Material Partnerships, Inc. v. Ventura

*255MAJORITY OPINION

JOHN S. ANDERSON, Justice.

Appellant Material Partnerships, Inc. (“MPI”) originally sued Sacos Tubulares del Centro, S.A. de C.V. (“Sacos”), a Mexican corporation, claiming Sacos owed MPI over $900,000 for materials MPI delivered to Sacos on an open account. MPI subsequently amended its petition to allege that appellee, Jorge Lopez Ventura (“Lopez”) was individually hable for the corporate debt under the terms of a personal guaranty.1 Following a bench trial, the district court rendered a default judgment in the amount of $962,139.79, plus interest and attorney’s fees, in favor…