Rancho La Valencia, Inc. and Charles R. "Randy" Turner v. Aquaplex, Inc. and James Edward Jones, Jr.

This case is before us a second time. It concerns a business dispute between Ran-cho La Valencia, Inc. and Aquaplex, Inc. 1 In the earlier appeal, we held that the evidence of fraudulent intent by Rancho in connection with the execution of a memorandum of settlement agreement (MSA) was legally sufficient. 297 S.W.3d 768, 775 (Rancho I). We next analyzed the court of appeals’ treatment of damages for fraudulent inducement of the MSA, and held that “some evidence supported an award of damages for fraud under the MSA, just not at the level awarded by the trial court.” Id. at 777. We remanded the…