Legal Opinion
Guaranty Bank v. Lone Star Life Insurance Co.
Court of Appeals of Texas
Decided June 9, 1978No. 19549PublishedCited by 14 opinions
1Opinion of the Court
GUITTARD, Chief Justice.
Guaranty Bank sued Lone Star Life Insurance Company to enforce a commitment agreement in the form of a letter to make a loan to Omnia Systems, Inc. The bank alleges that it had made a short-term loan to Omnia in reliance on the commitment letter. Lone Star defended on the ground that the bank was neither a party to the commitment nor a third-party beneficiary entitled to enforce it and also on the ground that certain conditions to its obligation to make the loan had not been met. The trial court rendered summary judgment for defendant, and the bank appealed, contending…
2Cases cited6 opinions
- Wheeler v. WhiteTexas Supreme Court · 1965
- Maynard v. ElliottSupreme Court of the United States · 1931
- Robinson v. MountjoyDistrict Court, W.D. Missouri · 1973
- Pasadena Associates v. ConnorCourt of Appeals of Texas · 1970
- Chevron Oil Co. v. DobieNew York Court of Appeals · 1976
1 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Bank of El Paso v. T.O. Stanley Boot Co., Texas Court of Appeals, 8th District (El Paso)1991
- EL PASO HEALTHCARE SYSTERM, LTD. v. Piping Rock Corp., Texas Court of Appeals, 8th District (El Paso)1997
- Jeffrey A. Severs and Lila Severs AND Robert and Linda Gaudin AND Mira Vista Homeowners Association, Inc. v. Mira Vista Homeowners Association, Inc. AND Jeffrey A. Severs and Lila Severs, Texas Court of Appeals, 2nd District (Fort Worth)2018
- Stable Energy, L.P. v. Kachina Oil & Gas, Inc., Texas Court of Appeals, 3rd District (Austin)2001
- Shaughnessy v. Mark Twain State BankMissouri Court of Appeals · 1986
9 more not listed; retrieve them via the Exa API.