Bair Chase Property Co. v. S & K Development Co.

OPINION

DIANE M. HENSON, Justice.

Appellants Bair Chase Property Company (“BCPC”), Kenneth A. Barfield, and Western Property Development Company (“Western Property”) (collectively, “Bair Chase”), appeal from a summary judgment granted in favor of S & K Development Company (“S & K”), as well as an award of attorney’s fees to S & K. S & K initially brought suit against Bair Chase to recover on a promissory note and guaranty agreement. In response, Bair Chase brought a counterclaim for usury, leading S & K to take corrective action under the Texas Finance Code. S & K then filed a traditional…