Legal Opinion

Arthur Andersen & Co. v. Perry Equipment Corp..

Texas Court of Appeals, 1st District (Houston)

Decided February 16, 1995No. 01-93-01104-CVPublishedCited by 4 opinions

1Opinion of the Court

OPINION

MIRABAL, Justice.

This is an appeal from a judgment on a jury verdict in a malpractice, fraud, and deceptive trade practices case. The jury awarded the plaintiff, Perry Equipment Corporation (PECO), $9,297,601 against the de fendant, Arthur Andersen & Co. (Arthur Andersen). The parties perfected separate appeals, which are considered together. We affirm.

It is uncontested that on August 23, 1985, PECO purchased Maloney Pipeline Systems, Inc. (Maloney Pipeline) from Ramteck II, Inc. (Ramteck II), for $4,088,237. 1 The acquisition was accomplished through a stock purchase. As a condition…

2Cases cited30 opinions

  1. Stewart Title Guaranty Co. v. SterlingTexas Supreme Court · 1992
  2. Cameron v. Terrell & Garrett, Inc.Texas Supreme Court · 1981
  3. Cavnar v. Quality Control Parking, Inc.Texas Supreme Court · 1985
  4. Black Lake Pipe Line Co. v. Union Construction Co.Texas Supreme Court · 1976
  5. Melody Home Manufacturing Co. v. BarnesTexas Supreme Court · 1987

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3Cited by4 opinions

  1. Arthur Andersen & Co. v. Perry Equipment Corp.Texas Supreme Court · 1997
  2. Peter Fazio, Shari Fazio, and Eric Fazio v. Cypress/GR Houston I, L. P. Cypress/GR Houston, Inc. And Cypress Equities, Inc., Texas Court of Appeals, 1st District (Houston)2013
  3. American Zurich Insurance Company v. Daniel Samudio, Texas Court of Appeals, 1st District (Houston)2015
  4. Peter Fazio, Shari Fazio, and Eric Fazio v. Cypress/GR Houston I, L. P. Cypress/GR Houston, Inc. And Cypress Equities, Inc., Texas Court of Appeals, 1st District (Houston)2013

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