Legal Opinion

Bobbie J. Griffitts v. Life Partners, Inc.

Texas Court of Appeals, 10th District (Waco)

Decided May 26, 2004No. 10-01-00271-CVPublished

1Opinion of the Court

Bobbie Griffitts v. Life Partners

IN THE

TENTH COURT OF APPEALS

No. 10-01-00271-CV

BOBBIE J. GRIFFITTS,

Appellant

v.

LIFE PARTNERS, INC.,

Appellee

From the 19th District Court

McLennan County, Texas

Trial Court # 2000-3235-1

MEMORANDUM OPINION

This appeal concerns a suit for the rescission of Griffitts’s purchase of interests in life insurance policies from Life Partners, Inc. Griffitts pleaded that Life Partners’ offer of the policies violated requirements of Texas’s Securities Act. See Tex. Rev. Civ. Stat. Ann. arts. 581-1 through 581-43 (Vernon 1964 & Supp. 2004). The parties filed motions for summary…

2Cases cited13 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
  3. Reves v. Ernst & YoungSupreme Court of the United States · 1990
  4. Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
  5. Texas Commerce Bank, N.A. v. Grizzle Ex Rel. GrizzleTexas Supreme Court · 2002

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