Legal Opinion

Ashcraft v. Lookadoo

Texas Court of Appeals, 5th District (Dallas)

Decided August 28, 1997No. 05-95-01211-CVPublished

1Opinion of the Court

952 S.W.2d 907 (1997)

W.R. ASHCRAFT, Appellant,

v.

Donald E. LOOKADOO, Appellee.

No. 05-95-01211-CV.

Court of Appeals of Texas, Dallas.

August 28, 1997.

Gary Pridavka, Spencer and Pridavka, P.C., Dallas, for appellant.

Gregory A. Whittmore, Dallas, for appellee.

Before the court en banc.

OPINION

HANKINSON, Justice.

W.R. Ashcraft purchased a note deficiency from the Resolution Trust Company. The principal issue presented here is whether, when Ashcraft purchased that deficiency, he also acquired Donald E. Lookadoo's guaranty, which secured the original note, so that he became the guaranty's owner and could…

Also in this document: Concurrence; Dissent.

2Cases cited55 opinions

  1. Cain v. BainTexas Supreme Court · 1986
  2. Coker v. CokerTexas Supreme Court · 1983
  3. Barr v. Resolution Trust Corp. Ex Rel. Sunbelt Federal SavingsTexas Supreme Court · 1992
  4. Rogers v. Ricane Enterprises, Inc.Texas Supreme Court · 1989
  5. Clancy v. Zale Corp., Texas Court of Appeals, 5th District (Dallas)1986

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