Commerce Savings Assoc. v. Welch

OPINION

BIERY, Justice.

Commerce Savings Association, appellant, attempted a novel strategy which, if successful, would allow it to extinguish a cause of action against it by a plaintiff who happens to be a judgment debtor in an unrelated action. We affirm the trial court’s judgment invalidating the strategy.

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The background of this case is as follows:

Appellee Danny Welch, in his role as defendant in a past lawsuit, entered into an agreed judgment with his opponents. Welch, in a separate role, is plaintiff in a lawsuit pending in federal district court against Commerce Savings…