Unitrust, Inc. v. Jet Fleet Corp.

AKIN, Justice.

' This is an appeal by Unitrust, Inc. from an order dismissing with prejudice its cause of action against Jet Fleet Corporation, a Texas Corporation, and Charles Andrew. Unitrust had sued Jet Fleet and Andrew for negligence resulting in hull damage to an aircraft, loss of use of the aircraft, and diminution in its value. United States Aviation Underwriters, managers for Uni-trust’s insurer, intervened with respect to its rights under a loan receipt agreement seeking tc recover $249,000 expended on repairs to the aircraft. The apparent basis for the trial court’s dismissal of the…