McCarley v. Hopkins

OPINION

BASS, Justice.

Appellant, Don McCarley, appeals a directed verdict granted in favor of the ap-pellees, Royce and Mollie Hopkins.

We affirm.

Don McCarley and a partner owned All Seasons Travel Agency. In 1981, McCar-ley began negotiating the merger of All Seasons with Travel Innovations, Inc., which was a Texas Corporation owned and operated by Royce and Mollie Hopkins. During the negotiations, McCarley and Royce Hopkins decided that McCarley would have to buy out his partner. To do this Royce Hopkins had to replace McCar-ley’s partner as a guarantor on a bank loan that All Seasons had…