Commerce, Crowdus & Canton, Ltd. v. DKS Construction Inc.

ENOCH, Chief Justice.

This is an appeal from a judgment granted to DKS Construction, Inc. (DKS) and Texas K-Span Structures, Inc. (K-Span) for moneys due and owing on three construction contracts. Appellants allege that the interest charged under the contracts was usurious, and that the trial court erred in holding all of the appellants jointly and severally liable. We agree, and for the reasons stated, reverse and render in part; reverse and remand in part; and affirm in part.

FACTS

C. Edgar Sherrill is the general partner of Commerce, Crowdus & Canton, Ltd. (CCC), a Texas limited partnership…