Counsel Financial Services, L.L.C. v. Leibowitz

OPINION

Opinion by:

KAREN ANGELINI, Justice.

The issue in this appeal is whether the Craddock motion for new trial standard relating to default judgments applies to proceedings under the Uniform Enforcement of Foreign Judgments Act. We hold that it does not.

Background

Appellant Counsel Financial Services, L.L.C. (“CFS”) provides case financing for attorneys. In 2004, CFS and David McQuade Leibowitz, P.C. entered into a loan agreement whereby CFS lent the professional corporation over $4.5 million. In September 2007, CFS and the professional coi’poration entered into a Fourth Amended and Restated…