Korrody v. Miller

OPINION

Opinion by

PHYLIS J. SPEEDLIN, Justice.

This case involves a dispute over the characterization of an oral financing agreement between Nita Miller (“Miller”) and Ramon Korrody (“Korrody”). In challenging the district court’s judgment, Korrody argues that the court erred in its determination that Korrody breached the agreement and in denying his counterclaim for usury. We overrule Korrody’s issues and affirm the judgment of the trial court.

BACKGROUND

Korrody is the president of Unicorn Construction, Inc., a construction business. In order to meet the financial obligations of his business,…