New Century Financial Wins Breach of Contract Case

Two lawsuits for New Century Financial, Inc., a Houston based factoring company, were recently tried. The first case, against construction giant CB&I Howe Baker, was a breach of contract case tried in front of Harris County District Judge Joseph “Tad” Halbach. Judge Halbach rendered a judgment awarding New Century 100% of its claimed damages, plus all of its attorney’s fees. The second case, another breach of contract case, was against Hisaw & Associates, General Contractors, a Dallas based construction company. The Dallas jury also awarded New Century its contract damages and all of its attorney’s fees.