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Legal Opinion

Allen v. Great Liberty Life Insurance Company

Court of Appeals of Texas

Decided March 14, 1975No. 4740PublishedCited by 12 opinions

1Opinion of the Court

McCLOUD, Chief Justice.

This is a fiduciary relationship case involving the validity of a transaction between a corporation and its president.

Plaintiff, Tom I. McFarling, Liquidator-Receiver for the Liquidation Division of the State Board of Insurance and Temporary Receiver of Great Liberty Life Insurance Company, a Texas corporation, sued defendants, George L. Allen and wife, Norma F. Allen, seeking cancellation of a release executed by Great Liberty discharging a $60,000 note and deed of trust executed by defendants in favor of Great Liberty.

Based on jury findings the trial court entered…

2Cases cited11 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. International Bankers Life Insurance Co. v. HollowayTexas Supreme Court · 1963
  3. Stephens County Museum, Inc. v. SwensonTexas Supreme Court · 1974
  4. McCamant v. RobertsTexas Supreme Court · 1886
  5. Popperman v. Rest Haven Cemetery, Inc.Texas Supreme Court · 1961

6 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. Bohn v. JohnsonNorth Dakota Supreme Court · 1985
  2. Ivey Hugh Rutherford v. Exxon Company, U.S.A.Court of Appeals for the Fifth Circuit · 1988
  3. Moore v. Texas Bank and Trust Co.Court of Appeals of Texas · 1979
  4. Childress v. Dairyland County Mutual Insurance Co.Court of Appeals of Texas · 1982
  5. Estate of Allen v. CommissionerUnited States Tax Court · 1982

7 more not listed; retrieve them via the Exa API.

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