First Bank v. DTSG, LTD. and Richard Brumitt

OPINION

Kem Thompson Frost, Chief Justice

In this lender-liability case, a company that sought to purchase the stock of another company sued a bank alleging the bank failed to provide promised financing for a stock-purchase transaction. ' Both the company and the owner of the stock asserted various claims against the bank. The jury answered liability and damages questions in favor of the company and the stockowner based on each claimant’s breach-of-contract and negligent-misrepresentation claims, and the trial court rendered judgment on the jury’s verdict. On appeal, we conclude that (1) the…