Legal Opinion

Preston Hollow Capital v. Truist Bank

Texas Business Court

Decided February 2, 2026No. 25-BC01B-0030PublishedCited by 1 opinion

1Opinion of the Court

FILED IN BUSINESS COURT OF TEXAS BEVERLY CRUMLEY, CLERK ENTERED 2/2/2026

2026 Tex. Bus. 5

PRESTON HOLLOW CAPITAL, § LLC; and PHCC LLC, Plaintiffs § § v. § Cause No. 25–BC01B–0030 § TRUIST BANK FORMERLY § KNOWN AS BRANCH BANK & § TRUST, Defendant § ═══════════════════════════════════════ OPINION REGARDING DESIGNATION OF THIRD PARTIES ═══════════════════════════════════════ Syllabus 1 This opinion addresses Civil Practice & Remedies Code Chapter 33’s definition of “responsible third party” and the meaning of “the harm for which recovery of damages is sought,” as used therein. Opinion [¶ 1] Based…

2Cases cited11 opinions

  1. Cameron v. Terrell & Garrett, Inc.Texas Supreme Court · 1981
  2. In re LipskyTexas Supreme Court · 2015
  3. First American Title Insurance Co. v. CombsTexas Supreme Court · 2008
  4. Crosstex Energy Services, L.P. v. Pro Plus, Inc.Texas Supreme Court · 2014
  5. Gary Wayne Jaster v. Comet II Construction, Inc., Joe H. Schneider, Laura H. Schneider, and Austin Design GroupTexas Supreme Court · 2014

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3Cited by1 opinion

  1. Preston Hollow Capital v. Truist BankTexas Business Court · 2026

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