Rhodes v. Interfirst Bank Fort Worth, NA

OPINION

HOPKINS, Justice.

Appellants, as trustees for the McIntyre Loyalty Trust (MLT or “appellants”) appeal the entry of summary judgment against MLT in a suit concerning a guaranty agreement entered into between MLT and Inter-First Bank Fort Worth (InterFirst).

The judgment is affirmed.

Appellee, InterFirst, sued appellants, MLT, on an agreement guaranteeing a loan made to a third party, now bankrupt. MLT defended alleging that InterFirst made certain materially false representations concerning the collateral on the loan. MLT alleged that it was induced by fraud to guarantee the loan.…