Legal Opinion
First National Bank v. Trans Terra Corp. International
Court of Appeals for the Fifth Circuit
Decided June 17, 1998No. 97-10167, 97-10914PublishedCited by 22 opinions
1Opinion of the Court
REAVLEY, Circuit Judge:
The principal issue in this diversity case is whether a lender can pursue a negligence claim against an attorney who, in the course of representing a borrower, submits an inaccurate title opinion to the lender. Because we hold that Texas law allows for such a claim under the facts presented, we reverse.
BACKGROUND
Tim Epps was the president and owner of Trans Terra Corporation International (Trans Terra). Trans Terra owned interests in six oil and gas wells known as the Ledrick wells, located in Roberts County, Texas. Attorney Malcolm Douglass, of the firm of Lane &…
2Cases cited15 opinions
- Federal Land Bank Ass'n of Tyler v. SloaneTexas Supreme Court · 1992
- James Leroy Jackson v. Johns-Manville Sales Corporation and Raybestos-Manhattan, Inc., DefendantsCourt of Appeals for the Fifth Circuit · 1986
- Haws & Garrett General Contractors, Inc. v. Gorbett Bros. Welding Co.Texas Supreme Court · 1972
- Barcelo v. ElliottTexas Supreme Court · 1996
- Banc One Capital Partners Corp. v. KneipperCourt of Appeals for the Fifth Circuit · 1995
10 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- The First National Bank of Durant v. Trans Terra Corporation International, Lane & Douglass and Don R. Lane, the First National Bank of Durant v. Malcolm C. DouglassCourt of Appeals for the First Circuit · 1999
- Tom Hawk v. Pershing, L.L.C.Court of Appeals for the Fifth Circuit · 2019
- Encompass Office Solutions, Inc. v. La. Health Serv. & Indem. Co.Court of Appeals for the Fifth Circuit · 2019
- Henderson v. Wells Fargo Bank, N.A.District Court, N.D. Texas · 2013
- Texas Instruments, Inc. v. Hyundai Electronics Industries, Co.District Court, E.D. Texas · 1999
17 more not listed; retrieve them via the Exa API.