Beadle v. Bonham State Bank

OPINION

BLEIL, Justice.

Raymond G. Beadle, individually and d/b/a The Blue Max, Blue Max and Blue Max, Inc.; RGB Investments, Inc.; Blue Max, Inc.; and Blue Max Racing, Inc. appeal from a declaratory judgment holding that Bonham State Bank is entitled to offset one subsisting judgment against another. The critical question on appeal is whether Bonham has a right to declaratory relief setting off mutual final judgments. We resolve this question in favor of appellants and reverse and render. We also determine that the trial court erred in overruling appellants’ motion to transfer venue to Dallas…