Hicks v. Wright

McKAY, Justice.

This is a suit to recover money paid by John Wright, appellee,1 to extinguish a debt on a promissory note signed by Mike Hicks, as payor, and Dave Hicks, as guarantor. Based on the jury’s findings, the trial court entered judgment for appellee for actual damages in the amount of $70,380.47, an amount stipulated to by the parties, and exemplary damages totalling $100,000.00. The court also entered judgment for appel-lee in the amount of $76,380.47 on the basis of equitable subrogation. It is from this judgment that appellants, Dave Hicks, Dave Hicks Company, Inc., Mike Hicks,…