Peterson v. Black

OPINION

HARDBERGER, Chief Justice.

Appellant, C.D. Peterson (“Peterson”), sued appellee, Robert E. Black (“Black”), alleging that Black breached his duty to conduct a fair sale and acted negligently in his role as trustee. Black served as substitute trustee at a foreclosure sale involving property pledged by Peterson to secure certain indebtedness to PNL Asset Management, L.L.C. 1 Peterson appeals the summary judgment granted in favor of Black.

Factual and Procedural History

Peterson was the maker of a note secured by certain real property in Kerr County, Texas. PNL acquired the note from the…