Legal Opinion

Prudential Insurance Co. of America v. Jefferson Associates, Ltd.

Court of Appeals of Texas

Decided October 14, 1992No. 3-90-217-CVPublishedCited by 16 opinions

1Opinion of the Court

KIDD, Justice.

This case arises from the sale of the Jefferson Building, a four-story commercial office building in Austin, Travis County, Texas. In late 1983, the Prudential Insurance Company of America (Prudential), after becoming, through foreclosure, the owner of the Jefferson Building, proposed to sell it to Jefferson Associates, a limited partnership, and F.B. Goldman (collectively, Goldman). Two years after the sale was consummated, Goldman discovered that the building contained asbestos. Alleging that the presence of asbestos significantly depreciated the value of the building, Goldman…

2Cases cited54 opinions

  1. In Re King's EstateTexas Supreme Court · 1951
  2. Cain v. BainTexas Supreme Court · 1986
  3. Garza v. AlviarTexas Supreme Court · 1965
  4. Pacific Mutual Life Insurance v. HaslipSupreme Court of the United States · 1991
  5. Browning-Ferris Industries of Vermont, Inc. v. Kelco Disposal, Inc.Supreme Court of the United States · 1989

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3Cited by16 opinions

  1. Formosa Plastics Corp. USA v. Presidio Engineers and Contractors, Inc.Texas Supreme Court · 1998
  2. Prudential Insurance Co. of America v. Jefferson Associates, Ltd.Texas Supreme Court · 1995
  3. Rodebush Ex Rel. Rodebush v. Oklahoma Nursing Homes, Ltd.Supreme Court of Oklahoma · 1993
  4. Associated Telephone Directory Publishers, Inc. v. Five D'S Publishing Co.Court of Appeals of Texas · 1993
  5. National Union Fire Ins. Co. of Pittsburgh, Pa. v. Care Flight Air Ambulance Service, Inc.Court of Appeals for the Fifth Circuit · 1994

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

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