Pako Corp. v. Thomas

RAMEY, Chief Justice.

Appellant Pako Corporation (“Pako”) appeals from a bench trial judgment for the Appellee Anna Baker (“Baker”) on her counterclaim against Pako in the amount of $582,430.00, and for attorneys’ fees, post-judgment interest and costs. Because we have concluded that Baker’s counterclaim is barred by limitations, we reverse the trial court’s judgment and render a take-nothing judgment.

In August 1982, Pako, a manufacturer of photo processing equipment, sued Baker and Billy Thomas (“Thomas”) who had opened and operated a photographic laboratory (“Foto Factory”). Pako’s original…