After trial this week, Jim Haszard won a judgment for City Bank against Dean Hoag, Jr. in the amount of $335,000. Hoag had signed for loans on behalf of his company, Professional Title & Escrow Company, which went out of business in 2010 without paying off its loans to City Bank.
The judge determined that the evidence presented by City Bank was persuasive that the amount was owed and awarded judgment to the bank without submitting the case to a jury. The amount awarded by the judge was the full amount sought by the bank.
to see a full article by the Lincoln Journal Star on this case.