Legal Opinion
Ashford Development, Inc. v. USLife Real Estate Services Corp.
Texas Supreme Court
Decided December 7, 1983No. C-2039PublishedCited by 109 opinions
1Opinion of the Court
KILGARLIN, Justice.
This case involves a dispute over the construction of a loan commitment agreement between a developer, a loan broker, and an agent for a potential lender. Petitioner, Ashford Development, Inc., wanted to build an office/warehouse complex on a tract of land in the northwest part of the city of Houston, but it needed a loan commitment for interim financing before the project could be commenced. Ashford contacted a mortgage broker, Carruth Mortgage Corp., and agreed to pay Carruth 1% of the loan commitment if Carruth could find a lender of money. Carruth contacted the other…
2Cases cited6 opinions
- United Concrete Pipe Corp. v. Spin-Line Co.Texas Supreme Court · 1968
- France v. American Indemnity Co.Texas Supreme Court · 1983
- Dura-Wood Treating Company, Division of Roy O. Martin Lumber Company, Inc., Cross-Appellant v. Century Forest Industries, Inc., Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1982
- Coleman v. Hughes Blanton, Inc.Court of Appeals of Texas · 1980
- Martin Weiss Co. v. SchwartzCourt of Appeals of Texas · 1927
1 more not listed; retrieve them via the Exa API.
3Cited by109 opinions
- Tony Gullo Motors I, L.P. and Brien Garcia v. Nury ChapaTexas Supreme Court · 2006
- La Sara Grain Co. v. First National Bank of MercedesTexas Supreme Court · 1984
- Crawford v. Ace Sign, Inc.Texas Supreme Court · 1996
- Chilton Insurance Co. v. Pate & Pate Enterprises, Inc., Texas Court of Appeals, 4th District (San Antonio)1996
- Brooks, Tarlton, Gilbert, Douglas & Kressler, Etc., Cross-Appellants v. United States Fire Insurance Company, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1987
104 more not listed; retrieve them via the Exa API.