Southwest Business Corporation Secures Multi-Million Dollar Settlement from American Home Shield
Jan 30, 2009
Southwest Business Corporation ("SWBC") has settled a commercial dispute over the payment of commissions it alleges it was owed by American Home Shield. SWBC sued AHS after the latter terminated a brokerage contract under which SWBC had marketed AHS's home warranty products, and after AHS refused to pay SWBC additional commissions it believed due under the contract. SWBC retained David Prichard and the San Antonio firm of Prichard, Hawkins, McFarland & Young to bring suit against AHS for breach of the contract. AHS, represented by the Houston office of Beck, Redden & Secrest, initially offered $20,000.00 for the claim, but ultimately agreed to pay SWBC $2.5 million in settlement.