Southland Bank v. a & a Drywall Supply Co.

SMITH, Justice.

Southland Bank and Jimmy Adkinson, defendants below, appeal the trial court’s judgment on a jury verdict in favor of the plaintiffs, A & A Drywall Supply Company, Inc. (“A & A”), and Chadwick E. Anderson. We reverse the trial court’s judgment and render a judgment for Southland Bank and Adkinson.

Facts and Procedural History

Anderson was the president and sole shareholder of A & A. The company sold drywall and roofing and ceiling products to contractors and the general public. Anderson started the company in 1996 after having worked for his father, Glenn Anderson, who had also…