Legal Opinion

Max Duncan Family Investments, Ltd. v. NTFN INC.

Texas Court of Appeals, 5th District (Dallas)

Decided November 6, 2008No. 05-07-00430-CVPublishedCited by 9 opinions

1Opinion of the Court

OPINION

Opinion by

Justice RICHTER.

This case arises from misuse of corporate property to collateralize a personal real estate transaction. The trial court granted a traditional summary judgment in favor of the corporate property owners, Morningside Property Co. (“Morningside”) and NTFN Inc. (“NTFN”) and awarded attorney’s fees. In three issues, Max Duncan Family Investments, Ltd. (Duncan), the entity attempting to foreclose on the real estate lien, contends (1) Morningside and NTFN were not entitled to void the interested director transaction because the transaction fell within the exceptions…

2Cases cited16 opinions

  1. Nixon v. Mr. Property Management Co.Texas Supreme Court · 1985
  2. Cain v. BainTexas Supreme Court · 1986
  3. Carr v. BrasherTexas Supreme Court · 1989
  4. Bocquet v. HerringTexas Supreme Court · 1998
  5. Arthur Andersen & Co. v. Perry Equipment Corp.Texas Supreme Court · 1997

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3Cited by9 opinions

  1. I-10 Colony, Inc. v. Chao Kuan Lee, Li Yang Lee, Li Hsiang Chang, Texas Court of Appeals, 14th District (Houston)2012
  2. Guniganti v. Kalvakuntla, Texas Court of Appeals, 14th District (Houston)2011
  3. Jarvis, William C. and Cindy Jarvis v. K&E RE One, LLC Stewart Title Company Bayview Loan Servicing, LLC, Texas Court of Appeals, 5th District (Dallas)2012
  4. RR Maloan Investments, Inc. v. New HGE, Inc., Texas Court of Appeals, 14th District (Houston)2014
  5. Armstrong DLO Properties, LLC v. Todd A. Furniss and Heather E. Furniss, Texas Court of Appeals, 5th District (Dallas)2015

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