Texas Southern University v. State Street Bank & Trust Co.

OPINION ON REHEARING

GEORGE C. HANKS, JR., Justice.

Texas Southern University, appellant, and State Street Bank and Trust Company, appellee, both filed motions for rehearing. Having considered the motions and responses, the Court finds the motions to be without merit. The Court, however, withdraws its Opinion and judgment issued June 8, 2006 and issues the following in its stead.

CMS Virón Corporation and CMS Energy Resource Management Company (collectively “Virón”) and State Street Bank and Trust Company asserted numerous claims against one another and Texas *897Southern University (“TSU”) arising…