Hendricks v. Hicks

William T. Hicks and Miss Kitty’s, Inc. (hereafter collectively Hicks) contend the master in equity erred in finding Hicks liable for fraud. We affirm. 1

FACTS

Hicks leased the property in question from Danny Enterprises in 1998. Hicks and Howard Hendricks entered into a contract in 2002, pursuant to which Hicks’ leasehold interest was assigned to Hendricks. Hendricks also purchased all the furniture, fixtures, equipment, inventory, and good will connected with the ongoing business and the premises. The contract also gave Hendricks the right to offset any loss or damage he incurred in the event…