Deans & Lyons LLP Attorneys Recover Over $2.1 million For Homeowners On Commercial Construction Case Involving Denton County Townhome Development In Carrollton, Texas

DALLAS, May 24, 2013 /PRNewswire/ -- Michael P. Lyons, Robert A. McNiel, and Robert J. Bogdanowicz of the Dallas, Texas based law firm Deans & Lyons, LLP have successfully concluded the aggressive pursuit of claims on behalf of multiple townhome owners in Denton County, Texas, in a complex commercial construction dispute.  In a settlement accomplished prior to trial, Deans & Lyons reached a combined settlement of the case for more than $2.1 million in connection with alleged construction defects and damages related to the construction and sale of townhomes in the Shops of Prestonwood Subdivision in Carrollton, Texas. 

The lawsuit began as a simple payment dispute between a subcontractor, Universal Forest Products, Inc. (NASDAQ UFPI), and general contractor, Parkway Builders, LLC.  It eventually evolved, mushrooming into large, multi-party complex construction defect dispute that included allegations for violations of the Racketeer Influenced and Corrupt Organizations Act ("RICO").  Deans & Lyons asserted claims on behalf of multiple townhome owners against the builder and general contractor (along with its related entities and individuals), subcontractors, a title company, and title agent, alleging the existence of claims for breach of contract, construction defects, common law fraud, statutory fraud in a real estate transaction, and breach of fiduciary duty.

The construction lawyers of Deans & Lyons have significant experience representing owners, developers, general contractors, subcontractors, suppliers, materialmen, architects, engineers, and sureties in cases involving a full range of construction litigation matters, including construction payment disputes, mechanic's lien prosecution or defense, surety bond claims, construction defects, design defects, water infiltration and/or cases involving structural and/or foundation failures, construction trust fund disputes and DTPA and common law fraud cases.  Homeowners, individuals, small businesses or large corporations in need of assistance in construction related disputes should contact the law firm of Deans & Lyons, LLP toll free at 877-819-8033 or by contacting one of our construction attorneys:  Michael P. Lyons at [email protected]; Robert A. McNiel [email protected]; Robert J. Bogdanowicz [email protected]; or Gregory L. Deans [email protected]. 

SOURCE Deans & Lyons LLP

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