Sebastian v. Durant

2025 Tex. Bus. 4

The Business Court of Texas Eleventh Division TIFFANY LYNN SEBASTIAN and § MICHAEL JEFFREY SEBASTIAN, § INDIVIDUALLY and § DERIVATIVELY ON BEHALF OF § THE CLASSIC DEALERSHIPS and § 16835 CADET PARTNERS, LLC, § Plaintiffs, § v. § Cause No. 25-BC11A-0001 § T. BENTLY DURANT, THOMAS R. § DURANT, THE DURANT CLASSIC § DYNASTY TRUST, MICHAEL A. § WARD, 8100 PARTNERS, LTD., § 8100 MANAGEMENT LLC, 8705 § PARTNERS, LTD., and 8705 § MANAGEMENT LLC, § Defendants. ═══════════════════════════════════════ SYLLABUS 1 ═══════════════════════════════════════ This opinion concludes that, under…