James H. Byrd, W.D. Culwell, William R. Dean v. the Estate of H.G. Nelms

Byrd, Culwell and Dean v. Estate of Nelms

IN THE

TENTH COURT OF APPEALS

No. 10-01-00241-CV

JAMES H. BYRD,

Appellants

v.

THE ESTATE OF H.G. NELMS,

Appellee

From the 133rd District Court

Harris County, Texas

Trial Court # 93-61032

O P I N I O N

James H. Byrd, along with others in a joint venture, signed an agreement guaranteeing a debt incurred by the joint venture. Years after Byrd assigned away his interest in the joint venture, he was sued by The Estate of H. G. Nelms, (1) one of the current venture partners and also a co-guarantor, which, after purchasing the underlying debt, sought payment of the debt…