In Re Argyll Equities, LLC
Texas Court of Appeals, 4th District (San Antonio)
1Opinion of the Court
OPINION
Opinion by
REBECCA SIMMONS, Justice.
Argyll Equities, LLC seeks a writ of mandamus to vacate the trial court’s order for a pre-judgment writ of attachment. Argyll argues the attachment order should be set aside because it is based on insufficient proof and lacks specific factual findings. We agree, and therefore, conditionally grant the writ.
Factual and Procedural Background
Argyll loaned funds to Servicios Directi-vos Servia S.A. de C.V. (“SDS”) under fourteen non-recourse loan agreements. As collateral, SDS pledged shares of its Grupo TMM S.A. (“TMM”) stock, which is publicly traded on…
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