Kara D. Grimes

Practice Areas

Complex Business Litigation

About Kara

 

Kara Grimes is exceptionally experienced as the head of Sumner Law’s Transactional Law division. Ms. Grimes also has extensive experience in the area of Complex Business Litigation and is well-versed in a wide range of commercial industry verticals.

Ms. Grimes has 17 years of experience representing businesses and individuals in a wide range of complex commercial matters with a focus on information technology. Clients consistently recognize and appreciate Ms. Grimes’ keen ability to ensure that transactions are complete, thorough, enforceable, and optimal for her clients. Her litigation background gives her a unique perspective and distinct advantage in drafting and negotiating agreements and providing general counsel advice in transactional matters. Her comprehensive knowledge of the IT, financial services, and real estate industries is instrumental in guiding clients through the applicable legal and regulatory frameworks, and she provides expert advice to help navigate unique challenges within the digital business landscape.

Ms. Grimes has also represented lenders, financial institutions, real estate investment trusts, and other businesses and individuals in a wide array of disputes in both state and federal courts involving:

  • Loan enforcement and collection
  • Foreclosures
  • Workouts
  • Multi-family housing projects
  • Lender-liability claims
  • Real estate and landlord/tenant matters
  • Trusts

She has both undergraduate and master’s degrees in business and worked in the business world prior to attending law school. Ms. Grimes’ background and experience in business provide her with valuable insight into her clients’ operations, needs, and challenges, and her unwavering commitment to exceeding client expectations makes her an integral part of Sumner Schick.

 

Experience

  • Represented businesses and individuals in civil disputes involving financial services (loan enforcement and collection, foreclosures, workouts, and “lender liability”), real estate (property management, landlord/tenant, and default resolution), trusts, and various other matters concerning contract and business tort issues
  • Represented bond issuers, underwriters, and trustees on various multimillion dollar public finance transactions
  • Provided general advice to clients on risk assessment, mitigation, and avoidance and law practice management
  • Served as an Assistant District Attorney and prosecuted numerous misdemeanor cases as part of the Dallas County Lawyer on Loan Program (April 2012 – June 2012)

Credentials

Education

  • Baylor University (BBA)
  • University of Texas at Dallas (MBA)
  • SMU Dedman School of Law (JD, cum laude, 2005)
    • Dean’s List
    • Editor-In-Chief of SMU Law Review Association’s Journal of Air Law and Commerce
    • Barristers
    • Awarded “Best Brief” in Legal Research and Writing class
    • University of Oxford Summer Program

Bar Admissions

  • Texas

Court Admissions

  • Court of Appeals, Seventh District of Texas
  • U.S. District Court, Eastern, Texas
  • U.S. District Court, Northern, Texas