First State Bank of Mesquite v. Bellinger & Dewolf, LLP

OPINION

DAVID WELLINGTON CHEW, Chief Justice.

First State Bank of Mesquite appeals from a summary judgment granted in fa vor of Bellinger & Dewolf, LLP, H. Lynn Musgrove, Jr., and Glen Bellinger. 1

In 2004, First State Bank of Mesquite (the “Bank”) loaned approximately $1.7 million to Fradette Brothers Enterprises, Inc. (“FBE”) for the purchase of H20 Fire Sprinkler Corporation (“H20”) from Robert Hawley. FBE executed a promissory note and pledged the assets of H20 Fire Sprinkler Corporation as collateral for the loan. John Fradette and Mike Fradette executed personal guaranties in connection…