Legal Opinion

Briercroft Savings & Loan Ass'n v. Foster Financial Corp.

Court of Appeals of Texas

Decided February 19, 1976No. 4861PublishedCited by 11 opinions

1Opinion of the Court

RALEIGH BROWN, Justice.

Foster Financial Corporation sued Brier-croft Savings and Loan Association for contractual damages allegedly sustained as a result of Briercroft’s failure to fund a loan after making a commitment to William Lee Folse. Foster made an interim loan of $225,000 to Lee Folse Properties, corporate nominee of William Lee Folse. It alleged the loan was based on a conditional loan commitment letter from Briercroft to Folse; .that before making the loan it communicated with Briercroft and received certain writings concerning the commitment letter. Following a jury verdict, the…

2Cases cited21 opinions

  1. City of Pinehurst v. Spooner Addition Water Co.Texas Supreme Court · 1968
  2. " MOORE" BURGER, INC. v. Phillips Petroleum CompanyTexas Supreme Court · 1972
  3. Citizens National Bank v. Texas & Pacific Railway Co.Texas Supreme Court · 1941
  4. Woods v. SimsTexas Supreme Court · 1954
  5. Spence & Howe Construction Co. v. Gulf Oil Corp.Texas Supreme Court · 1963

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

3Cited by11 opinions

  1. MJR Corp. v. B & B VENDING CO., Texas Court of Appeals, 5th District (Dallas)1988
  2. Fretz Construction Co. v. Southern National Bank of HoustonTexas Supreme Court · 1982
  3. Boy Scouts of America v. Responsive Terminal Systems, Inc., Texas Court of Appeals, 5th District (Dallas)1990
  4. Dr. Larry Cunningham, and Dental Leasing, Inc. v. Healthco, Inc.Court of Appeals for the Fifth Circuit · 1987
  5. Kenney v. PorterCourt of Appeals of Texas · 1980

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

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