Island Recreational Development Corp. v. Republic of Texas Savings Ass'n
Texas Supreme Court
1Opinion of the Court
ON MOTION FOR REHEARING
WALLACE, Justice.
We grant the motion for rehearing, withdraw the opinion and judgment of July 3, 1985, and substitute this opinion.
Island Recreational Development Corporation and Sea Cabins, Inc. (Island) sued Republic Bank of Texas Savings Association and Bankers Capital Corporation (Republic) for breach of contract in failing to comply with its obligations under a loan commitment letter. The trial court rendered judgment for Island for $667,882.87 in actual damages and $52,500 in attorneys’ fees. The court of appeals reversed the judgment of the trial court and…
2Cases cited12 opinions
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