that determination.  The San Antonio Court of Appeals held that the Craddock motion for new trial standard relating to default judgments does not apply to proceedings under the Uniform Enforcement of Foreign Judgments Act.  Counsel Financial Services, L.L.C., v. Leibowitz, P.C., 31 S.W.3d 45, 47 (Tex. App.—San Antonio 2010, pet. denied).  The court reversed and rendered judgment that the New York judgment is entitled to full faith and credit and is fully enforceable in Texas.  Id. at 57.  The Texas Supreme Court denied the petition for review of this cause on August 20, 2010 and further denied rehearing on October 15, 2010.

In separate proceedings which underlie this appeal, Leibowitz represented Maria Alma Anzaldua in a personal injury lawsuit against Kmart Corporation (“Kmart”) in the 370th District Court of Hidalgo County.  Upon learning that Anzaldua and Kmart had reached a settlement, Counsel Financial filed a plea in intervention on the grounds that Leibowitz had refused to pay the New York debt and judgment.  Counsel Financial sought “an order from the Court directing all Parties to pay directly to [Counsel Financial] all funds (up to the amount of CFS’s lien) to which Leibowitz and the Law Firm may be entitled to as a result of this case and the settlement.”  In its intervention, Counsel Financial expressly stated that it “does not seek to disturb the proposed settlement agreement in the Lawsuit” and, likewise, “does not seek to disturb the rights of Plaintiff to receive the portion of the settlement that is rightfully hers, or the release of Defendant from the Lawsuit.” 

On October 9, 2009, Leibowitz also intervened in the Hidalgo County suit and asserted claims for affirmative relief against Counsel Financial, including claims for declaratory and temporary injunctive relief and damage claims for tortious interference and business disparagement.  By his first amended pleading, Leibowitz sought an anti-suit injunction and an anti-execution injunction attempting to restrain Counsel Financial from enforcing the domesticated judgment or the security agreement.  According to Leibowitz’s pleadings, Counsel Financial claimed that it was entitled to Leibowitz’s portion of the settlement funds based either on “a foreign default judgment which is not now enforceable under Texas law, or a Security Agreement which [Counsel Financial] has itself breached.”

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Counsel Financial Services, L.L.C. v. David McQuade Leibowitz and David McQuade Leibowitz, P.C., Counsel Stack Legal Research, https://law.counselstack.com/opinion/counsel-financial-services-llc-v-david-mcquade-lei-texapp-2011.